> For the complete documentation index, see [llms.txt](https://nexgen-software-services.gitbook.io/nexgen-pro-trader-funding/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nexgen-software-services.gitbook.io/nexgen-pro-trader-funding/funded-account-info/rise-paypal-kyc.md).

# RISE / PayPal / KYC

***

<div align="left"><figure><img src="/files/1pnYrWi726ipZdc8UEvT" alt="" width="188"><figcaption></figcaption></figure></div>

{% stepper %}
{% step %}

### <mark style="color:$warning;">Submit Your Payout Request</mark>

[Submit your payout request through the official Nexgen ProTrader Funding payout process.](https://nexgen-software-services.gitbook.io/nexgen-pro-trader-funding/funded-account-info/payouts-withdraws#how-to-request-a-payout-from-eligible-account-s)

***

{% endstep %}

{% step %}

### <mark style="color:$warning;">Receive Your Veriff Link</mark>

You will receive an official secure Veriff verification link from Nexgen ProTrader Funding.

***

{% endstep %}

{% step %}

### <mark style="color:$warning;">Complete Verification</mark>

Follow the instructions in the Veriff link and:

• Upload a valid government-issued ID\
• Complete the live selfie verification\
• Submit any requested information accurately

***

{% endstep %}
{% endstepper %}

***

<div align="left"><figure><img src="/files/QEqjMn4ZOUCs471kv6OB" alt="" width="188"><figcaption></figcaption></figure></div>

#### **PayPal & Rise Are The Only Available Payout Methods:**

A flat fee of $50 USD will be deducted for each payout requested via **Rise** to cover processing charges.

{% stepper %}
{% step %}

### <mark style="color:$warning;">Create Your Rise Account:</mark>

You will receive an official invitation link from Nexgen ProTrader Funding to create a new RISE account. Your email address for RISE must match the one on your Nexgen ProTrader Funding Account. If it does NOT, then you can make a NEW RISE account.\
\
If you already have an existing RISE account with another prop firm, that account, application, and contract are only valid for payments from that specific firm.\
\
You **cannot use another prop firm’s RISE application, contract, or payout setup** to receive payments from Nexgen ProTrader Funding.

***

**RISE Backup Account Invitation Issue**\
If a RISE user is using the same email address registered with **Nexgen ProTrader Funding** as a recovery email for another RISE account, we will be unable to send an invitation to create their payout account.&#x20;

To resolve this issue, the user must update the recovery email address on every RISE account where the Nexgen registration email is currently being used.

Please follow these steps in Rise:

**Profile > My Profile > Scroll to the bottom of the page**

Enter a new recovery email address, then authorize the change using your passkey or connected wallet. RISE will immediately send a confirmation email to the new recovery email address.

Once the new email address has been confirmed, the Nexgen ProTrader Funding payout invitation should be able to be sent successfully.

***

{% endstep %}

{% step %}

### <mark style="color:$warning;">Complete Verification:</mark>

Your Rise account must be fully verified before any payout can be processed. This may include identity verification, account confirmation, and any required compliance documentation. If KYC requirements are not met, the payout may be denied.

***

{% endstep %}
{% endstepper %}

***

<div align="left"><figure><img src="/files/hH8NL0ccT3mfw4wVw01A" alt="" width="188"><figcaption></figcaption></figure></div>

#### **PayPal & Rise Are The Only Available Payout Methods:**

All **PayPal** fees are the sole responsibility of the recipient. Any fees related to processing, receiving, or currency conversion are not covered or reimbursed.

**PayPal Payout Fee Examples (Based on a $1,000 Payout)**

|               Scenario              | Payout Amount |   Fee  | Trader Receives |
| :---------------------------------: | :-----------: | :----: | :-------------: |
|      USA → USA Goods & Services     |   $1,000.00   | $29.90 |   **$970.10**   |
| USA → India / Asia Goods & Services |   $1,000.00   | $44.90 |   **$955.10**   |

{% hint style="success" %}
*<mark style="color:yellow;">**Note:**</mark>* International payments generally include an additional 1.50% PayPal international transaction fee. Currency conversion fees may also apply if PayPal converts funds to another currency. PayPal fees may change. Please check [**their site for current rates**](https://www.paypal.com/us/digital-wallet/paypal-consumer-fees).
{% endhint %}

{% hint style="success" %}
If you elect to receive payouts through your LLC or company, this is permitted.

All payouts are processed via RISE. To complete the setup, you will need to submit the appropriate tax documentation:

* A W-9 form with your company’s EIN (for U.S.-based entities)\
  <https://www.irs.gov/pub/irs-pdf/fw9.pdf><br>
* A W-8BEN (individual) or W-8BEN-E (entity) for non-U.S. recipients\
  <https://www.irs.gov/pub/irs-pdf/fw8bene.pdf>

Ensure the form matches the legal structure that will receive the payout.
{% endhint %}

<figure><img src="/files/8sYb2wIaTy6koDdFptuh" alt=""><figcaption></figcaption></figure>

***


---

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