You must be logged into your Laterpress account first. Navigate to “Settings” and locate the “Reader payments” section, then click “Enable Stripe account.”
The Setup Steps
Step 1: Account Credentials — Create an email address and password specifically for your Stripe account. It’s recommended to use a different password than your Laterpress login.
Step 2: Two-Factor Authentication — Complete the security setup by either receiving notifications on your phone or using Google Authenticator.
Step 3: Business Information — Enter your business address (home, office, or PO Box) and select your tax filing status from the available options.
Step 4: Personal Details — Provide your legal name, business email, date of birth, phone number, and the last four digits of your Social Security number. You may use a business number or Google Voice as alternatives.
Step 5: Professional Information — Select “Books” under the digital products industry category. For your website, you can link your own site, professional social media, or your Laterpress publication URL.
Step 6: Banking Details — Connect your bank account either through online banking login or manually by entering your routing and account numbers.
Step 7: Customer Support Information — Review and verify all previously entered information, adjusting as needed. Set your “Statement descriptor” — what appears on customer bank statements — to your business, author, or pen name.
Step 8: Final Review — Confirm all details are accurate, then submit.
Accessing Sales Data
Log into your Stripe account at dashboard.stripe.com to view transaction data and analytics.