Previously, school owners were required to set up custom payment gateways in order to receive faster payouts. Alternatively, if you wanted Teachable to take care of some administrative tasks for you, you'd have to setup the Monthly Payment Gateway.
Unfortunately, there was no way to have the benefits of both gateways.
That's why we're so excited to announce Teachable Payments and BackOffice.
Teachable Payments is our new native payment gateway for US & Canada schools that allow you to decide when to get your payouts for credit card transactions—be it daily, weekly, or monthly.
We also wanted to make selling your course as easy as we could—that's where BackOffice comes in.
Once enabled, BackOffice takes care of some of the logistical pains of selling your course for a 2% fee per transaction.
- Paying out Authors and Affiliates
- Filling out US tax forms
- Filing and remitting VAT
In the future, we're hoping to continually expand upon our suite of BackOffice services, so you can worry on the most important thing: creating your course.