Payout Settings

Getting paid for all your NIL transactions that take place in the Global and/or Local Exchange(s) is made easy with INFLCR.

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Written by Zachary Romash
Updated over a week ago

INFLCR uses Stripe to process payments within the INFLCR platform. To start receiving payments, you will need to complete the onboarding process with Stripe.

To Set Up Your Payout Settings:

  1. Navigate to the Profile tab and under the payout settings section, select the Start Onboarding button.

  2. In the external Stripe pop-up window, enter your Mobile Number, Email Address, and verify your account through a verification code that will be sent to your mobile device via text message.

  3. Complete the Tell Us About Your Business section. For the type of business, make sure to select Individual.

  4. In the personal details section, enter your Legal Name, Email, Date of Birth, Address, and Social Security Number. Your name must be submitted as your legal name. This is very important; if your name does not match your official name, you will not be able to receive payment! Additionally, this information is required for INFLCR to provide you with a 1099 tax form for you to file at the end of the year.

  5. Select an Account for your payouts. You will have the option to link a bank account or a debit card. Enter in your bank account details and/or debit card details and select Save.

  6. Review your details for accuracy. If you are missing any required information, a red box will appear around the missing information. Select Update within the red box to make any adjustments to your information. After you have reviewed your information, select Submit.

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