Pay Settings

Configure Pay to manage payment processing.

Merchants can use fabric Pay to handle their online payment with payment methods like debit card, credit card and digital wallets like Google Pay and Apple Pay. Enrolling to fabric Pay can be completed online using the payment onboarding form. Once completed, merchants are ready to accept online payments and view payouts and account details.

fabric Pay is powered by Stripe for payment processing and settlement of transactions. The information required in the onboarding form is collected by Stripe on behalf of fabric Pay.

 

Complete the payment onboarding form

Once logged into CoPilot, select Pay in the top menu

Navigate to the Settings page

Click the Finish payments onboarding button to launch the form.

NOTE: The status is marked as Verification Required until the form is completed. If you leave the form as incomplete, the status will continue to show Verification Required and you will receive an email notification to complete the form. The email will be sent to the email setup to access CoPilot.

 

Onboarding
Onboarding

Once the form is launched, enter the basic contact information.

  • Mobile number

  • Email

Click Continue

 

Contact info
Contact info

Enter business info

  • Country

  • Type of business

    • Individual

    • Company

      • Sole proprietorship

      • Single-member LLC

      • Multi-member LLC

      • Private partnership

      • Private corporation

      • Other/I’m not sure

    • Nonprofit organization

 Click Continue

 

Business type
Business type

Enter the business details

  • Legal business name

  • Employer identification number (EIN)

  • Doing business as (optional)

  • Registered business address

  • Business phone number

  • Industry and business website

Click Continue

 

Business details
Business details

Enter business representative information. This is typically an executive, senior manager or someone who otherwise has significant responsibility for the control and management of your business.

  • Legal name of person

  • Email address

  • Job title

  • Date of birth

  • Home address

  • Phone number

  • Social Security Number

Click Continue

 

Business representative
Business representative

If anyone owns more than 25% of your business, enter their information or click Continue with no owners.

Business ownership
Business ownership

Enter an account for payouts. This could be a bank account or debit card where the funds will be deposited for the payment transactions. You will receive one aggregate payout on a rolling daily basis for all transactions that occurred T-2 business days.

  • Bank account or Debit card

  • Routing number

  • Account number

Click Save 

 

Bank account
Bank account
Debit card
Debit card

Verify all the details provided and click Submit to be redirected back to Copilot settings page

Detail review
Detail review

The status is now changed from Verification Required to Verified and you are ready to accept online payments. Once you are live and accepting online payments through fabric Pay, you can view your payouts by clicking View payouts.

 

Verified
Verified

You will be redirected to a Stripe hosted express dashboard to view the daily payouts. Note that you will receive one payout per day for all the payments that were authorized and captured 2 business days prior.

Stripe dashboard
Stripe dashboard

 

Last update: Mar 17, 2022

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