Set up payouts (Stripe Connect)
This is chapter 4 of the Device Owner track. By the end you'll have a verified Stripe Connect account linked to Zyra, so your earnings can actually reach your bank.
Time: about 15 minutes (most of it Stripe's identity verification). Prerequisites: You've installed and paired the agent (chapter 3). You have a government ID and a bank account or supported debit card.
Why payout setup matters
Zyra doesn't hold your money. Earnings settle into a Stripe Connect Express account in your name. If you skip this step, your dashboard will accumulate "pending earnings" but nothing will land in your bank. You can earn for a while without setting it up, but you can't withdraw.
We use Stripe Connect specifically because:
- Stripe handles KYC (Know Your Customer) and AML (Anti-Money Laundering) checks — we don't store your tax ID or bank credentials.
- Stripe handles tax-form generation: 1099-K in the US, DAC7 in the EU, and equivalents elsewhere.
- Stripe handles cross-currency payouts at their standard FX rate.
Where to find it
In your dashboard, go to Settings → Payouts → Connect your bank. You'll be redirected to Stripe's hosted onboarding flow on connect.stripe.com. When you finish, Stripe redirects you back to Zyra.
What Stripe asks for
The exact form depends on your country, but expect to provide:
- Legal name as it appears on your government ID
- Date of birth
- Home address (proof of address may be required for some countries)
- Government ID (passport, driver's licence, or national ID) — Stripe will ask you to upload a photo of both sides, plus a selfie for liveness check
- Tax identification number — SSN/ITIN in the US, NIN in the UK, equivalent elsewhere
- Bank account (account + routing/sort code/IBAN) or a supported debit card
Stripe verifies most of this in real time. If something can't be auto-verified, Stripe will email you with a request for additional documentation; you can resume later from the same dashboard page.
Why all that?
Two reasons: fraud prevention (you must be a real person, not a money-laundering shell) and tax reporting. Two thresholds you should know about:
- United States — IRS 1099-K. If you earn $20,000+ in gross payments in a calendar year (or hit lower state thresholds), Stripe issues a 1099-K to you and reports it to the IRS. You declare the income on your tax return.
- European Union — DAC7. If you earn €2,000+ or complete 30+ transactions in a calendar year, Stripe reports your earnings to your country's tax authority under the EU's digital-platform reporting rules.
- United Kingdom — equivalent rules from January 2024; thresholds and forms broadly mirror DAC7.
Other jurisdictions have their own thresholds. Stripe handles the paperwork; you just need to declare the income.
Payout schedule
After your Connect account is verified, payouts default to monthly, paid on the 1st of each month for the previous month's earnings. You can change this to weekly under Settings → Payouts → Schedule.
There's a 7-day rolling reserve (Stripe standard for new Connect Express accounts). What this means in practice: earnings from day 1 become "available" on day 8, then get paid out on the next scheduled date. After a few payout cycles with no chargebacks or disputes, the rolling reserve may be reduced.
Once Stripe initiates a payout, money typically lands in your bank in 2-5 business days depending on your bank's processing speed.
Currency
You're paid in your local currency at Stripe's daily exchange rate (Zyra's marketplace prices jobs in USD-equivalent). The exchange rate and Stripe's FX fee are shown on every payout statement so you can reconcile.
What's next
5. Tour your device-owner dashboard →
A future chapter in Stage 4 covers reading your tax documents end-to-end.
Last reviewed: 2026-05-21