No: e-wallet verification is not required if your organization doesn't collect any online payments. That said, we still recommend it for any organization that might collect online payments down the road. It's free, takes just a few minutes, and only needs to be done once.
What happens if the e-wallet isn't verified?
Without e-wallet verification, your organization cannot collect online payments beyond 4 weeks. You also won't be able to withdraw any funds held in your e-wallet.
Why verify your e-wallet even if you're not using it today?
Once your e-wallet is verified, your organization is free to enable online payments at any time — no last-minute steps required if your needs change.
How do I verify my organization's e-wallet?
The full process is covered in the article Why and how to verify your e-wallet on Springly?
For a complete overview, see the complete online payment guide on Springly.
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