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How Billing And Payments Work

Last Updated: May 04, 2016 10:25AM CDT
For students JamKazam refers to your teachers through the JamClass marketplace, JamKazam handles billing of these students for lessons, either on a per lesson or per month basis, depending on which options your teachers offer, and which the student prefers. When JamKazam has billed and collected payment for a lesson or a month of lessons from a student for a lesson or lessons with one of your school's teachers, we immediately process a payment to your school for your school's share of that lesson payment. JamKazam processes these payments to your school through Stripe.

To understand Stripe and how it is used, please click here for a help article on how individual teachers set up and associate a Stripe account with their JamKazam account to be paid

We explain how to set up Stripe for your school in this help article on setting up your school on JamKazam. As a quick reminder, your school page of your account on JamKazam looks like the one pictured below.



To set up and associate a Stripe account with your school account on JamKazam, simply click the Connect With Stripe blue button and follow the on-screen instructions (or the more detailed instructions on the Stripe help article linked earlier in this help topic). If you have the routing number of your bank and the account number into which deposits are to be made, it should take just about two minutes to do this.

As JamKazam makes payments to your school for lessons taught by your instructors, these payments are processed to your Stripe account, which deposits these payments directly into your designated bank account. You can view the history and detail of these payments by clicking the Earnings tile at the top of your school account page (pictured below with arrow).



It is then your responsibility, per the JamKazam terms of service, to appropriately distribute your teachers' share of these payments based on the agreements in effect between your school and its teachers.

 
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