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 this is not supported 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 clicking on Connect in the top menu after having logged in or created a new account
Click on the Get started with Connect button
Complete the listed task lists with the required tag
Completing your platform profile.
Follow the below answers when completing your platform profile
Upon submission, click on Connect to return to the Connect tasklist
Add business details to activate your account. Click on the Start now button and provide the information requested.
Go to connect settings, scroll down slightly to the Branding section and make sure that the Business name, Icon, Logo, Brand and Accent colors are selected and then click on Save branding changes.
Enable countries of vendors/sellers you will be onboarding by visiting the Stripe Account Settings page, click the country checkboxes (refer to screenshot below) of your vendors and then click on the save button.
You have connected Stripe to PuppetVendors
Test that Stripe Connect is indeed connected to PuppetVendors
- Visit PuppetVendors and click on the vendors menu
- Go into any individual vendor settings
- Scroll to the profile section and then click on the "Link Your Bank Account" button.
- An error message shows if you have not been successful, otherwise a new tab opens up asking for additional information. If a new tab opens, stop here. The set-up has been completed successfully.
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 suppoer@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 this is not supported 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 clicking on Connect in the top menu after having logged in or created a new account
Click on the Get started with Connect button
Complete the listed task lists with the required tag
Completing your platform profile.
Follow the below answers when completing your platform profile
Upon submission, click on Connect to return to the Connect tasklist
Add business details to activate your account. Click on the Start now button and provide the information requested.
Go to connect settings, scroll down slightly to the Branding section and make sure that the Business name, Icon, Logo, Brand and Accent colors are selected and then click on Save branding changes.
Enable countries of vendors/sellers you will be onboarding by visiting the Stripe Account Settings page, click the country checkboxes (refer to screenshot below) of your vendors and then click on the save button.
You have connected Stripe to PuppetVendors
Test that Stripe Connect is indeed connected to PuppetVendors
- Visit PuppetVendors and click on the vendors menu
- Go into any individual vendor settings
- Scroll to the profile section and then click on the "Link Your Bank Account" button.
- An error message shows if you have not been successful, otherwise a new tab opens up asking for additional information. If a new tab opens, stop here. The set-up has been completed successfully.
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 suppoer@puppetvendors.com or live chat for any assistance.
Updated on: 07/03/2024
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