Users pay with credit card through the app or website when they confirm a rental. Once the rental is complete, Spinlister will send your money (minus our 17.5% listing fee) via PayPal, Direct Deposit (US Only) or Debit Card (US Only). You'll be paid within a few days of the rentals.
Be sure to select your payout method under "Settings" so we know where to send the money. You can check your current Spinlister balance here as well.
To change your payment method, click "Settings" on the drop-down menu
Click "Account Balance and Payout", then choose your payout method
(iOS) Tap "Profile" then tap the settings cog in the top right corner to open up your settings page
(iOS) Tap "Payout method" to choose how you'd like to receive payments
(iOS) Choose if you would like to receive your payout through PayPal, Direct Deposit, or Debit Card
(Android) Tap "Profile" and tap the cog in the top right corner, then tap "Settings" to open your settings page
Tap "Payment method" to get to your payment method screen
Choose your payment method, fill in the required fields, and tap "Save" when you are done
Unfortunately, we do not allow cash payments on Spinlister - we need each renter's credit card information as collateral to protect our listers' assets in the event of damage or theft.
Accepting cash will void your $5,000 Spinlister Guarantee and will make it so your renter is not subject to our Spinlister Rental Agreement. It's possible that you would be liable for any injury that the renter sustains during their reservation because the Spinlister Rental Agreement is voided as soon as the Lister accepts cash for a rental. Also, since accepting cash is against our terms and conditions, we may be forced to shut down your Spinlister account.
Please feel free to email us if you have any questions about payment.