Step 1: Create a Stripe account (skip to step 2 if you have an existing Stripe account).
I use the Stripe payment platform to securely accept payments online and in person. Create an account so that funds collected will go directly into your bank account.
Preparing for Account Setup
Required Information:
Personal Details: Full legal name, email address, and mobile phone number.
Business Information: Business name, address, and website (if applicable).
Bank Account Details: Bank routing and account numbers to receive payouts.
Tax Information: Employer Identification Number (EIN) for businesses or Social Security Number (SSN) for individuals.
What to Expect:
Verification process: Email and phone number verification.
Understanding Stripe’s fees and terms of service.
Step-by-step Guide to create an account:
Visit https://stripe.com. There is a button labeled "Start Now," which allows you to create an account.
Creating Your Stripe Account
Enter Your Email Address: Provide a valid email address and click Continue.
Create a strong password for your account.
Verify Your Email: Check your email for a verification link from Stripe and click on it to confirm your account.
Setting Up Your Business Profile
Provide Business Details: Enter your business name, type (individual, sole proprietor, LLC, etc.), and business address.
Describe Your Business: Provide a brief description of your business activities. Select the appropriate industry and product category.
Enter Bank Account Information: Provide your bank account details where Stripe will deposit your payouts.
Verifying Your Identity
Personal Identification: Enter your full legal name, date of birth, and the last four digits of your SSN.
Confirm Your Business Information: Double-check that your business details are accurate.
Submit Verification Documents (if required): Upload any additional documents required by Stripe for identity verification.
Configuring Your Payment Settings
Customize Payment Options: Set up the types of payments you want to accept (credit/debit cards, ACH transfers, etc.).
Enable Payout Schedule: Choose how often you want to receive payouts (daily, weekly, monthly).
Set Up Additional Features: Enable features like recurring billing, fraud prevention, and more if needed.
Finalizing Your Account
Review and Confirm: Review all the information you’ve provided and confirm the setup.
Explore the Dashboard: Familiarize yourself with the Stripe dashboard, where you can manage transactions, view reports, and update settings.
Step 2: Add me as a Team Member
Adding me as a "team member" to your existing account enables me to create and manage payment links on your behalf, without accessing your sensitive financial information.
Steps to Add a Team Member:
From your Stripe dashboard
Navigate to Team Settings:
Go to Settings > Team and security > Team management.
Invite a Team Member:
Click on Invite team member and enter my email address.
Select the appropriate role (e.g., Developer).
I will need to accept the invitation and then we are good to go. You will be able to monitor your Stripe account, and I will be able to manage products available for sale on your behalf.
Let me know that you have setup your account.
Once I am established as a developer on your account, I will connect with you about which items you are interested in selling and the price.
Also, if you have experienced any difficulty, and would like my help, please let me know that too. We'll see what we can do to get things on track.