Temple’s Tip: Direct Deposit Now Available

In the newsletter, Temple, our Shop Specialist shares a tip to improve your shop. This month’s announcement! Direct Deposit is now available for payments. Your money can be sent directly to your bank account.

We implemented a Direct Deposit feature for US partners to receive their commission! Only partners with US banking information can use Direct Deposit at this time. PayPal is still offered for all partners, but if you would like another option, then you can start collecting through Direct Deposit. Enter your details under Profile - User Account - Financial Administration.

Some important things:
Must be a Checking Account, as savings accounts can not be used.
Entering your Banking Information will remove your PayPal information, so you can only fill out one of the payment options. Which ever option is filled out at the time of payout will be where the commissions are transferred to.

International partners would have to use PayPal, unless you have a Checking Account in the US.

Routing number is generally 9 digits. Both the Routing and Account number can be found on the bottom of your checks. The Routing number is generally the first number and the Account number the second set of numbers. Some banks do list the check number on the bottom, as well. If you have any doubts or questions, then double check with your bank to make sure.

Payments are processed through ACH (Automated Clearing House), also known as EFT (Electronic Funds Transfer), which is just an electronic way for us to transfer your earnings!

Cool new option for those who wanted a choice with how they collect their money! No fees apply, so if you do get fees with PayPal, then switching to Direct Deposit will avoid these fees!

Have a Happy New Year!
Temple