Set up Stripe payments

This video will show you how to set up Your account to receive payments via Stripe

1. Contact your Brandscope Account Manager if you'd like to set up Stripe payments on your account. Your Account Manager will confirm when you're ready to go. You will need to connect Stripe to your Brandscope Account.
2. Profiles > Company Profiles > Payments Tab > Connect to Stripe 
3. You will be taken to the Stripe website. You can link an existing Stripe account by entering an email address that is associated with that Stripe account. If you are new to Stripe, enter a desired email address you wish to link to Stripe. 
4. Once you've finished setting up your Stripe account, you will be redirected to Brandscope, where you'll see the relevant data against your Brandscope Company Profile.
5. Log back into Stripe to set up tax rules (GST, VAT, etc.) that will be applied to retailers at checkout. 
6. On the Stripe interface select more > product catalog > Tax rates  > + New
7. 
8. Enter Type >  Region > Rate > select Exclusive (as this is B2B selling) > add description > add tax rate
9. Your tax rate has been created. You can add additional tax rates, if needed.
10. Head back to Brandscope & contact your Brandscope Account Manager, as they will need to enable a setting at brand level.
11. Setup > Brands > click on Brand > scroll down. "Enable Payments" and "Accept Stripe Payments" have both been enabled. Here, you'll also be able to add a "pay now" percentage that will be applied to a retailer's order, if they choose to pay with Stripe. Enter the desired percentage, click save.(This can also be overwritten on the brand settings tab: Setup > Account & Shipping Codes > Brand/Retailer Settings > Scroll right > Discount % page > Double click into field > update number > enter)
12.  You will need to select the payment option for a Quickfill order. Here you can select "submit" only, "pay now" only or both.  Click save once happy with your desired settings. 
13. Head to brand settings tab: Setup > Account & Shipping Codes > Brand/Retailer Settings > Scroll right > Tax Country > Double click into field > add the tax country and tax type, which was set up in Stripe earlier (e.g. GST, VAT).
14. You will now need to setup freight costs. Setup > Pricing > Postage Schemes > + Add New Postage Scheme
15. Select Brand > Enter a name >  Enter a description > Toggle "is active" on > enter start and end time, if desired > Save Postage Scheme 
16. You'll now need to add a postage rule to the postage scheme. To do this, select the scheme you have just created > +Add New Postage Rule > Select Currency > Select Rule Type > Select Measure > enter Minimum Value > enter optional maximum value > enter Amount > save Postage Scheme Rule. Repeat as desired for additional postage schemes.  In the above example, a $30 charge will be applied to any order under $500.
17. To view a postage scheme, click on the drop down arrow on the relevant postage scheme.
18. You will now need to assign retailers to the postage scheme. Click on the Assign Tab > select Brand > select Postage Scheme > select the relevant retailers > Assign.
19. Turn on the release setting: Setup > Releases > click on Release > click edit icon in top right hand corner > scroll down to Payment Settings > Select release payment options - submit only, pay now only or both pay now and submit > Click Save

Increasing the BECS transaction limit

For the “BECS Direct Debit in Australia” payment option there’s a default limit of $1,500 AUD per transaction and $4,500 AUD per week (read the official Stripe documentation here).
The reason for these default limits is that the BECS transaction method is a high trust method that doesn’t have many fraud controls.