Skip to main content

What are Payout Settings and why do I need them?

Tap Electric Payout Settings determine where your monthly charger revenues are deposited. Learn how to keep yours up to date.

Updated over a week ago

Payout Settings tell us where to deposit your revenues each month. With Tap you have 2 options:

1. Stripe. Stripe is a leading payment service provider. They provide excellent dashboarding and reporting capabilities, and advanced control of payout preferences. If you have such needs or already have a Stripe account, you may want to use Stripe to receive your charger payments. Create your Stripe account or link your existing one by navigating to:

Account > Settings > Payout Settings > Open Stripe

To comply with Know Your Customer (KYC) regulations, Stripe may ask you to identify. There are no fees associated to this Stripe account for you.

2. Direct bank payouts. By entering your bank details, Tap will deposit your revenues directly in your account each month.

Account > Settings > Payout Settings > enter bank details

Direct Bank Payout Fields

UK Customers: Sort code + Account number
European Customers: IBAN + BIC

Did this answer your question?