Beginner
How to set up Teachable Pay on Teachable
Quick Answer
Teachable Pay is Teachable's built-in payment processor that handles transactions for your courses. Setting it up involves verifying your identity, providing banking details, and configuring payment settings through your Teachable dashboard.
Prerequisites
- Active Teachable account with admin access
- Valid business information and tax details
- Bank account for receiving payments
- Government-issued ID for verification
1
Access Payment Settings
Log into your Teachable account and navigate to Settings from your admin dashboard. Click on Payments in the left sidebar menu. You'll see the option to set up Teachable Pay as your payment processor.
Tip
Make sure you're logged in as the school owner or have admin permissions to access payment settings.
2
Start Teachable Pay Setup
Click the Set up Teachable Pay button or Get Started if you see it. This will launch the Teachable Pay onboarding process. Select your country from the dropdown menu and click Continue.
Tip
Teachable Pay is available in select countries. If your country isn't listed, you'll need to use an alternative payment processor like PayPal or Stripe.
3
Provide Business Information
Fill out the required business information form including:
- Legal business name or your full name if sole proprietor
- Business address
- Tax identification number (SSN or EIN)
- Phone number and email address
- Business type and description
Tip
Ensure all information matches your official business documents exactly to avoid verification delays.
4
Complete Identity Verification
Upload a clear photo of your government-issued ID (driver's license, passport, or state ID). The document should be:
- Completely visible with all corners shown
- High resolution and not blurry
- Current and not expired
Tip
Take the photo in good lighting and ensure there's no glare on the ID. This step is required for compliance and fraud prevention.
5
Add Banking Information
Enter your bank account details where you want to receive payments:
- Bank account number
- Routing number
- Account holder name (must match your business name)
Tip
Use a business checking account if you have one. Savings accounts may have withdrawal limitations that could affect your payouts.
6
Configure Payout Schedule
Choose your preferred payout frequency from the dropdown menu:
- Daily - Receive payments every business day
- Weekly - Receive payments once per week
- Monthly - Receive payments once per month
Tip
Daily payouts are great for cash flow but weekly or monthly might be easier for accounting purposes.
7
Review and Accept Terms
Review the Teachable Pay terms of service and fee structure. The standard processing fee is typically 2.9% + $0.30 per transaction. Check the box to accept the terms and conditions, then click Complete Setup.
Tip
Read through the fee structure carefully and compare it with other payment processors to ensure it works for your business model.
8
Wait for Approval and Test
Your account will be reviewed within 1-2 business days. Once approved, you'll receive an email confirmation. Test your payment setup by creating a test transaction or asking a friend to purchase a course using a small amount to ensure everything works properly.
Tip
While waiting for approval, you can continue building your courses. Your payment processor will be active once verification is complete.
Troubleshooting
Identity verification failed or was rejected
Ensure your ID photo is clear, well-lit, and shows all four corners. The name on your ID must match the name you provided during setup. If it continues to fail, contact Teachable Support with a new high-quality photo.
Bank account verification is taking too long
Bank verification can take 1-2 business days. Ensure you entered the correct routing and account numbers. If it's been longer than 3 business days, check with your bank to ensure they're not blocking micro-deposits from Teachable.
Teachable Pay option is not available
Teachable Pay is only available in certain countries and for specific Teachable plans. Check if your country is supported and ensure you're on a paid Teachable plan. You may need to use PayPal or Stripe as alternatives.
Payment processing fees seem higher than expected
Review the fee structure in your Teachable Pay settings. International transactions may have higher fees. Consider if the convenience of built-in processing outweighs the costs, or explore Stripe integration which might offer better rates for your volume.
Ready to get started with Teachable?
Put this tutorial into practice. Visit Teachable and follow the steps above.
Visit Teachable →