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Supplier Guide: Sign up to be paid from Sellar Credit

Supplier Guide: Sign up to be paid from Sellar Credit

This guide is for Suppliers to help suppliers sign up for Ryft in order to receive Sellar Credit payouts.

Matt Henton avatar
Written by Matt Henton
Updated over 3 weeks ago

What is Ryft?

You will need to sign up for a Ryft Account to receive your payouts from Sellar Credit.

  • We have teamed up with Ryft to make your Sellar Credit payments directly to your bank account every week. As part of getting paid on time, every time.

  • Ryft is an innovative PSD2-compliant payments system, empowering embedded payments with seamless automated payouts.

  • Find out more about them here on their about us page.

Before you get started

Before you sign up with Ryft you will need to have a few pieces of information to hand including digital copies of key documents.

Who needs to complete the sign up?

The sign up process is in two steps, account creation and company verification.

We recommend a Company Director completes all the steps as their details and documents are needed to verify the business.

The Company Director does not need to be a Sellar user and their email address does not need to be used for the Ryft account. Simply share the link at the beginning of the sign-up process.

What documents are needed?

Ryft is looking for the following digital documents during sign up:

1 x Proof of Business Registration document

  • Articles of Incorporation

  • Business Registration

1 x Proof of ID for a Director or Ultimate Beneficial Owner

  • Drivers Licence (front and back)

  • National ID (front and back)

  • Passport

1 x Proof of Address for a Director or Ultimate Beneficial Owner

  • Bank Statement

  • Credit Card Statement

  • Official Government Letter

  • Property Tax Assessment

  • Tax Return

  • Utility Bill

These documents must be in .jpg, .jpeg, .png or .pdf format

πŸ’‘ You can find your Articles of Incorporation on the Companies House website:

  • Search for your limited company here

  • Click the Filing History tab

  • Find the latest set of articles

  • Select the View PDF option and download

Signing up

How do you complete the sign-up process to get ready to be paid from Sellar Credit?

Step one - Integrations

  1. Click your Company name in the top left of Sellar.

  2. Head to Integrations and scroll down to the payment section.

  3. Click the go to dashboard button next to Ryft to start your sign up.

Please note your company number will need to be in your business settings.

If you see the alert: Company number must be provided

You must edit your Business Details, scroll down to Business Entity Type, select the applicable answer, and type in your Company Number.

Step Two - Signup

  1. The first step is to sign up for a Ryft account. By doing this you can come back to complete your sign up at any point and, once finished, view your planned payouts:

    1. Enter the email address to be used to login to Ryft and receive notifications.

    2. Choose a memorable password based on the rules below the box.

    3. A verification code will be sent to the entered email. Copy and paste this back into Ryft to confirm your email.

    4. Enter all your business information and use next.

    5. Enter your registered business address and use join. The account is now created.

  2. Next, add your bank account information, this is where your Sellar Credit payment will be paid out to:

    1. Start with the account name and currency.

    2. Select from the dropdown the country the bank account is setup in.

    3. Enter the account number and sort code. Use add account to finish up.

  3. Start your verification process. You will need to now provide the digital documents to verify your business.

  4. First upload a proof of Business Document:

    1. Select the type of document you want to provide from the dropdown.

    2. Browse for and upload the document.

    3. Use next to finish this section.

  5. Next fill in the Director or Ultimate Beneficial Owner information:

    1. Complete the personal info second and use next.

    2. Complete the address section and submit.

  6. You will now need to provide identification:

    1. Select the type of document you want to provide from the dropdown.

    2. Browse for an upload the document (Some of these will require two files, one for the back and one for the front).

    3. Use next to finish this section.

  7. Now you will need to provide proof of address:

    1. Select the type of document you want to provide from the dropdown.

    2. Browse for and upload the document.

    3. Use next to finish this section.

  8. Assign (if applicable) yourself as the role of Ultimate Beneficial Owner or choose to add another person. If you do so you will need to complete and provide the information again as above for the second person.

  9. You are now complete. You are able to access your Ryft dashboard that shows upcoming and past payouts. Using the login details created in step 4.

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