How do I setup a Stripe account?
We use Stripe because we believe their technology is like no other.
Summary of article:
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What is Stripe?
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How do I sign up for a Stripe Account (for teachers)?
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How do I fill in Stripe’s requested information?
What is Stripe?
Stripe is a technology company. Its software allows individuals and businesses to receive payments over the Internet. Stripe provides the technical, fraud prevention, and banking infrastructure required to operate on-line payment systems.
How do I sign up for a Stripe Account?
First, you’ll need a Classful account. If you don’t have a Classful account, please click here.
If you Do have a Classful account
Follow these steps to connect a Stripe account:
- Log in to your Classful account.
- Navigate to your Account Settings > Financial.
- Click Stripe Account.
- Fill in all information.
- Authorize Classful’s Access to send donated funds to you.
If you Do Not have a Classful account
First, you’ll need to sign up. Next, follow the steps above.
How do I fill in Stripe’s requested information?
Stripe requires all teachers to provide personal information regarding their stripe account.
Please follow the steps to setup a Stripe account:
Note: If you have a Classful account you can find these steps by clicking on Account Settings > Financial > Sign Up Instructions for Teachers.
- Business address: enter your “home address.”
- Type of business: choose “individual”
- Employer Identification Number (EIN): Input your “Social Security” number.
- Business website: you can skip or include your Classful URL.
- Business description: enter your profession or position at your school.
- You, the individual or sole proprietor: enter your First and Last name.
- Job title: enter your current position.
- Date of birth: enter your date of birth.
- Last 4 digits of Social Security number: enter the last 4 digits of your social security number.
- Home address: enter your home address.
- Statement descriptor: enter your full name.
- Customer support phone number: enter your phone number.
- Routing number: enter account number.
- Account number: enter account number.
- Confirm account number: re-enter your account number.
- Email: enter the email address you want to use to sign into Stripe.
- Password: add a password you want to use to sign into Stripe to manage your funds.
- Authorize access to this account: click to allow Classful to send funds to you.
Find all steps by clicking on Account Settings > Financial > Sign Up Instructions for Teachers.