Payouts

Stripe Account Help Guide

19min

Setting Up Your Stripe Account

New vendors will receive Stripe setup instructions during the final onboarding process. If you have not received a signup link by your first payout date, email [email protected] with the subject line "Requesting Stripe Link."



Accessing Your Stripe Account

You can log in to your Stripe account at https://express.stripe.com/.

  • Username: Your registered email address
  • Password: Created during setup


Updating Your Banking Details

To update the bank account linked to your payouts:

  1. Click the menu icon (top right) and select Shop Makers.
  2. Under Payout Details, click the Edit button next to your bank account.
  3. Enter your updated Transit Number, Institution Number, and Bank Account Number. Important: Avoid clicking the "Delete" button, as this may lock your account. Use the "Edit" button instead.


Accessing Your Payout Details

To view detailed payout information:

  1. Go to the Payouts tab.
  2. Review your transactions, including dates, amounts, and fees.


Reconciling Your Sales Payout

Ensure your sales payouts align with your transactions:

  1. Review Your Payout Summary Email
    • Check your payout email for a breakdown of the transfer amount and sales period.
  2. Match with MVPOS Transactions
    • Compare the payout details with your MVPOS transaction history for the same period.
  3. Report Discrepancies


Troubleshooting Payout Issues

  • Funds Not Transferring:
    • Ensure a bank account (not a debit/credit card) is linked.
    • Remove any secondary accounts under Payout Details in your Stripe dashboard.
  • Verify Your Email Address:
    • Confirm your email is verified and active to complete setup.
  • Check Account Status:
    • Log into your dashboard to resolve any pending notifications or incomplete details.


Business Verification for Stripe

Stripe requires business verification. Follow these steps:

Step 1: Provide Business Details

  • Business Name: Enter your full legal business name.
  • Business Type: Select the correct type (e.g., sole proprietorship).
  • Address: Use your registered business address.
  • Tax Details: Provide your tax number (e.g., GST/HST for Canadian businesses) or indicate you’re not registered.

Step 2: Upload Documents

  • Identity Verification: Upload a government-issued ID (e.g., passport).
  • Business Verification: Provide a business document (e.g., articles of incorporation, tax registration).
  • Address Verification: Upload proof of address (e.g., utility bill).

Tips:

  • Ensure all documents are clear and legible.
  • Use consistent business information across documents.


Stripe Identity Verification

You can verify your account in two ways:

Option 1: Liveness Verification

  • Complete a quick selfie check via the Stripe Dashboard.

Option 2: Document Upload

  • Upload:
    1. A government-issued ID for identity verification.
    2. A separate document (e.g., utility bill) for address verification. Important: Do not use the same document for both identity and address verification.


Document Upload Troubleshooting

If you encounter issues uploading documents:

  • Restart your browser (Google Chrome recommended).
  • Clear your browser cache or try a different browser.
  • Use a desktop computer instead of a mobile device.
  • Upload alternative documents if possible.


Common Questions

  • I received an email from Stripe asking for more information. What should I do?
    • Log in to your account and provide the requested details.
  • I don’t have a website. What should I provide?
    • Use your social media handle or the Makers website as an alternative.
  • I don’t have a customer service phone number. What should I enter?
    • Use a placeholder like 000-000-0000.
  • Do I need a new Stripe account for Makers?
    • No, log into your existing account and add your details under the Shop Makers profile.


Contacting Stripe Support

For ongoing issues:

  • Use the Support function in your Stripe account.
  • Access Stripe’s live chat and help articles here.