How to Set Up Your Online Payment Method with Stripe Step by Step?

Ensuring a seamless and secure payment process is crucial for the success of your e-commerce business. At Hanooti.com, we have partnered with Stripe, a trusted payment processing platform, to handle online transactions. We highly recommend all our vendors to configure their Stripe account as soon as they set up their store on the Hanooti marketplace. Follow the steps below for a smooth setup process:

Step 1: Navigate to the vendor tab and select "Seller Info" from the drop-down menu.

Step 2: In the general tab, scroll to the bottom and click the "Connect with Stripe Standard" button to configure your Stripe account.

Step 3: When setting up your Stripe account, make sure to use a strong and secure password. A strong password should consist of at least 8 characters, including letters, numbers, and special characters.

Step 4: To enhance the security of your account and enable account recovery if needed, add your mobile number for two-factor authentication.

Step 5: Provide your basic business details, including:

• Business location
• Business Type: Individual/Sole establishment or LLC
• Indicate if your business is registered in a Free Zone.

Step 6: Provide more details about your business, such as:

• Legal business name as stated in your trade license
• Company registration number
• VAT number (if available)
• Business address
• Business landline or mobile number
• Business activity from the dropdown list
• Business website (if applicable)
• General product description

Step 7: The Stripe account should be created and configured by the business owner or manager. Personal details required include:

• Name and first name
• Email address
• Job title
• Nationality
• Date of birth
• Home address
• Phone number
• Personal identification number

Ensure the details provided are consistent and ready for verification. You will need to upload your National or resident ID for verification purposes.

Step 9: Add and confirm your bank account IBAN to receive payouts from your transactions.

Step 10: Add public details that will be shown to customers after payment, including:

• Statement descriptor
• Shortened descriptor
• Business customer support phone number

Step 11: Before submitting your application, carefully review all the details entered.

Once logged into your Stripe account, you may be required to verify your identity by uploading your National or resident ID and trade license.

By following these steps, you will be able to set up your payment method using Stripe on Hanooti.com, ensuring a secure and reliable payment experience for your customers. If you have any questions or need assistance during the setup process, please don't hesitate to reach out to our support team. Happy selling!