Billing & Payments

How does billing work?

PeerShard generates monthly invoices for compute partners based on actual GPU usage. GPU owners receive monthly remittance statements detailing their earnings minus the platform service fee.

What payment methods are accepted?

We currently support bank transfers: Faster Payments (UK) and International Bank Transfer (worldwide). Additional payment methods may be added in the future.

Is VAT applied to invoices?

VAT is applied based on your location and account type. UK businesses and individuals are charged 20% UK VAT. Non-UK businesses with a valid VAT number receive reverse-charge treatment (0%). Non-UK in…

What currencies are supported?

GBP is our base currency. We display amounts in 10 currencies (GBP, USD, EUR, JPY, CHF, AUD, CAD, HKD, SGD, CNY). Exchange rates are locked at the time of invoice generation.

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