Wallet: Set Up and Manage Your Payout Account
The wallet is where your organization receives meeting fees and donations. All payments collected through HeyPeers flow into the wallet before they can be transferred to your organization’s bank account.
Access
Only accessible by the Administrator designated as the Owner
In the Organization Management Module, select Wallet from the side menu.
The Wallet page will be displayed.
Setting Up the Wallet
Before your organization can receive payouts, the wallet must be set up and verified. This process is powered by Stripe, a secure and widely used payment processor.
Setting up your wallet is a two-step process.
Step 1: Verify your identity
Financial regulations require HeyPeers to collect and maintain certain information about all account holders. These “Know Your Customer” (KYC) requirements help prevent fraud and protect the financial system. All information is stored securely through Stripe, our trusted payment processor.
Provide your business type, professional details, a statement descriptor, and a few personal details. Click on Agree and Submit to save your data.
Step 2: Add a Bank Account
Next, you'll be prompted to enter your organization's bank account details. This is the account where payments will be securely deposited. To proceed, click Link a new Account.
A pop-up window will appear, prompting you to enter the organization's bank account details and routing number. Once you've completed the form, click Submit to securely save your information.
