# How to set up your payout method

To receive payouts on Palmstreet, seller accounts must complete identity verification and set up a valid payout method. This article provides a step-by-step overview of the verification process, how to add a payout method, and how to withdraw available balance once setup is complete.

### Steps to Complete Verification

Payouts will be enabled after both of the following steps are completed:

1. **Phone Number Verification:** Submit a valid phone number and complete SMS code verification.
2. **Stripe Identity Verification:** Complete identity verification through Stripe using one of the accepted documents:
   * Driver’s license
   * National ID card
   * Passport

<figure><img src="/files/HTQQdMqIpfy7u4hs1Js3" alt=""><figcaption></figcaption></figure>

### Steps to Set Up Payouts

Once verification is complete, follow these steps to add a payout method:

* Tap the **Set up payouts** button.
* Select a preferred method (PayPal, Venmo, or Stripe), then tap **Add**.
* Link the corresponding account for the selected method.

<figure><img src="/files/9Trv0xsUXUDsDKbbD4DW" alt=""><figcaption></figcaption></figure>

### Steps to Withdraw Balance

After a payout method is added, follow these steps to request a payout:

* Access the **Withdraw balance** button beneath the available balance, then tap the **Payout** button.
* Enter the desired payout amount and select select a payout method.
* Review and confirm payout details.

<figure><img src="/files/SxI1D3zqq1e6kVJbgogj" alt=""><figcaption></figcaption></figure>


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