All host payouts are initiated via direct deposit shortly after bookings take place. Therefore, verification of your banking information and identity is required to get paid for your Peerspace bookings.
The minimum information needed to send payouts includes:
9 digit routing number
3-17 digit bank account number
Full name of authorized representative
Date of birth of authorized representative
Address of authorized representative
Entity type (individual or business)
SSN and/or EIN (depending on entity type)
The security of your information is of the utmost importance to us, which is why Peerspace has partnered with a top-certified PCI compliant payments provider, Stripe, to ensure your information is kept safe. Your banking and verification details are sent directly to Stripe and never stored by Peerspace.