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Payment Eligibility Requirements

Understand the default payment eligibility for contractors

Updated over 3 weeks ago

Default Payment Eligibility

Velocity Global Contractor Management allows you to easily make payments to your contractors. In order to receive a payment via VGCM, all contractors must complete these default requirements:

  • Input their W9 / Personal Information (which is used for necessary identity verification and issuing 1099s)

  • Successfully complete our identity verification process

  • Select a payout method to receive funds from you

Custom Requirements

Optionally, you may choose to add additional custom requirements that must be fulfilled before a contractor is eligible to receive payments.
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See this article for more about custom eligibility requirements through engagements.

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