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Payout and Payment Preferences

  • Updated

Introduction

A connected bank account is required to accept reservations and charge a customer's credit card. Payouts are delivered through direct deposit. Cleared funds will be transferred into your account on a nightly basis. Review the Deposits Report for a breakdown of payouts. 

 

Setting your payout preferences

 

 

Are you looking to replace and remove the current account? 

  • select Update*

Are you looking to add a bank account for a new location?  

  • select Connect an Account*


*Verification of a Business Representative will be requested within two weeks of connecting an account 

 

Connect an Account

  • Click the "Connect an Account" button
  • Select the country of your bank account and the bank account type.
  • Then select "continue"
    • Individual: if this is your private bank account
    • Sole proprietor: if the bank account is registered under your name as a sole proprietor but it's not your private/personal bank account
    • Cooperation: if the bank account is a company bank account
  • You'll be able to log in to your bank account via Plaid, then click "Continue".
    • Outdoorsy/Wheelbase uses Plaid, a secure third-party banking solution tha verifies your banking details and helps you get set up quickly.
  • Read Plaid's Privacy Policy and click "Continue"
  • Search your bank via the search bar function, then select the bank.
  • Enter your bank credentials, to directly log into your bank account via Plaid.
  • Depending on your bank, the system might ask you for some more information in the following process. Please fill out the requested details.
  • After completing the process, you should see your bank account show up under payout preferences in the Wheelbase dashboard.

Connect your bank account to your store location

  • Navigate to Account Settings > Store Locations
  • Click on the drop down under Bank account.
  • Select the bank account. This will be the destination of payouts for bookings at this location.
Please note:
  • Only 1 bank account can be selected per location
  • You can use the same bank account for as many locations as you like

 

Payment Preferences

You do not need to fill this out. Historically a payment method was used for collecting payment for  Premium Services charges. Today Wheelbase debits any fees associated with the booking, like protection packages and trip protection directly from the payout. 

 

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