Stripe Overview

Stripe works like Paypal - it’s an online account where payments are sent to your nominated bank account daily, weekly monthly and on-demand.

You can use this to easily send payments to other Stripe account holders too and for purposes other than on Totally Locally.

<aside> ❗ Note: until you link Stripe with your account, a message will be shown when customers add your products to their basket (specifying that you haven't linked a payment method yet) so it’s best to do this step before adding any products to your shop.

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  1. From the left menu, select Store Settings > Billing

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  1. Click the Connect With Stripe button, you will now be sent to Stripe's payment connection page, you can either login if you already have an account or create one from here.

<aside> 👉 Stripe is a payment method made specifically for online businesses and is used by large companies such as Deliveroo, Booking.com and Xero Accounting.

Customers simply enter their business and bank details, then payments are sent to your Stripe account.

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  1. Fill in as much information as you can including your bank details, business and home address, mobile number etc, create a strong password for your new account and click Authorize Access To This Account at the bottom of the page.

  2. You will be sent confirmation texts to the mobile number (also used generally for 2-step login verification) to confirm that it’s correct and to guide you to logging in to https://dashboard.stripe.com/dashboard

  3. Payments from your orders will end up in this account that will be sent to your bank account.

You’re all done and should now be able to accept payments!

  1. From your Stripe dashboard you can set your Payout schedule to daily, weekly, monthly or manual. With each type, payouts take 7 days to arrive in your bank account.