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Teachable payment gateways: Set up Teachable Payments and get paid

7 min read
Frances Wong
March 5, 2020
https://www.teachable.com/blog/set-up-your-payments-and-start-getting-paid
teachable.com/blog/set-up-your-payments-and-start-getting-paid

Now that you’ve linked up your website to your Teachable courses, uploaded your course content, and created your sales page, it’s time to set up your payments. Then you can start selling your course.

Set up your payments to start selling

Teachable Payments is available to creators in a wide range of countries. If your country is not yet eligible, your school automatically routes to Teachable's Custom Payment Gateway so you can keep accepting card payments while eligibility expands. Check your country's status directly in Settings > Payments inside your school admin.

Set up Teachable Payments

Here is how to turn on Teachable Payments.

  1. Log in to your school.
  2. Navigate to Settings, then Payments, in your school admin.
  3. Choose your country from the dropdown menu to confirm eligibility.
  4. Enter your phone number and select Set up Teachable Payments to start onboarding.
  5. Fill out your business information, annual earnings, and tax filing status.
  6. Complete your account registration through Teachable's payment partner, Stripe.
  7. Decide whether to enable BackOffice for author and affiliate payouts.

That is it. You can track every payout from your Payments dashboard under Settings > Payments.

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Payouts on Teachable Payments

Teachable Payments now includes instant payouts settled in your own currency. There is no reserve held against your balance and no multi-week wait before funds move. Once a sale settles, the money is available in minutes, replacing the old daily, weekly, or monthly payout choice.

For more specifics on the payouts breakdown and other fees, please read our Knowledge Base article.

Payouts on Teachable Payments

Teachable Payments now includes instant payouts settled in your own currency. There is no reserve held against your balance and no multi-week wait before funds move. Once a sale settles, the money is available in minutes, replacing the old daily, weekly, or monthly payout choice.

Tax and chargeback support includ2ed

Teachable Payments calculates, collects, and remits sales tax, VAT, and GST automatically across its supported countries, at no extra cost to you. Every transaction also comes with automated fraud monitoring and chargeback support, so disputes get the documentation they need without extra work on your end.

BackOffice: automate payouts, tax forms, and bundles

Managing income across content, marketing partnerships, and affiliates can turn into a second job. BackOffice automates that work. Once enabled, BackOffice:

  • Handles affiliate and co-author payouts automatically, so you skip the manual accounting.
  • Collects W-8 and W-9 forms and files 1099s for you, your authors, and your affiliates.
  • Unlocks bundle pricing across your catalog.

PayPal and buy now, pay later are already part of your standard Teachable Payments offer, so enabling BackOffice is about collaborator payouts and bundles, not payment method access.

Getting the most from Teachable Payments

Once your account is active, keep an eye on your Payments dashboard for payout status and any action items. If you sell subscriptions or payment plans, Stripe Billing keeps recurring revenue running smoothly with automated retries and a student self-service portal.

Disclaimer: Teachable provides helpful information for creators getting started with their business, including information about taxes, but Teachable is not a certified tax professional. Consult your own tax, legal, and financial professionals to determine requirements for your individual business. Teachable does not provide legal or tax advice to users of Teachable Payments. By using Teachable Payments, you are solely responsible for obtaining any legal or tax advice you consider appropriate in connection with your use of Teachable Payments.

Set up Teachable Payments and start getting paid.

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