# Stripe Connect

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#### **Wallet to Stripe Connect**

* All gameweek rewards, card sale proceeds, and bonuses are **stored in your Peaxel Cash Wallet**.
* When you request a withdrawal, funds are sent to your **linked Stripe Connect Express account**, which acts as the payout channel.
* Cash is stored in **EUR and USD** and can be transferred to your **bank account (IBAN)**.

#### **Account Activation & KYC**

Before receiving payouts, managers must **activate their Stripe account**, completing the **Know Your Customer (KYC) verification**. This process includes:

1. Providing a **government-issued ID**
2. Verifying your personal and banking information
3. Ensuring compliance with **anti-money laundering (AML)** and **fraud prevention regulations**

Activation is mandatory for:

* Receiving payouts from your Peaxel wallet
* Selling or trading earned cards
* Unlocking full cash withdrawal functionality

#### **Withdrawal Process**

* Once activated, managers can request withdrawals at any time.
* Processing times depend on your country:
  * **Immediate transfers**: Available for supported countries
  * **Up to 48 hours**: Standard processing for other regions
* Withdrawals are sent directly to your **IBAN** via Stripe Connect Express.


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