🧐 What is Stripe and How Does It Benefit You?
You may be wondering why you have to connect your Stripe account, well they are one of the best payment processors out there and provide a seamless experience for your customers since they don't need to create an account or do anything else. With Stripe you will allow your customers to make purchases on your storefront using credit and debit cards and the funds will be added to your bank account on a seven-day rolling basis.
Using Stripe you don't have to worry about paying high fees for something you are not using, instead, you only get charged when you get a payment. Stripe has no setup fees, no monthly fees, no card storage fees. For example, Stripe charges a fee of 1.4% + £0.20 per transaction for European bank cards. To know the fees for other countries, visit this link.
🔹Steps to Connect
1️⃣ Go to Settings and then click on Payment gateway.
2️⃣ Then click on Connect your account. You will be redirected to a Stripe page.
If you don't have an account, fill in the form, and then you will be able to connect it. If you already have a Stripe Account, click on "Already have a Stripe account? Sign in" in the top right corner.
⚠️ Important
Sometimes it appears as a Business website.
Important: If you get the message "404 (Not found)" when adding your website URL, you have two options:
You can enter the URL of any of your business’s social media accounts (Facebook, Instagram, etc.)
Or you can contact Stripe Support to validate your URL.
3️⃣ Enter your credentials and then click on Connect my Stripe account on the confirmation screen so you can link it to Fitune.
4️⃣ To confirm if your connection was successful, go to the Payment gateway page again. If it is successful, it will show a green checkmark with the text "Your Stripe account is connected."
If the blue button shows ''Connect account,'' the connection is unsuccessful. Please try again or reach out via our help chat.
🎥 Video Tutorial
⚠️ Importante
El cronograma de depósitos de Stripe depende de la configuración de tu cuenta y de tu región. Para cuentas nuevas, el primer pago puede tardar entre 7 y 10 días debido al proceso de verificación inicial. Después de eso, los pagos se realizan normalmente en un cronograma continuo, como diario o semanal, y una vez iniciados, tardan entre 1 y 3 días hábiles en llegar a tu cuenta bancaria. Puedes consultar tu cronograma de pagos específico en el panel de Stripe, en Balance > Payouts (Pagos).
❓ FAQs:
1️⃣ Do I need a registered business to use Stripe?
Not always. Requirements vary by country, but you’ll need to provide some basic business info.
2️⃣ Does Stripe accept international cards?
Yes, Stripe accepts payments from credit and debit cards worldwide.
3️⃣ Can I use Stripe as a freelancer or sole trader?
Yes, Stripe supports individual accounts for freelancers or sole traders.
4️⃣ How long does Stripe take to transfer money to my bank account?
Stripe transfers funds on a rolling 7-day basis by default, but you can set it to daily, weekly, or monthly.
5️⃣ What if my website URL isn’t accepted by Stripe?
You can add a social media link instead or contact Stripe Support to validate your URL.
6️⃣ Are there hidden fees when using Stripe?
No. Stripe has no setup, monthly, or storage fees. You only pay per transaction.
7️⃣ Can I update my bank account after connecting Stripe?
Yes, you can change your bank account details anytime through your Stripe dashboard.
Additional Stripe Resources:
📚 Bank account transfer setup : This will redirect you to your Stripe Account
(if you want your payments to be deposited: daily, weekly, or monthly)
If you have any other questions about Stripe, you can visit their documentation or contact their support team.