Stripe Account
CoachIQ has integrated Stripe, a leading payment processing tool, to provide private sports coaches with a seamless and secure way to manage their business finances.
Last updated
CoachIQ has integrated Stripe, a leading payment processing tool, to provide private sports coaches with a seamless and secure way to manage their business finances.
Last updated
This comprehensive guide will walk you through the key features and benefits of using Stripe within the CoachIQ platform, focusing on payment processing fees, payout dates, and the ability to pass fees onto customers.
CoachIQ is committed to providing an all-in-one SaaS platform for private sports coaches to efficiently run their entire business. By integrating Stripe, we've made it easier for coaches to accept payments, manage subscriptions, and track their earnings, all within a single platform.
Stripe's integration with CoachIQ offers several benefits to streamline your financial operations:
Seamless Integration: Manage bookings, subscriptions, and payments in one place, simplifying your coaching business's financial aspects from start to finish.
Secure Payment Processing: Protect your clients' payment information and your business's financial data with Stripe's PCI DSS compliant security standards.
Global Reach: Accept payments from clients worldwide in various currencies and payment methods, ideal for expanding your coaching services internationally.
Stripe charges a 2.9% fee plus 30 cents per successful card charge. However, CoachIQ offers a unique advantage:
Passing Fees to Customers: Optionally pass the payment processing fees onto your customers, ensuring your earnings remain unaffected. Adjust this feature based on your preference and business model.
With Stripe, payouts are transferred to your bank account on a rolling basis:
Payout Schedule: Payouts are made daily and the funds are typically available in your bank account within 2 business days. This allows for regular access to your funds and better financial planning.
Getting Started: If you're new to CoachIQ or Stripe, follow our setup guide to connect your Stripe account with CoachIQ.
Customizing Payment Options: Decide whether to absorb the payment processing fees or pass them onto your clients. CoachIQ provides the flexibility to choose what works best for your business.
Managing Payments: Use the CoachIQ dashboard to track payments, view upcoming payouts, and manage refunds if necessary. Our integration ensures full control over your financial transactions.
How do I set up Stripe on CoachIQ? Setting up Stripe on CoachIQ is simple. Access your CoachIQ dashboard, navigate to the payments section, and follow the on-screen instructions to link your Stripe account.
Can I choose whether to pass the Stripe fee onto my clients? Yes, CoachIQ allows you to decide whether to absorb the fee or pass it onto your clients. This option can be configured in your payment settings.
How do I track my payouts from Stripe? Track your payouts directly from your CoachIQ dashboard. You'll see a detailed view of your transactions, including scheduled payouts.
What if I need to issue a refund? Refunds can be processed directly through CoachIQ, with the transaction being handled by Stripe. This process is straightforward and can be managed from your payments dashboard.
How do I contact support if I have questions about Stripe? For questions specifically about Stripe transactions, contact Stripe support. For integration and platform-related queries, CoachIQ support is here to assist you.
Stripe's integration with CoachIQ is designed to streamline your financial transactions, allowing you to focus more on coaching and less on administrative tasks. By understanding how Stripe works within our platform and utilizing features like passing fees onto customers, you can optimize your coaching business's financial health. CoachIQ is here to support you every step of the way, from setting up your payment processing to effectively managing your earnings.
