How to set up Teachable Pay on Teachable

beginner 8 min read Updated 2026-03-18

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.

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Prerequisites

Active Teachable account with admin access
Valid business information and tax details
Bank account for receiving payments
Government-issued ID for verification

Step-by-Step Instructions

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.

Make sure you're logged in as the school owner or have admin permissions to access payment settings.

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.

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.

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

Click Save and Continue when complete.

Ensure all information matches your official business documents exactly to avoid verification delays.

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

Click Upload and then Submit for Review.

Take the photo in good lighting and ensure there's no glare on the ID. This step is required for compliance and fraud prevention.

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)

Double-check all numbers for accuracy and click Add Bank Account.

Use a business checking account if you have one. Savings accounts may have withdrawal limitations that could affect your payouts.

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

Select your option and click Save Preferences.

Daily payouts are great for cash flow but weekly or monthly might be easier for accounting purposes.

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.

Read through the fee structure carefully and compare it with other payment processors to ensure it works for your business model.

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.

While waiting for approval, you can continue building your courses. Your payment processor will be active once verification is complete.

Common Issues & 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.

Prices mentioned in this guide are pulled from current plan data and may change. Always verify on the official Teachable website before purchasing.

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