Payments & Earnings
How coach payments and payouts work on Coachive
Payments & Earnings
Understand how you get paid for your coaching sessions on Coachive.
How Payments Work
When You Earn
You earn money when:
- A client completes a paid session
- Sessions are automatically marked complete when the scheduled time passes
Platform Fee
Coachive charges a platform fee on each transaction:
- 15% platform fee on session earnings
- Fee covers: payment processing, platform maintenance, client acquisition
Example: $100 session = $85 to you, $15 platform fee
Setting Up Payouts
Connect Your Bank
To receive payouts:
- Go to Settings > Payments
- Click Set Up Payouts
- You'll be redirected to Stripe
- Enter your bank account details
- Verify your identity (required by law)
Payout Methods
We use Stripe for payouts, supporting:
- Direct bank deposit (ACH)
- Wire transfer (international)
Verification
Stripe requires identity verification:
- Government ID
- Address verification
- Sometimes additional documentation
This is required by financial regulations and protects everyone.
Payout Schedule
Automatic Payouts
Payouts are processed automatically:
- Weekly (default): Every Monday for previous week's earnings
- Monthly: First of each month for previous month
Minimum Payout
No minimum - you'll receive payouts even for small amounts.
Payout Timing
After payout is initiated:
- US bank accounts: 2-3 business days
- International: 3-7 business days
Viewing Earnings
Earnings Dashboard
Go to Coach Dashboard > Earnings to see:
- Total earnings (all time)
- Current balance (pending payout)
- Recent transactions
- Payout history
Transaction Details
Each transaction shows:
- Client name
- Session date
- Session type and duration
- Gross amount
- Platform fee
- Net earnings
Exporting Data
Download your earnings data for:
- Tax purposes
- Personal records
- Accounting
Click Export in the earnings dashboard.
Tax Information
Your Responsibility
As a coach on Coachive, you're an independent contractor. This means:
- You're responsible for your own taxes
- We don't withhold taxes from payouts
- You may receive a 1099 form (US) if earnings exceed $600/year
1099 Forms (US)
If you earn $600+ in a calendar year, you'll receive a 1099-K from Stripe in January.
International Coaches
Tax requirements vary by country. Consult a local tax professional.
Keep records of all your Coachive earnings for tax purposes. The earnings dashboard and exports help with this.
Pricing Strategy
Setting Your Rate
Consider:
- Your experience and credentials
- Market rates for your specialty
- Your target clients' budgets
- Time spent on session prep
Adjusting Rates
You can change your rate anytime:
- Go to Coach Profile > Edit
- Update your hourly rate
- Save changes
Existing bookings keep the original price; new bookings use the new rate.
Packages (Coming Soon)
We're working on package pricing so you can offer:
- Discounted session bundles
- Monthly coaching plans
- Custom packages
FAQ
When do I get paid?
Payouts are processed weekly (Mondays) or monthly (1st of month), depending on your settings.
What if a client disputes a charge?
Contact support immediately. We'll investigate and help resolve disputes.
Can I offer discounts?
Currently, set your lowest acceptable rate. Custom packages with discounts are coming soon.
What happens if a session is cancelled?
If cancelled according to your policy, you may still receive payment for late cancellations.