Payout Process

1) Admins and staff will handle payout requests after users submit them. The instructor should submit a payout request from the panel, and the admin will send money to the instructor's account after manually confirming the payout request.

2) Instructor income wallets will be reset after payouts are processed.

3) In the admin panel, the minimum payout amount can be set for payout requests, so that if the instructor has a lower balance than the minimum payout amount, he or she cannot request a payout.

4) Proceed with payout requests by going to the “Admin panel/ Financial section/ Payout/ Requests The payout requests will be displayed in a list and can be handled from the “Controls” column.

5) Once the payout request has been confirmed, you should manually send the money to the instructor's account (which they defined in their panels). After the payout is processed, the instructor's income wallet will be reset.

Payout Accounts

It is possible to define payout accounts for instructors from the admin panel. These payout methods are available from the Instructor Panel, where instructors can select them and define their account information.

Please go to the “Admin Panel/ Settings/ Financial/ Payout Accounts” menu. And click on the “Add Account” button.

You can define a title for the payment method. You need to also define specifications for payout methods. Specifications are inputs that users will be asked for them to enter for payout. For example, if you want to define Paypal as a payment method, you need to define a specification with the title “Paypal Email” for it and it means the user needs to enter their Paypal email in financial settings when they select Paypal as the payout method.

You might need to ask users for local bank account details so you can define specifications like IBAN, Account Number, Card Number, etc.

How to define payout information as a user?

Users can define their payout account information from the “User Panel/ Settings/ Identity & Financial” menu.

When the user selects an account, the related inputs will be displayed according to the selected payout account and the user needs to enter the related information.