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How do I set up Stripe? (U.S. customers only)
How do I set up Stripe? (U.S. customers only)
Updated this week

Invoice Simple now gives you the ability to start accepting payments directly to your bank account using Stripe. Here's how to set up Stripe with Invoice Simple.

Setting up Stripe

Start by going to settings. You'll see a Stripe option in your Payments window

Hitting Set Up to begin the onboarding process. You'll have some information to review to start.

Hitting Continue to Stripe will prompt you to choose an email address for your Stripe account. Please bear in mind that you will need to set up a brand new Stripe account regardless of whether or not you have previously set one up.

Hitting Continue will prompt you to confirm your email address and choose a password.

After you have confirmed your email address and password, you will need to submit a mobile number - this is for security purposes.

A text message with a verification code will then be sent to your mobile number. You will then be prompted to enter the code.

Once the code is verified, you will be prompted to choose your business location and type.

You will then be prompted to enter some personal information about yourself.

Finally, you'll be asked to provide a few more details about your business.

Once your account information is entered, you will be prompted to enter all of your bank account routing information. Your Stripe account will then be submitted for review. The approval process is very quick and usual only takes a few minutes. Once approval is granted, you will be able to start collecting payments with Stripe.

Now that Stripe is set up and approval has been granted, you're ready to start accepting payments directly from your invoices. To learn more about about what your customers will experience when submitting payments with Stripe, click here.

Stripe charges a processing fee depending on the payment method your customers use with no hidden or additional fees. The fees for each payment method are as follows:

​Credit & Debit Cards: 3.49%

Bank Transfer (ACH): 1%, with a $15 fee cap

Digital Wallets (Apple Pay, Google Pay): 3.49%

Stripe Link (vaulting for cards & bank accounts): 3.49% or 1% with a $15 fee cap

It's also possible to have your clients cover your fees so you keep 100% of what you earn. To learn more about that feature, please view this article.

Additionally, Invoice Simple gives you the ability to schedule payments in advance with your clients, as well have them submit payment by scanning a QR code directly on your invoices. To learn more about how to schedule a payment, click here. To learn more about how to set up a payment QR code on your invoices, click here.

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