
Teamworks Wallet simplifies NIL payments with instant transfers, secure banking, and automated tax savings for student-athletes.
Vendor
Teamworks
Company Website




Digital Banking Built for Student-Athletes
Teamworks Wallet, a digital banking solution, provides student-athletes with a single account to receive, store, and spend their money.
One Destination for Payments From receiving payments to auto-saving for taxes, storing funds in high-yield interest accounts, and spending through Apple Wallet with their virtual debit card, it’s never been easier for student-athletes to receive, store, and spend their money. For athletic departments, Collectives, and other stakeholders, Wallet streamlines the NIL and rev share payment and reporting process for all parties involved. FDIC pass-through insurance secures funds, and our no-fee platform maximizes the student-athlete’s wallet share.
Features
- **Quick & No-Fee Payment Processing: **When a Wallet account holder, such as a Collective or athletic department, pays a student-athlete, the money is.
- **Receive Payments: **There are multiple ways to receive payments in Wallet.
- **Easy & Fast Application Process: **Student-athletes can quickly start using Wallet.
- **Spend with Ease: **Once the funds hit the Wallet, spending is simple.
- **Secure Spending: **Accounts are protected with pass-through FDIC insurance.