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How to Set Up Your Payout Method

How to add a payout method as a storage location manager

Updated this week

Are you ready to start storing luggage? Fantastic. Before you begin, you’ll need to set up your payout method to receive your earnings.


This guide explains how to add your payout details, complete verification, and what to do if automatic payouts aren’t supported in your country.


Purpose

To explain how partners can add a payout method, complete verification, and receive funds from LuggageHero.

Applies to

  • Platform: LuggageHero Partner Dashboard

  • Audience: Active Partner Locations and Organization Owners


1. How to add a payout method

To set up your payout details:

  1. Go to Dashboard → Your Payout Methods → Add Payout Method

  2. Your payout country will automatically match the country of your storage location.

  3. Select your Bank Account Country.

  4. Select your Bank Account Currency.

  5. Enter your Bank Account Details and click Next.

Once completed, you’ll proceed to the verification step.


2. Verification

LuggageHero uses Stripe, a trusted third-party payment processor, to securely process all partner payouts.

You’ll be redirected to a Stripe verification page to complete your KYC (Know Your Customer) process.


After you submit the required information, you’ll be redirected back to LuggageHero.

Verification is mandatory before any payouts can be issued.


3. What is KYC (Know Your Customer)?

KYC regulations require us to collect and verify details about all payout recipients.
These requirements are standard financial procedures designed to prevent fraud and ensure compliance with international regulations.

Information Stripe may collect includes:

  • The individual creating the Stripe account

  • The business is linked to the account

  • The individuals who ultimately own or control the business

LuggageHero does not store or have access to this sensitive information. It is handled securely by Stripe.


Summary

  • Add your payout method under Dashboard → Payout Methods → Add Payout Method.

  • Stripe handles verification (KYC) to comply with financial regulations.

  • LuggageHero never stores personal banking data.

  • Funds typically arrive within 5–10 business days of processing.

Setting up your payout method ensures you’re ready to start earning from your LuggageHero bookings.

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