Learn about accepting parent payments, payment processing times, and more.
Here at Kinside, we believe that finding great child care should be easy. In addition, receiving tuition, waitlist fees, and deposits should be seamless. Kinside is making it easier than ever to get paid by the parents who love what you do. Below we've answered every question you may have about collecting your payments on Kinside.
What is Kinside?
Let's start from the beginning: Kinside is a nationwide child care marketplace, connecting top preschools and daycares with thousands of working parents from national and local employers. Create a free Kinside account to access parents who are looking for care now, as well as share up-to-date availability and touring details, manage your waitlist, collect waitlist and deposit fees, and more.
Can I trust Kinside?
At Kinside, trust is our top priority. This means guaranteeing secure payments. As a registered payment processor, Kinside uses best-in-class security tools and practices to maintain the highest levels of protection. Data is always encrypted.
How do I get started accepting payments?
Getting started on Kinside is quick and easy. If you haven’t already, create your Kinside account by going to Kinside.com/child-care-providers. To accept your first payment, just go to the Business tab, click the link "Add a new bank account", and enter your bank account information and business ID (empoyer identification number). Our system will instantly authenticate your account so that you are ready to accept payments.
Next navigate to the Payments tab. Here you can access your Payment URL, which you can easily share with families via text, email, and even printable QR code.
When you share your Payment link, families can click into a payment modal specific to your facility to send a payment. Families enter their name and email, the payment amount, and a category for the payment, so that you can easily classify all payments received. Categories include:
- Deposit/registration
- Tuition
- Other (with the option to fill in what this is for)
You'll get an email notification every time a new payment is sent.
In addition to sharing your link from your Payment page, we've also made it easily accessible to parents by adding a "Pay provider" button to your profile page.
How long does a payment take? When will I see my money?
In general, money usually takes 3-5 business days to arrive in your bank account from the time a parent sends it. This includes the time it takes to clear the bank account of the parent sending the payment. Remember, though, that all times are approximate and may be subject to delay based on bank processes.
In order to receive your funds in a timely manner, you need to have a Kinside account and you must connect your bank account. To set up your Kinside account and bank details, click here.
Do you automatically move parent payments to my bank account?
We know your time is valuable, so we’ve made sure you don’t have to manually hit a ‘Payout’ button over and over again. Once your bank account is verified, payouts will happen automatically.
Will there be fees?
Similar to all other online and credit payment services, we incur processing fees from Visa, MasterCard and banks. Our convenience fees cover the basics, so that we can keep serving our customers with the highest quality at the lowest rates possible.
We love clarity, so here’s the breakdown:
- For care providers: Providers pay a 2% fee for all payments processed by Kinside.
- For parents: Payments made via credit or debit card (including FSA debit cards) incur a 3% convenience fee, while payments received through bank deposit are fee-free for families!
Why do you need my bank account?
In order to send you payments, we must have a place to put them (i.e. your bank account). Parents have opted to pay you directly via Kinside and the best way to ensure you receive that money as quickly as possible is to connect your bank account. Once your bank account is connected and verified, you can opt in to receive future payments in your account automatically.
All of the information we collect when connecting your bank account is for identification purposes, helping to keep you and your business safe from fraud. Read more about U.S regulations about information collection regarding payments here.
If you are not familiar with online banking, please reach out to our concierge team at support@kinside.com for help.
Where and how do I connect my bank account?
Direct incoming payments to the bank account of your choice in the Payments section of your Kinside account. To add your bank account information:
- Log into your Kinside account.
- Click on the "Business" section on the left-hand menu
- Enter bank details (You'll be prompted to add your routing and account numbers.)
- Enter your employer identification number (EIN) - you will not be able to save until you add this information.
- You're all set!
Why do you need my license number, address, etc.?
Kinside partners with both center and home based providers to connect them with parents looking for child care. Providers must be licensed by their state (unless they are exempt), health and safety certified, and committed to exceptional care. To ensure the quality of care on our platform, we secure license and address details from each provider upon joining.
Does Kinside offer fraud protection?
Yes, we are proud to offer built-in fraud monitoring. Our automated systems monitor all payments to help prevent unauthorized or risky payments. When your parents pay using Kinside you can have peace of mind knowing their payments are safe and secure.
Where is my money?
If you have received an online payment in your Kinside account but have yet to receive it in your bank account, there are a few things to double check:
- Your bank details: confirm your bank details have been added correctly to your account.
- Timing of funds being transferred: review to see if the payment is within the normal timeframe (4-5 business days) and/or if the estimated deposit date has passed.
- Re-verification: you may need to re-verify your bank details – double check this in the Settings tab of your Kinside profile.
Can you send this to my bookkeeper?
Payments go directly to the bank account associated with your Kinside account. You may download and send pdfs of each payment you have received to your bookkeeper. These records will always be stored in your Kinside account. To access a downloadable report of your transactions on Kinside, navigate back to the Business section, then click "See payment history". This will take you to a Payments screen where you can filter by date.
Additionally, if you have a centralized accounting department, we can set them up as the designated owner of the payments account. Contact us to let us know your situation and we’ll work with you to make sure payments are easy.
What if I want to turn my payment link off?
Sometimes it doesn't make sense to accept payments from Kinside. Perhaps you are fully enrolled and already have a system for collecting materials fees or field trip funds. No problem! Navigate to your Payments page and click "Edit settings". Check the box and save.
If you change your mind, no problem! Just click "Activate" to opt back in.
What else can I use Kinside for?
This is a great question. Once you have created a login and password, you can update your profile with imagery, availability, touring details and more. Use Kinside to manage your waitlist and process enrollments, as well as collect just about any family payment you need.
Have any questions or need some help? Reach out to us through the in-platform chat, book a call with our team, or email us at support@kinside.com.