You can integrate with a payment processor to start accepting payment for your courses! Once you start accepting payment, you will receive your funds directly from your payment processor.
In this article:
Setting up Your Payment Integration
Before you can start accepting payment for your courses, you'll need to integrate with a payment processor.
Setting Your Pricing
Getting Payment from Thinkific Payments
When a student pays via Thinkific Payments, revenue is deposited from your Thinkific account into your bank account.
Payout schedules depend on the country your business is registered in, and your account verification status. Learn more about the Payouts Report.
Getting Payment from Stripe
When a student pays via Stripe, you will see the Payment method listed as Credit card in your Order details.
Your Stripe account will conduct automatic payouts to your bank account. You can change how frequently the payouts are made directly in your Stripe account!
Learn how to customize that here: Payout Schedule
You will not receive your first payout until 7-10 days after your first successful payment is received. See here for more details on receiving Payouts from Stripe
Getting Payment from Paypal
When a student pays via PayPal, you will see the Payment method listed as PayPal in your Order details.
With payments that are made through Paypal, you will need to manually transfer funds to your bank account. Check out PayPal's instructions on how to get started: How to Withdraw Funds from PayPal
For brand new business accounts, Paypal will hold funds for up to 21 days to verify that the business is legitimate.
How to Review If a Payment Went Through Stripe or PayPal
If you are not sure how your student paid, you can review your Orders Report to see if a student paid via Stripe or PayPal under the Payment method column. More details on that here: Did my student purchase go through Stripe or PayPal?