Stripe is an online payment processing platform which enables businesses to send and receive payments over the internet. Set up your stripe account for a secure billing process. To do that, follow these steps:
Go to Stripe Settings
Click Verify Account.
You will be directed to a site wherein you can answer the following information:
Click Submit to verify your account. After this, you will be directed back to the admin portal.
Go to Stripe Settings again and update your bank account information.
<aside> 💡 Notice that the "Payouts Enabled" setting is still disabled. You will be able to activate it after finishing this step.
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After setting up your bank account information, click Save.
Set up your payout schedule by determining whether your payout frequency would be on a daily, weekly, or monthly basis.
If you chose a weekly or monthly basis, set your desired payout day.
Click Update Schedule