Setting Up Stripe Connect for Payouts

Connect your bank account to receive earnings from Fabric

Overview

Fabric uses Stripe Connect to send payouts to device owners. You'll need to complete Stripe's onboarding to receive payments.

Requirements

  • Fabric account with enrolled device
  • Earnings balance above the minimum payout threshold
  • Bank account or debit card
  • Valid ID for verification (required by Stripe)

Starting the Setup

Log in to fabric.carmel.so

Go to Settings → Payouts

Click "Set Up Payouts" or "Connect Stripe"

You'll be redirected to Stripe's secure onboarding

Stripe Onboarding Steps

Stripe requires:

1. Personal Information

  • Legal name
  • Date of birth
  • Address
  • Phone number

2. Identity Verification

  • Government-issued ID (passport, driver's license)
  • May require a selfie
  • Automatic verification in most cases

3. Bank Account

  • Bank account number
  • Routing number
  • Or: Debit card for instant payouts

4. Tax Information (US)

  • Social Security Number or EIN
  • For 1099 reporting if earnings exceed threshold

Completing Verification

Most verifications complete within minutes. Sometimes Stripe needs more time or additional documents.

If verification is pending:

  • Check your email for Stripe messages
  • Log in to your Stripe dashboard if needed
  • Upload any requested documents

If verification fails:

  • Ensure information matches your ID exactly
  • Try a different ID document
  • Contact Stripe support if issues persist

After Setup

Once connected:

  • Your payout status shows "Active" in Fabric dashboard
  • You can request payouts when you reach the minimum threshold
  • Earnings are transferred directly to your bank

International Payouts

Stripe Connect supports payouts in many countries. Available payout methods vary by region:

  • US: Bank account, debit card (instant)
  • EU/UK: Bank account (SEPA)
  • Canada: Bank account
  • Australia: Bank account
  • Other: Check Stripe's supported countries

Payout Timing

  • Standard: 2-5 business days
  • Instant (where available): Minutes (may have fees)

Timing depends on your bank and country.

Updating Your Bank Account

Go to Settings → Payouts

Click "Manage Stripe Account"

Update bank details in Stripe dashboard

Changes take effect on next payout

Troubleshooting

"Verification required" message:

  • Complete any pending Stripe verification steps
  • Check email for Stripe requests

Bank account not accepted:

  • Ensure it's a checking account (not savings)
  • Verify account is in your name
  • Try a different account

Payout delayed:

  • First payouts may take longer
  • Bank holidays affect timing
  • Check Stripe dashboard for status