Setting up Bank account with Kapdec
Setting up your bank account information with Kapdec. This process will take less than 3 minutes.
Watch the video here,
It's crucial for teachers to complete this step because, without your banking details, you won’t receive payment for your tutoring services.
Rest assured! Your information is secure. Kapdec partners with Stripe, the world’s leading fintech provider, to handle all financial transactions.
Let’s get started!
Once you log in to your Kapdec Tutor Account, you'll be directed to your Dashboard.
You can set up your account from two places in your Dashboard:
First, from the Top Right Menu: Click on your "Profile Name" in the top right corner, then select "ACCOUNT."
Or, from the Left-Hand Side Menu: Scroll down to the "MY ACCOUNT" button and click it to set up your account.
Following from the Top Right Menu option.
On the next screen, scroll down to the Banking Details Section.
Click the “Add or Change your Banking Details” button.
A pop-up will appear. Click “CONTINUE.”
Please note that: The CONTINUE button might take just a few seconds to appear because a secure link is being generated. This link will remain valid only for a few minutes. If not used promptly, it will expire.
Clicking “CONTINUE” will take you to a secure portal for adding your banking information.
Secure Portal Steps:
Enter a VALID email address and click submit.
Create a new password (different from your Kapdec password) and follow the onscreen instructions.
Next, Set Up Additional Security:
Choose a “Two-Factor Authentication” method (e.g., Duo, or Microsoft Authenticator).
Alternatively, you can also use your phone number to receive a ONE-TIME security code.
For this demo, we will use a valid phone number and then we will enter the 6-digit OTP we just received.
Save the Emergency Back-Up Code securely on your computer.
Now, let us enter other basic information:
Select “Individual” from the drop-down menu and click Continue.
Fill in your personal information (full name, address, etc.) as instructed.
On the next screen, select “Other educational services.”
Lastly, add a brief description of your services or product.
The next page will prompt you to select a bank to add. If you don’t see your bank in the list, you can search for it by name. If it’s still not available, click on the “Enter Bank Details Manually” option.
- Click “Agree and Continue.”
- Enter your Bank Routing Number (for the US Personnel) or IFSC Code (for Tutors in India).
- Enter your Account Number and confirm it by re-entering it in the CONFIRM ACCOUNT field.
- You may see an option to “Save account with the Link.” This is optional. You can skip it by clicking “NOT NOW.”
- You are almost done
Review and Finalize
In our review we see that we missed entering a phone number in the personal profile section, so we will fix it now.
If you don’t want your phone number shown on invoices, disable this option using the toggle switch.
If everything is correct, click “CONTINUE” and then “Agree and Submit.”
You should see a success screen that says “Information Submitted.”
You will be directed back to the Kapdec Academy Page.
Refresh the page to see the confirmation on Kapdec.
In future, if you ever wish to update your banking details you can do it right from here.
Happy Tutoring!