What is STRIPE?
Favordrop utilizes the STRIPE payment process. Millions of companies of all sizes, from startups to Fortune 500s, use Stripe’s software and APIs to send payouts to their affiliated partners online.
Why did Favordrop send me a STRIPE link?
If you received a STRIPE onboarding link from Favordrop, then you are a Partner that will receive payouts ($) from Favordrop. Payouts are typically reimbursements for redeemed favordrop's (for details reference your favordrop agreement or ask your Favordrop Customer Success Manager).
STRIPE Onboarding Steps:
> Click the LINK that was sent to you by Favordrop.
> Enter a mobile number and email that you want associated with your STRIPE account
> Enter the 6-digit verification code that was sent to you mobile number.
> Enter your business website address.
> Select Type of Business and Business Structure that best describes your business.
> Verify your personal details (name, DOB and last 4 digits of SSN).
> Select the type of account that you would like the payouts deposited into a Bank Account or, Debit Card. Earnings that you receive on Stripe will be sent to this account. Link your account to seamlessly receive payouts.
> Enter in the Bank Account or Debit Card account details to compete the account setup process.
> Make sure to accept the STRIPE Terms and Conditions (check your email from STRIPE regarding this)
Congratulations! You will now be able to log into STRIPE and manage your account information and monitor your payout amounts.
For any further questions or assistance, we're just a click or an email away. You can reach out to us at support@favordrop.com or use the convenient chat bubble located at the bottom right corner of your screen. Our support team is standing by to help you, and to ensure you have a seamless experience with FavorDrop.