Host Payout Policy · version 2026-10-11
How hosts get paid.
This policy explains how ticket money, fees, refunds and payouts work when you host a paid event on Nyotify. By applying to become a host you agree to it.
Your share
For every paid ticket you receive 90% of the ticket price after any promo-code discount. Nyotify keeps 10% as a platform fee. Payment gateway charges are covered by Nyotify’s fee, not deducted from your 90%.
When you get paid
Payouts are sent manually by the Nyotify team to the bank account or UPI ID on your host profile, starting 24 hours after your event ends. You get an email with the bank reference (UTR) when it’s sent, and you can follow each payout under Profile → Payouts. Bank transfers can take up to two working days to arrive.
Payout details
You must give payout details that belong to you or to the organisation you host for. Account numbers and IFSC codes are stored encrypted and are only seen by the Nyotify team when sending a payout or checking for fraud. If your details are missing or wrong, the payout waits until you correct them.
Refunds and cancellations
Hosts can’t refund individual tickets. Tickets are refunded only when an event is cancelled: Nyotify then refunds every ticket holder automatically, to the way they paid, and no payout is made for that event. Each buyer gets back the ticket price minus the payment gateway (Razorpay) fee on their payment (about 2% plus GST), which Razorpay doesn’t return on refunds. Buyers pay only the ticket price at checkout, with no extra fee added. A cancelled event with ticket sales can’t be reinstated, and an event that has already happened can’t be cancelled.
Holds and deductions
We may delay or withhold a payout while we look into a chargeback, a payment dispute, a complaint that the event did not happen as described, or suspected fraud. Refunds and chargebacks that arrive after a payout may be deducted from your future payouts.
Taxes
You are responsible for any income tax, GST or other taxes on the money you earn from your events. Nyotify may need your PAN or other details to meet its own legal obligations and will ask you if so.
Verification and suspension
Hosting needs a one-time approval. We may ask for more information, and we may suspend hosting or reject an application if details look wrong, if the Terms are broken, or to protect guests. Suspended hosts keep access to their account and past payouts.
Changes to this policy
If we change this policy we will update the version date above and ask you to agree again before your next payout-related action. Questions? Write to contact@nyotify.com.