On Mon, Nov 18, 2019 at 08:25 PM, rogercolwell wrote:
In my case, having opened an account with Stripe and giving it the Account Name of [MyGroupName], the Legal Business Name of [MyGroupName], along with the Statement Descriptor of [MyGroupName Donations] and associated my website as: /g/[MyGroupName], as well as other personal info, I then had to attach/add a bank account and set up a Direct Debit.
What was then necessary was to add a Bank Account and set a Payment Schedule under Settings > Payments and Payouts > Bank accounts and scheduling. Adding the bank account requires you to set up a Direct Debit arrangement (to receive payments) and then a Payout schedule. You can select an Automatic Daily, Weekly or Monthly schedule, or a Manual schedule.
Thanks for the details about what to put in the Account Name, Legal Business Name, etc. That is especially useful.
I have updated the page of the wiki for future reference.?
/g/GroupManagersForum/wiki/DonationsIn case people haven't used the wiki, there is a handy search box at the top. Just in case you don't see your query in the table of contents.
Frances
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