Create your account

•  Visit https://stripe.com/ to create and set up your account. Just follow the “start now” dialogue on the home page or, contact sales if you wish.

Set up your account

• Log into your account
• From Homepage, click “Activate Payments” button. From here, you will need to pertinent details about the business like:
  • Business Info: Contact, Address, Phone, Email, EIN
  • Owner/Decision Maker Personal Info: Contact, Address, Phone, Email, SSN
• Developers > Webhooks – Torque Media will provide the URL to add in there
• Click the cog in the top right corner of the page. In Business Settings, click the link and fill out all details for:
  • Account details
  • Business details
  • External payout accounts and scheduling
  • Tax details
  • Branding 

Set everything “live”

• Send to Torque Media:
  • In one email with no subject or text, include your “Publishable Key” (found on the home page)
  • In a separate email with no subject or text include your “Secret Key”
  • In a separate email with no subject or text include your “Webhook secret”
  • We will know what to do with these and will finalize the set up on your website.
• Torque Media will confirm once complete. 

From here we will do some testing and training.

• Turn on “Testing” for the payment processor
  • Begin adding products to your cart.
  • Confirm shipping calculates as expected.
  • Confirm taxes calculates as expected.
  • What is missing from this process?
  • Confirm you like your receipt and that it includes everything it should.
• Create your first purchase to initiate the bank transfers.
  • Reduce a product to $1 and complete a check out.
    
    • Check your bank statement to see how your charge looks. It should show your business name.
    • Make sure you receive that payment in your account (first charge takes 7 days to process).

Customer Responsibility:

At this point your account should be “ready to go” but, I like to make absolutely sure by walking through it with a representative first. Contact Stripe to confirm the set up of your account and have a conversation about how to prevent fraud on your account:

• Contact Stripe Support:  https://support.stripe.com/questions/contact-stripe-support
  
  • Use 3rd option “Request a Phone Call”
  • Select “other” (The purpose of your call is to confirm your account is set up correctly, to learn about the services, and confirm you have covered your based regarding fraud)
  • Let them know:
    
    • I am new to accepting payments online through my website.
    • I’m calling to ensure that my account is set up properly before setting it live.
    • I’m worried about online fraud, and how it could affect my business.
    • What steps do I need to take to protect myself and my business against fraud?
  • Important items to cover in this conversation:
    
    • Make sure that when your client reviews their bank statement, that your business name will appear on it. Otherwise, they may not recognize the charge and may contest the charge.
    • Also worth asking if this interests you:
      
      • Learn how to send an invoice from Stripe to a Client
      • Learn how to share a payment Link with a Client
      • You can learn a lot more through the documentation on the link provided above too.

If you wish – you can learn about these items too

• Stipe will also allow you to send a bill to someone which they click to pay online.