How Do I Accept Online Payments With Stripe?

• Details
• Set Up
• Enable Stripe on Invoices
• FAQs

Details

• Availability - For international businesses
• Transaction Fee - See Stripe’s list of transaction fees
• Setup - Quick to create an account, no setup, monthly or cancellation fees
• Processing / Payout Schedule - Payments are processed and settled depending on whether it’s your first payout or not, and your business’ location
• Statement Descriptor - Your clients will see "business_name" on their statements, to customize this, see Stripe's details here
• Chargebacks - See Stripe’s disputes and fraud process here

Set Up Stripe

1. Ensure you have a Country selected in your Business settings first
2. Click on the gear icon in the top left corner
3. Then click on Online Payments Settings
4. Next, click on Connect with Stripe
   
   
5. In the new window, enter your Email and click Next
   
   
6. If you have an existing Stripe account, enter your Password to log into it
   1. Then choose the account you'd like to connect to FreshBooks and click Connect
   2. Or click on Create a new account instead to make a new Stripe account
7. Otherwise, create a new Password to set up a new Stripe account and click Next
8. Enter your business details, payout details and support information as needed
9. Review your Stripe account details and click Submit to finish your setup, you'll be taken back to FreshBooks.

• You can also set up your Stripe account while making a new Invoice by clicking on Connect under Accept Online Payments

Enable Stripe on Invoices

1. When creating an Invoice, click on the Accept Online Payments option in the Settings panel to the right of the invoice
   
   
2. Check off the box(es) next to Accept Credit Cards and/or Accept ACH Bank Transfer (available for US businesses and clients only). If both are checked off, your Clients can pay by either Credit Card or Bank Transfer on this Invoice. If only one is checked off, your Clients can only pay by the selected option
   
   
3. If you want your Clients to be able to pay the Invoice partially (even with Bank Transfers or Payment Schedules enabled as well), check off Allow Clients to make partial online payments for this Invoice
   
   
4. Click Done to finish applying the payment settings and continue editing the rest of your Invoice.

• Stripe has a $6000 USD limit on Bank Transfers (ACH) for new accounts
• To see what the experience looks like for your Clients when paying by Stripe, go here (or Apple Pay here)

FAQs