Add ACH Direct Debit payment method to Stripe
TaxDome offers a variety of methods for clients to pay—credit/debit card, electronic check/bank transfer, and even cash (if a client prefers paying in person). Here, we show you how to set up ACH direct debit , which allows your clients to send payments directly from their US bank account to your Stripe account using TaxDome.
Info
Payment methods in Stripe are enabled by default for TaxDome Payments users—no additional setup required.ACH Direct Debit, explained
Automated Clearing House (ACH) direct debit allows your clients to pay using their bank account details. They must accept a mandate and authorize you to debit their account.
The transaction takes up to 4 business days as ACH direct debit is a delayed notification payment method.
You can read more about Stripe transaction fees for ACH direct debit payments .
Step 1. Enable ACH Direct Debit on Stripe
Setting this payment method up begins from the Stripe Dashboard .
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Go to Settings and then to Payment methods.
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In the Bank debits section, click Turn on to the far right of the ACH Direct Debit option.
Step 2: Set up Stripe on TaxDome
After everything is set on Stripe, in the TaxDome portal:
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Connect your Stripe account to TaxDome. Here is how to connect to Stripe .
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Select either Bank Debits or Credit Card or Bank Debits as a payment method in the Payments tab. This can be done only by a firm owner or admin .
When you select both, you’ll be able to specify the preferred payment method for each invoice you issue, or you can let the client choose.
What does the client see?
Once you have enabled ACH direct debit payment, your clients will see the US bank account option in their payment window.
To proceed, a client needs to enter their Email and Full name, and indicate bank account details. This could be done either by:
- Selecting the bank,
- Searching for the bank by its name, OR
- Entering bank details manually
Note
If the client selects a bank, Stripe will ask them to log in and choose their account. If the client clicks Enter bank details manually, their account may be verified through microdeposit verification .Was this article helpful?
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