How to Change Your Payout Bank Details for Withdrawals

Changing your payout bank details on Hypermarket ensures that your withdrawals are directed to the correct account. This process involves interacting with the Stripe dashboard to update your banking information securely. Follow these steps to update your bank details for withdrawals.

Step 1: Access Your Store Dashboard

Log into your Hypermarket account and open your store’s dashboard. This is your central control panel for managing all aspects of your store.

Step 2: Access Financial Details

Click on the ‘Finances’ tab within your store dashboard. This section provides an overview of your financial transactions and balance.

Step 3: Navigate to Stripe Dashboard

From the Finances tab, click on the blue ‘Dashboard’ button. This will redirect you to your Stripe dashboard, where more detailed financial management tools are available.

Step 4: Locate Payout Settings

In the Stripe Dashboard, click on the person icon located in the top right corner. Then, scroll down to the section labeled ‘Payout details’. This area contains your current bank information and settings related to how you receive your funds.

Step 5: Edit Bank Details

Click on the ‘Edit’ button next to your current bank details.

Choose Update Method:

• Link Another Account: If you choose to link another bank account directly, you will be prompted to log into your bank account via a secure connection facilitated by Stripe. This method is quick and ensures all bank details are correct.
  
  
• Enter Bank Details Manually: For manual entry, select ‘enter bank account details manually’. You’ll need to provide your bank account number and routing number. Stripe may make a small verification transaction to confirm the account, which you’ll need to verify.

Step 6: Save and Confirm Changes

After entering new bank details or linking a new account, click ‘Save’ to apply the changes. Stripe will typically confirm the update via email or dashboard notification, ensuring you are aware that the new payout details are in place.

By following these steps, you can confidently manage and update your bank details for withdrawals on Hypermarket, ensuring that your earnings are always directed to the correct place. This flexibility and control over your financial details are crucial for maintaining the smooth operation of your business transactions on the platform.