📌 If the Payments tab isn't visible in your navigation menu, ensure you've completed your Brand Deals profile details. For more guidance, visit this page.
1. Log in to your Foam account.
2. Go to Tools >> Payments:
3. You'll be prompted to set up a two-step verification – enter your mobile number and click Send code to request a verification code:
4. Input the code received through the message and click Submit. If you didn't receive the code via message, no worries – you'll get it through an automated call within the next 2 minutes:
5. Complete the Address page: First, select the payment type.
🎯 If the payment is going to your representing agency, please select "Company" in the Type field.
🎯 If the payment is going directly to the creator (you), please select "Individual".
Then, enter the contact email, phone number, name and mailing address of the recipient. Once completed, click Next.
**If the payment type is set to "Company", the name fields (First Name, Middle Name and Last Name) are optional.
6. Complete the Payment Method page: From the dropdown menu, select your preferred payment method and enter your banking details. The payment methods and currencies may differ depending on the country you selected on the Address page (Step 5). Once completed, click Next.
🎯 Make sure to check the "Name on Account" field 🎯
If the payment type is set to "Individual", the field will automatically include the name you entered in Step 5. No action is required on your side.
If the payment type is set to "Company", ensure to modify this field to match the company name added in Step 5.
7. Complete the Tax Forms page: The page will automatically detect your location and request the necessary tax information to comply with the local laws of that country/jurisdiction.
8. Complete the VAT information and click Next.
9. Voila! You should see a confirmation message on your screen:
📌 If you've requested a 2-step verification code but haven't received it, please contact our support team via hello@foam.io, and we'll assist you with the next steps.