With the change of tool for managing fund transfers, PrestaShop has opted for a more secure and automated solution in partnership with Stripe. This transition offers many key benefits. It is essential for all our partners to undertake this transition quickly to benefit from the advantages offered by this new system, and to be compliant with European legislation.
Benefits
Enhanced security: guarantee of a secure transfer of your funds.
Complete automation: automatic generation and processing of your invoices.
Optimized payments: monthly payment of your commissions.
If you are a partner not domiciled in Europe, you must still use Stripe to receive payments on our marketplace, for this, you must have:
A bank account in Europe
Having a bank account in Europe is mandatory to facilitate the reception of payments via Stripe. If you do not have a bank account in Europe, you can contact European banks to explore the possibilities of opening a bank account.
A legal entity in Europe
If you have a legal entity in Europe, you will be able to open a bank account for that entity. This will allow you to receive payments on our marketplace using your European Stripe account. In the long term, the use of Stripe will be mandatory for all sellers on our platform.
Have a mailbox in Europe
To open a bank account in Europe, it is necessary to have a postal address in a European country. You may want to consider renting a mailbox in Europe to meet this requirement and make it easier to open a bank account to receive payments via Stripe.
Using Stripe will be a long-term necessity for all partners on our marketplace. We encourage you to explore the options available to comply with this requirement and continue to receive payments seamlessly.
IMPORTANT
Please note that for the time being, it is not mandatory to use Stripe, and you can continue to use the old payment system by submitting an invoice.
FAQ
Is it mandatory to use Stripe on your marketplace?
Yes, in the long term, the use of Stripe will be mandatory for all sellers on our platform. This will ensure secure and transparent transactions for all users.
Can I use a payment partner instead of Stripe?
No, using Stripe is required to receive payments on our marketplace. We encourage you to explore your options to comply with this requirement.
How do I sign up for Stripe?
Please check this article.