Set up your payout method
Configure a bank account or payment provider so Tournament Suite can disburse prize money and registration fee revenue to your organization.
Payout setup is required before Tournament Suite can send any money to your organization — whether that is prize winnings or revenue from registration fees. You complete this once at the account level and it applies across all your projects.
Where to find it
Payout Setup — accessible from the main dashboard menu, or via Financials → Payouts → Setup inside any project.
Step by step
- Open Payout Setup from the dashboard or from a project's Financials section.
- Click Add payout method.
- Choose your payout method — bank transfer or a supported payment provider.
- Enter your banking or payment account details.
- Submit for verification. Verification typically takes 1–3 business days.
- If your organization's country requires it, you will be prompted to complete tax information (KYC/tax verification) and may need to upload supporting documents.
- Once verification is complete, your payout method status changes to Verified and disbursements can proceed.
Check your setup status
Navigate to Financials → Payouts → Setup status inside any project to see whether your payout method is pending verification, verified, or requires action.
What happens next
- With payout setup complete, you can approve prize disbursements from Prizes and payouts.
- To review all past disbursements and revenue, go to Financial overview.
Note: Disbursements cannot be initiated until your payout method is verified. If verification is taking longer than 3 business days, check the setup status page for any outstanding document requests.
Configure prize pools and disburse winnings
Set up how prize money is allocated across placements and initiate disbursements to participants after a tournament ends.
Hold prize funds in escrow
Escrow commits prize money to a protected account before a tournament starts, giving participants confidence that funds exist and will be paid out.