You can only instantly fund a Stripe Connect account if you are in the U.S.
You may be able to fund it using a bank card if you are outside of the U.S., but it may take up to 1 week for the funds to be released and usable in the Stripe account. Learn more about Stripe funding to see if it works for you.
You cannot use your Shopify Payments account with CollabPay. This is because it is locked, and you are not allowed access to it.
If you have a Stripe gateway using WooCommerce, you will be able to use the same account to connect to CollabPay.
This will use the funds inside of your Stripe account to pay your Collaborators.
CollabPay has two methods available to pay your Collaborators automatically:
Setting up Stripe and PayPal in CollabPay has nothing to do with your Shopify payment gateways (checkout methods) in your store. It’s completely separate and does not affect your store’s checkout gateway options.
Shopify users & Stripe account
If you are on Shopify, you will need to set up a new Stripe Connect account to enable Stripe payouts on CollabPay. This will allow Collaborators to link up to your Stripe Connect account and get paid easily.
WooCommerce users & Stripe account
If you are using WooCommerce, you can use the same Stripe account that you use for your payment gateway.
This new Stripe account can use funds from your bank account. It takes money from your bank and pays it to your Collaborators Stripe account.
Please note that Stripe is not available in all countries. Please visit Stripe’s country page to check if it is available for you.
Yes, you can set up both options on your account. The Collaborator will need to choose which one to be paid out with when they set up their account.
Simply set up your Stripe account.
This is a crucial step for Stripe to connect to CollabPay. If this is not set up, then your Collaborator will not be able to create a Stripe account linked to yours.
If you miss this while signing up to Stripe, you can find the branding settings by:
To complete setup for Stripe Connect you will also need to visit your dashboard to complete a questionnaire.
The store owner (you) must do the following before Collaborators are able to set up Stripe:
Once you have done the above, the Collaborator can follow these steps:
These are the fees that the store owner pays for sending money to the Collaborators.
Fees vary depending on what country you are based in and if you are doing cross-border transactions.
Please visit the Stripe Payouts pricing page to understand costs in your country.
This will only show if you have set up Stripe already. The only way to access the Stripe dashboard as a Collaborator is by logging in via your CollabPay account.
Learn how to set up Stripe as a collaborator to receive funds.
You can log into your Stripe account by finding your sign-up details when you signed up to Stripe and then going to stripe.com.
CollabPay Founder, lead developer and amateur bowler.