Congratulations on completing your paid collaborations with CreatorBonus! 🥳 Now it’s time to get paid for your hard work. Our team will send you a Stripe link for you to collect payment, but there are a few things you need to know beforehand.
Payment Method: Stripe
Currently, CreatorBonus partners with Stripe for secure financial services, a secure and reliable payment platform used by companies like X, Substack, and Clubhouse for creator payouts. Using Stripe ensures your payment is secure, accurate, and easy to manage. It is also efficient for tax purposes since Stripe can auto-generate tax forms such as the 1099 Tax Form for you. Please refer to this article to learn more about How to File Taxes for Content Creators.
Why We Use Stripe
Stripe allows creators on our platform to manage payments, analyze trends, keep track of accounts, and monitor earnings—all in one integrated hub. This centralized system simplifies the payment process and enhances the overall user experience.
Getting Started with Stripe
Here’s a step-by-step guide on how to start accepting payments and payouts from CreatorBonus:
Step 1: Receive the Stripe Link
Our team will send you a link to set up your Stripe account.
Step 2: Set Up Your Account
Follow the instructions to create your Stripe account. This process will involve providing some personal and financial information.
Step 3: Fill in your email again and create a password
Step 4: Determine your Business Type and Structure
During this step, please provide information about your business including Business Type and Structure for future tax filing purpose. If you filed documents to register your business with a government agency, your Business Type is likely Company. Otherwise, it is likely individual. Please refer to this Stripe support article if you are unsure.
Step 5: Verify your personal details
This information is collected to verify your identity, keep your account safe, and help meet legal and regulatory requirements. For more information, you can always read Stripe's Privacy Policy.
Rest assured, all the confidential information you provide is securely managed by Stripe. CreatorBonus only has the capability to send you payments and does not have access to your personal information.
Step 5: Business details
Please select your industry that best matches the goods or service your provide, it helps satisfy risk and compliance obligations. Next, share a website link, or a social media account, or an online profile where you promote or sell products or services with Stripe.
Step 6: Select an account for payouts
Earnings you receive will be sent to the bank account you selected below or you can enter the bank details manually instead.
Using Stripe simplifies the payment process, ensuring you receive your earnings smoothly and securely. If you have any questions or need further assistance, feel free to reach out to our support team at [email protected].