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:

1. Go to Stripe Settings

2. Click Verify Account.

   

   You will be directed to a site wherein you can answer the following information:

   • Type of entity
   • Personal details
   • Business details
   • Verification details

3. Click Submit to verify your account. After this, you will be directed back to the admin portal.

4. 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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5. After setting up your bank account information, click Save.

6. Set up your payout schedule by determining whether your payout frequency would be on a daily, weekly, or monthly basis.

7. If you chose a weekly or monthly basis, set your desired payout day.

8. Click Update Schedule