Activating Stripe

This article is intended for the following people:

Insurers/Bankers Brokers/Distributors Sellers

For more information on roles on Plug, please see this article.

The Particeep Plug solution enables a payment service to be activated in order to automate the collection of funds linked to subscriptions :

  • Insurance premiums
  • Subscription fees
  • Commissions for intermediaries
  • Accounts in connection with the creation of bank accounts

Particeep therefore offers through Stripe collection on behalf of third parties. Stripe is approved by the ACPR

This allows you to allow customers to pay in one go or in installments by 

  • Bank card
  • Bank debit

Particeep Plug and Stripe how does it work?

  • Particeep validates the eligibility of the service in your country.
  • Particeep takes care of the creation of the account that wishes to collect the funds from Stripe. Several documents may be requested at this stage and several compliance related iterations may be performed. Our account manager will list the documents to be provided depending on your activity and the payment methods chosen.
  • Particeep then connects your Stripe account to your subscription path according to the chosen terms.
  • Particeep performs tests of your account to ensure the right distribution of flows according to your activity.

What are the benefits for you?

  • You have a white label payment solution and do not need to carry out any additional IT development
  • You have preferential pricing below the default pricing offered by Stripe
  • Your rate is bound to decrease with the volumes achieved
  • Particeep manages for you the collection of funds, the management of the account and is the privileged interlocutor with Stripe
  • You can at any time ask Particeep for an extract of your activity for audits

How to create your Stripe account

You can create your Stripe account from the moment your production accesses have been transmitted to you. All you need to do then is follow these steps: 

1
Login to your Particeep account.
2
Click on the icon on the right of your name at the bottom part of the side menu
3
Click on My payment account
4
Complete the Stripe account creation journey. At the end of this path you will be redirected to the Particeep interface and your Stripe account is created. The payment steps on your subscription paths now allow you to collect money by CB or SEPA direct debit

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