Payment Settings & Stripe
Overview
DoorLedgers uses Stripe Connect to securely process rent payments. This allows you to accept credit cards and bank transfers (ACH) directly to your bank account.
Setting Up Stripe Connect
Step 1: Navigate to Payment Settings
- Log in to your DoorLedgers account
- Click “Payment Settings” in the left sidebar (under Settings)
- You’ll see a list of your buildings
Step 2: Select a Building
- Find the building you want to set up for payments
- Click “Configure” or “Edit” next to the building name
Step 3: Connect to Stripe
- On the Payment Settings page, find the “Stripe Connect” section
- Click the “Connect with Stripe” button
- You’ll be redirected to Stripe’s website
Step 4: Complete Stripe Onboarding
On Stripe’s website, you’ll need to provide:
| Information | Why It’s Needed |
|---|---|
| Business Type | Individual or Company – most landlords choose Individual |
| Personal Information | Name, date of birth, SSN (last 4 digits) – for identity verification |
| Address | Your personal or business address |
| Bank Account | Routing and account numbers for receiving payouts |
| Tax Information | SSN or EIN for tax reporting (you’ll receive 1099s) |
- Fill in all required information on Stripe
- Review and accept Stripe’s terms of service
- Click “Complete” or “Submit”
- You’ll be redirected back to DoorLedgers
Note: Stripe verification typically completes within minutes, but bank account verification may take 1-2 business days via micro-deposits.
Step 5: Verify Your Status
- Back in DoorLedgers, refresh the Payment Settings page
- Your Stripe status should show as “Active” or “Pending Verification”
- Once fully verified, you can start accepting payments
Configuring Payment Options
After connecting Stripe, configure how you want to accept payments:
Enable/Disable Payment Methods
- Go to Payment Settings > Select your building
- In the “Payment Methods” section, toggle:
- Credit/Debit Cards – On/Off
- Bank Transfer (ACH) – On/Off
- Click “Save Settings”
Choose Who Pays Processing Fees
- Find the “Fee Payer” section
- Select one option:
- Tenant Pays Fees – Fee is added to their payment total
- Landlord Pays Fees – Fee is deducted from your payout
- Click “Save Settings”
Understanding Processing Fees
| Payment Method | Fee | Example on $1,500 Rent |
|---|---|---|
| Credit/Debit Card | 2.9% + $0.30 | $43.80 fee |
| ACH Bank Transfer | 0.8% (max $5) | $5.00 fee (capped) |
Cost Saving Tip: Encourage tenants to use ACH (bank transfer) for significantly lower fees – especially on larger rent amounts.
Accessing Your Stripe Dashboard
View your Stripe account details anytime:
- Go to Payment Settings
- Select your building
- Click “View Stripe Dashboard”
- You’ll be taken to Stripe’s Express Dashboard where you can see:
- Recent payments
- Payout schedule and history
- Account settings
- Tax documents (1099s)
Disconnecting Stripe
If you need to disconnect your Stripe account:
- Go to Payment Settings
- Select the building
- Scroll to the Stripe section
- Click “Disconnect Stripe”
- Confirm the action
Warning: Disconnecting Stripe will prevent tenants from making online payments for that building. Any pending payouts will still be processed.
Setting Up P2P Payment Options
In addition to Stripe, you can display your P2P handles to tenants:
- Go to Payment Settings > Select building
- Scroll to the “P2P Payments” section
- Enter your handles for each service you want to accept:
- Venmo – Your @username
- CashApp – Your $cashtag
- Zelle – Your email or phone
- Toggle each method On/Off as desired
- Click “Save Settings”
Learn more about P2P payments in the P2P Payments guide.
Troubleshooting
Stripe Status Shows “Restricted”
This means Stripe needs additional verification:
- Click “View Stripe Dashboard”
- Look for any pending verification requirements
- Provide the requested documents or information
Payouts Not Arriving
Check these common issues:
- Verify your bank account information is correct in Stripe
- New accounts may have a 7-day holding period
- Check your Stripe dashboard for any alerts or holds