Setting Up a Payment Account for Drafters & Engineers with Stripe

If you're a drafter or engineer, you want to get paid. That’s why setting up your Drafting Marketplace payment account through Stripe is one of the most important steps you’ll take when creating your profile.

To begin setting up your payment account, login to your Drafting Marketplace account. Once you’re logged in, click the Profile button on the navigation on the left-hand side of your screen. 

Once you’re on your profile page, scroll down to the third section titled “Payment Account.” From there, click the blue button that says “Create Account for Payment Account.” Once the button is clicked, a pop-up will show up on the screen.

Click the OK button on the bottom right and you’ll be taken to a secure page where you’ll set up your Stripe payment account. 

Setting Up Your Login

Here, you’ll have the option to use an existing Stripe account, or create a new one. Since the software is integrated with Drafting Marketplace, the email you used to set up your Drafting Marketplace account will autofill in the Email field. If you’d like to use a different email, simply erase the autofill and enter an alternative email address.

Once you’ve entered an email address, click the Continue button. Stripe will prompt you to create a password for  your account. Once you enter a password in the Password field, click the continue button. 

Verification 

After clicking the Continue button, Stripe will ask you to enter your mobile number so that they can send you a verification code through a text message. Go ahead and enter your phone number in the Mobile Number field. Click the Send Text button and you’ll receive a text message from Stripe.

Next, Stripe will take you to a screen where you’ll have to enter the verification code that was sent to your mobile number in the previous step. Once the six digit code is entered, Stripe will let you know that your account is secured and give you an emergency backup code that you can download or copy. This download code should be stored somewhere safe. If your device is ever lost or stolen, you may use this code to access your Stripe account.

After downloading or copying your code and storing it in a safe spot, click the Next button.

Entering Business Details 

Now, it’s time to enter information about your business.

Stripe will provide you a form where you’ll need to enter your Registered business address. Here you’ll:

• Choose the country in which your business is registered
• Enter the address, city, state, and zip code
• Choose the type of business

Once you’ve entered the correct information in the form, click Continue. Then, Stripe will ask you for some personal details, including:

• Date of birth
• Phone number
• Last 4 digits of Social Security number

After filling out all of the fields with the correct information, click the Continue button. This will take you to the Professional details page.

Entering Professional Details

On the Professional details page, you’ll be asked to select your industry from the dropdown menu. There are also fields to provide the following information:

• Your website
• Product description

After filling out these fields, click the Continue button.

Entering Bank Account Details

Next, you’ll be prompted to select an account for payouts. Here, you’ll be asked to fill out the following fields:

• Routing number
• Account number
• Confirm account number

Once the information for your bank account has been entered correctly, click Continue.

Customer Support Information

From here, you’ll be brought to a screen that says Customer support details. The information that’s entered here helps customers recognize your business on receipts, invoices, and payment statements. The following fields must be filled out on this page:

• Statement descriptor (this is the business a customer will see on their statements)
• Shortened descriptor (this provides more specific details, such as the name of a service someone paid for)
• Customer support phone number
• Customer support address

Once all the fields are filled out completely, click the Continue button.

Reviewing Details

After clicking Continue, you’ll be taken to a screen where you’ll review the details you’ve entered throughout the entire process, including the Professional Details, Support Details, Your Details, and Bank Account. You may edit any of these sections on this screen. If you’re satisfied with the information that’s entered, you may click Submit. 

Once you click Submit, you’ll receive the following message: 

Returning to Your Drafting Marketplace Profile

After reviewing your details and clicking the Submit button, you’ll be directed back to your Drafting Marketplace profile. Scroll back down to the Payment Account section and you’ll see a message prompting you to log back into your account and go through a verification process. To do so, click the Login to your Payment Account button.

Verifying Your Identity 

Once you log back into your Stripe account, you’ll be prompted to provide more information to verify your account. This step may vary for users. However, all users will be asked to verify their email address by clicking on a link that’s sent to the email address you used to sign up for your Stripe account.

Some other information that Stripe may ask you for to complete account verification includes:

• Full social security number
• A photo of a government-issued ID

Stripe will alert you if you are missing any important information and will prompt each user to enter the information that they need to verify your account. 

Once your account is fully verified, you can log back into your Drafting Marketplace dashboard.  And that’s it! Once you’re all set up, you’re ready to get some work done on Drafting Marketplace. Good luck!