You can use Stripe to accept credit and debit card payments. The set of card brands you can accept depends on where you're located: United States businesses can accept Visa, MasterCard, American Express, JCB, Discover, and Diners Club.
Whatever you choose! You'll set how your business name appears on statements when you activate your Stripe merchant account. This greatly reduces charge-backs, where people forget they have ordered/purchased something and when they see a strange name on their credit card bill, refuse payment. Now, people will see the name you choose and recognize their purchase.
Yes. As an organizer, one can specify a ‘deposit’ amount. As a registrant, one can then choose to pay the full amount (default), or only pay the minimum amount. If one pays the minimum amount, the financial reports will indicate an “Amount Due” for that order. In addition, as a registrant, one can click on the link provided in my confirmation email and pay the remaining balance. See image for an example. The below shows a $40 deposit permitted on a $90 order.
Yes, When they send you their credit card info, they are authorizing you to make a payment with it. But it’s always best for the customer to enter the credit card information securely online when they register. This ensures the best security for all parties and makes use of all the features signupforms has to save both the organizer and the registrant time.
There is a slight variation of information depending on whether you are an Individual / Sole Propriotorship or a Corporation. The information for an Individual / Sole Propriotorship includes a couple questions on your products / services which you offer and your “business”
The “business” is loosely defined as you may have a one time event or activity where you put on a class and/or selling a product. If you have an ongoing business, select between “Corporation”, Non profit”, “Partnership” or “LLC”. “Your website” doesn’t need to be a website that you own the domain to. It can be a related site. For example, if you are collecting money from your softball team for league fees and t-shirts, you may enter your softball leagues website which your softball team plays on. The EIN is optional for the “Individual” category.
Next enter your name, date of birth and the last 4 digits of your SSN to verify your identity. The credit card information included is the information which you want to appear on a person’s credit card statement. To ensure that your customers recognize the charge, you should choose a name that customers most closely associate with you. This might not be your official corporate name or your website domain, but rather the product for which you are known may be a good choice. Also see faq_card_statements for related information.
Finally, enter your bank account information and Stripe account information. When you select “Authorize access to this account”, you’re done! and will be redirected back to signupforms.com.
A merchant account is a type of bank account that allows businesses to accept payments by payment cards, typically debit or credit cards. With a merchant account you can now have funds go directly to your bank account (either your business or personal bank account). This means that neither Stripe* nor Sign Up Forms holds your money, but it goes to you! You don't need to request your funds to be transfered to your account, just watch it flow in on a daily basis.
*Stripe does hold your funds for 7 days before they are released on a daily basis to your account.
With any credit card transactions there is a processing fee. When you swipe your card at a store the store incurs a fee and they pass that onto the customer by increasing the price of their products. The same is true when your customer uses their credit card to register for your event, the credit card company charges a fee. Stripe works with the credit card companies to negotiate the best rates, to make sure cards being used are valid, and to take care of all the behind the scenes work so you can safely, securely, and easily collect payments for your event.
If there is a discrepancy between the Registration cost and the Received cost, it may be because an expense was entered manually. With Sign Up Forms, one can enter a payment in manually (from the back-end) which will count as a Registration cost but not as a Received cost.
You can monitor transactions and payments into your bank account by logging into your Stripe account at stripe.com. You will need the email you used and the password you created when you set up your Stripe account.
The best way to do this is to have one ticket and to set the ticket item to have a $0 deposit. Then, a person can pay part or all of their ticket with credit card at time of purchase, and pay the remaining amount before the event with credit card or at the event with cash or check. To enable this, select the edit icon for the pricing option. Set "Allow Deposit" to $0.
An alternative is to setup two ticket items: one with a charge and one as "Free" and in the description state that the "Free" ticket means that you register for free but need to pay at the door with check or cash. Conversely, if you select the paid registration, then you not only registered but also pre-paid with credit card.
The fees for using a credit card are in 2 parts: 1) The credit card fees (2.9%+$.30) 2) Signup Forms processing fees which are $1 + 1% per ticket, but, merchandise has only a 1% fee (not the $1).
If you setup your entire registration as Merchandise, one can avoid this $1 fee but some of the functionality is lost as well. Signup Forms is designed to have a Ticket for each person registering and Merchandise for any item desired at the time of registration.
We know these pages don’t cover it all, and we’re eager to help answer your questions. Please contact us.