Note: Some banks will obscure or "mask" the last 4 digits of your bank account when added to Wingspan. That might mean after adding a payout method instead of seeing the expected last 4 of your bank account you see a different number. This is a security practice by your bank and not a bug.
Adding a Payout Method
To add your first payout method, navigate to Settings in the left-hand panel and select Payout & Payment Methods, then click the Add payout method or manage payout method button:
In the popup window, select whether you want to be paid via Standard payout (free) or through Instant payout, which deducts a fee from the payment. (Read more about instant payouts here.) Then click Continue:
Please note that Wingspan Wallet and Instant payout are only available to contractors within the US.
Next, choose a payout method and click Continue.
For instant payouts:Connect a debit card: receive payments by connecting an eligible US-based debit card.
Set up direct deposit with Plaid: securely connect your bank account through our trusted partner, Plaid.
Set up direct deposit manually: manually enter your routing and account numbers.
For a bank account:
You'll either link with plaid or set up your account manually:
Follow the prompts to enter your card or account details.
The Wingspan debit card should not be used for instant payouts. Instead, default the Wingspan Wallet directly.
Updating Payout Methods
To update your default payout method, navigate to Settings in the left-hand panel and select Payout & Payment Methods. Then click the manage payout method button:
You can click Add new payout method and follow the prompts to connect a new account or card. You can also change your default payout method by clicking the Set as default button on the right. To delete a payout method, click the trash can icon next to that specific account:
Change Your Default Payout Method
To update your default payout method, navigate to Settings in the left-hand panel and select Payout & Payment Methods. Then click the manage payout method button
Click "Default" next to the existing payout method you'd like to choose as your new default.
International Payout Methods
If you are located outside of the U.S., you will need to select either an international (non-U.S.) based account or a U.S. based account:
Non-US Based Account
Wingspan will convert all deposits into your chosen local currency and deposit it into your bank account.
Depending on your selected country and currency, you may be asked to provide additional information alongside your account number:
Canadian Accounts
When adding a Canadian bank account, you'll have the option to set this account as your instant payout method by checking the box that appears under the "Instant payouts" header.
US Based Account
Wingspan will keep your deposits in USD and deposit it into your US based account.
Payout Splits
You can also split your payouts between your bank account, your Wingspan Wallet, and your Tax Withholdings account. By default, your standard payout method will receive 100% of your payouts.
To adjust how your payout is split, visit either your Wingspan Wallet dashboard or your Tax Withholdings dashboard and click the pencil icon next to the account you would like to adjust. You'll be taken to the account, where you can change the deposit percentage:
For questions about updating your payout method, please contact our Support Team.