Connecting your Stripe account to Wafeq
You can connect your Stripe account to Wafeq and start accepting payments from your customers directly to your Stripe account.
1. What's the benefit of connecting my Stripe account to Wafeq?
- When you are creating an invoice, you have the option to accept online payments from your customer through your Stripe account. This will generate a payment link that you can share with your customer.
- When you send an invoice to your customer, the email will include a link to pay the invoice online.
- You can sync your invoices, products, and statement. You only need to sync your data once and it will stay in sync in Wafeq.
2. How to connect your Stripe account
Before you proceed, be sure to already have a valid Stripe account, then follow these steps
1. In your Workspace drop-down menu, go to Account settings then click on Set up online payments.
2. Click on "Connect" next to the Stripe integration, and complete the connection process.
3. When you are returned to Wafeq, select the bank account where Stripe deposits the money.
The steps above complete the configuration, and you are ready to start accepting online payments.
You enable online payments on a per-invoice basis. To enable online payments for an invoice:
1. While editing an invoice, choose your Stripe account when you're filling out an invoice.
2. Send the invoice through Wafeq.
Your customer will receive an email with a Pay online button.
Once your customer clicks on the Pay online button, they will be redirected to the page where they can enter their credit card information and submit their payment.
In case you need to share that online payment link with your customer separately, you can retrieve it from your invoice payment form by clicking on Copy online payment link. The link will automatically be copied to your clipboard.
Once your customer pays the invoice, Wafeq will automatically record that payment and will mark the invoice as PAID through your Stripe account.
3. Processing fees
Wafeq does not charge any additional processing fees. Stripe will charge you its standard fees for accepting payments (typically 2.9% of the transaction value).