Boatsetter pays owners for charters through direct deposit. We validate a boat owner's 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 email@example.com. This is required to receive payment. The ID will be uploaded and scanned by our payment processor 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.