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Payment account

Managing your payment account.

Updated over a month ago

When completing certain projects, you may be eligible to receive payments for your work. Aside from feedback, getting your skills verified, and having additional work based experiences to put on your resume / CV, payments are obviously the best way to be rewarded for your efforts.

Your payment account acts as the bridge between payments on Riipen and your own personal bank account. Having your payment account properly set up is the only way to receive payments.

General

Eligibility

In order to receive payments for projects:

  • The experience you are participating in must have payments enabled

  • You must be eligible to work from and have a bank account in one of the following countries:

    • Canada

    • United Stated

Account balances

When you receive payments, you will see your account balances change as those payments flow from the payer to your bank account.

First, an accepted payment will go into your Total balance which acts as a temporary holding account.

Next, every 24 hours, any money available in your Available to pay out balance will be transferred to your bank account. While in transit, this amount will be displayed in the In transit to bank balance.

Once money has landed in your bank account, you will no long see it represented in your Account balances in your payments dashboard.

How to

Create your payment account

This process will require you to have the following information at hand:

  • Personal identity information

  • Your bank account information

  • Your tax number information

To create a payment account:

  1. Click on your user avatar in the top navigation bar and select "Payments"

  2. Click on the "Account" tab

  3. Click the "Create" button

  4. Follow the prompts on the screen

Once you select your country you are eligible to work from and have a bank account in, you will not be able to change this in the future.

View your payment account details

To view your payment account details:

  1. Click on your user avatar in the top navigation bar and select "Payments"

  2. Click on the "Account" tab

Update your payment account

To update your payment account:

  1. Click on your user avatar in the top navigation bar and select "Payments"

  2. Click on the "Account" tab

  3. Click the pencil icon

Best practices

  • Always ensure your payment account details are up to date. Payments you receive will be automated and will be sent to whatever account information you have provided.

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