Setting up your owner account is essential to ease with working with Boatsetter. Boatsetter pays owners for charters through direct deposit, via Stripe. Stripe requires that we validate the owners identity in order to fulfill a requirement set forth by the IRS and to send payment for the rentals.
There are four easy steps to setting up your payment account:
1. Finish setting up your account, by adding your birthday, first and last name, and phone number.
2. Add your bank account information, in your payout preferences.
3. Fill out the tax form.
4. Send a picture of your photo ID to Boatsetter Support at firstname.lastname@example.org. This is required to receive payment. The ID will be uploaded and scanned by Stripe to verify the information provided.
For information on how to add your bank account and tax information, click here. You may also click the links on "account", "payout preferences" and "tax form" to direct you to the correct pages.