Set-up Stripe Payouts
The article gives you important information about Stripe Payouts. Stripe Payout allows you to make payouts to your vendors via Bank Transfer (ACH) or card.
The Stripe Payout feature allows you to pay your vendors directly to their bank account (ACH Transfers) from within the PuppetVendors app.
Please note that Stripe Connect is currently not supported for merchants in Canada
Merchants should have Standard accounts and vendors should have an Express account
Follow the steps below to activate Payouts via Stripe Connect.
Create a new Stripe Account. Click Here To Signup For A Stripe Account. Simply log-in if you have an existing Stripe account.
Before activating Stripe Connect, please ensure that you are NOT on Test mode. Your view should be similar to the screenshot below.
Activate Stripe Connect by navigating to Connect and completing your business profile by click on the Start button you see on your screen or clicking on this link.
Upon completing your business profile, update your brand logo, colors and icons by going to settings -> Onboarding interface or click this link.
Once branding is complete, you will need to connect Puppet Vendors to your Stripe account by first fetching your Stripe account API key
Copy the live key.
The live key will look like - sk_live_xxxxx...
Stripe settings on Puppet Vendors and paste the key into the field. Click on Save and then clicking on Test Connection.
Test that Stripe Connect is indeed connected to PuppetVendors
Stripe Payout Fees: Stripe Payout fees will vary depending on what country you are based in and if you are doing cross-border transactions. These are Stripe fees, and Puppet Vendors does not control of this nor do we take any cut from this. Visit the Stripe Payouts pricing page to understand costs in your country. The pricing page automatically loads your country specific pricing.
- An error message shows if you have not been successful, otherwise a successful message pop-up will show.
- Make sure to have sufficient funds is in your Stripe account. Payouts are funded using your Stripe balance (click here to learn how you can add funds), so be sure to add enough to cover your payouts total
Helpful resources
- Check eligibility on where Stripe is geographically supported for the payouts feature. Click Here To Check Eligibility
Reach out to support@puppetvendors.com or live chat for any assistance.
The Stripe Payout feature allows you to pay your vendors directly to their bank account (ACH Transfers) from within the PuppetVendors app.
Please note that Stripe Connect is currently not supported for merchants in Canada
Merchants should have Standard accounts and vendors should have an Express account
Follow the steps below to activate Payouts via Stripe Connect.
Create a new Stripe Account. Click Here To Signup For A Stripe Account. Simply log-in if you have an existing Stripe account.
Before activating Stripe Connect, please ensure that you are NOT on Test mode. Your view should be similar to the screenshot below.
Activate Stripe Connect by navigating to Connect and completing your business profile by click on the Start button you see on your screen or clicking on this link.
Upon completing your business profile, update your brand logo, colors and icons by going to settings -> Onboarding interface or click this link.
Once branding is complete, you will need to connect Puppet Vendors to your Stripe account by first fetching your Stripe account API key
Copy the live key.
The live key will look like - sk_live_xxxxx...
Stripe settings on Puppet Vendors and paste the key into the field. Click on Save and then clicking on Test Connection.
Test that Stripe Connect is indeed connected to PuppetVendors
Stripe Payout Fees: Stripe Payout fees will vary depending on what country you are based in and if you are doing cross-border transactions. These are Stripe fees, and Puppet Vendors does not control of this nor do we take any cut from this. Visit the Stripe Payouts pricing page to understand costs in your country. The pricing page automatically loads your country specific pricing.
Useful information
- An error message shows if you have not been successful, otherwise a successful message pop-up will show.
- Make sure to have sufficient funds is in your Stripe account. Payouts are funded using your Stripe balance (click here to learn how you can add funds), so be sure to add enough to cover your payouts total
Helpful resources
- Check eligibility on where Stripe is geographically supported for the payouts feature. Click Here To Check Eligibility
Reach out to support@puppetvendors.com or live chat for any assistance.
Updated on: 18/09/2024
Thank you!