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Linking Stripe to your Zoom Events Hub Follow

Stripe is a simple and powerful way to accept online payments for Zoom Events events. You can also link a PayPal business account as an alternative online payment platform.

This article covers:

Prerequisites for linking a Stripe account to your Zoom Events Hub

  • Zoom desktop client
    • Windows: 5.6.5 (823) or higher
    • macOS: 5.6.4 (765) or higher
  • Zoom mobile client
    • iOS: 5.6.4 (308) or higher
    • Android: 5.6.4 (1862) or higher
  • Pro, Business, Enterprise, or Education account
  • Owner or Admin of Zoom account

How to link a Stripe account to your Zoom Events Hub

Note: Multiple Zoom Events Hubs can be linked to a single Stripe account.

A new Stripe account must be created when you link one to your Zoom Events Hub for the first time—even if you have an existing Stripe account. If you have an existing Stripe account, you can pull and use information from an existing account, and not have to go through the entire account creation process.

Note: The Stripe account that is linked to your Zoom Events Hub should only be used for sales from events that are directly listed on Zoom Events because payouts from this account only tke place after the event. Do not use any other Stripe products—such as Stripe Billing, Stripe Invoicing, and Stripe Payment Links—with this account. Any use of these products will incur significant payout delays because automatic payouts aren't triggered by Zoom Events for these products, and you will need to work directly with Stripe to manually release the payouts.

When you are redirected to the Stripe onboarding process, you can create a new account from scratch, or you can create an account that is pre-populated with information from an existing account. The new account that is created—regardless if it was created from scratch or the information was pre-populated from an existing account—will have different properties compared to a standard-connect Stripe account, so that the account can only be linked to the Zoom Events or OnZoom platforms, which also allows Zoom to provide you a customized experience.

Note: If you previously created and linked a Stripe account to your Zoom Events Hub and/or OnZoom Host account, you will have the option to select an account that you previously created and link it to your Zoom Events Hub and/or OnZoom Host account, or to create a new account from scratch.

To link a Stripe account to your Zoom Events Hub:

  1. Sign in to Zoom Events.
  2. In the top-right corner, click Manage.
  3. On the left side of the page under the Hub you want to add a Stripe account to, click Billing Information.
  4. Use the dropdown menu to select the country the financial account to be used to receive your hosting income is opened in, then click Save.
    Note: This occurs typically for a new Hub, and only after you click Billing Information for the first time.
  5. To the right of the Stripe logo, click Create and Link.
    You will be redirected to the Stripe onboarding process.
  6. Enter your email address.
  7. Click Next.
  8. Click Create Event.

You will receive an email once your Stripe account is successfully linked to your Zoom Events Hub.

Results when linking Stripe to Zoom Events

After attempting to link your Stripe account to your Zoom Events Hub, you will receive one of the following status results:

  • Complete: You can create paid Zoom Events events and receive payment from ticket sales.
  • Pending: Stripe is verifying your information, or you need to go to the Stripe Dashboard to provide additional information. You will see the pending status when more time is needed to verify the information you provided, or when you need to provide more information:

Limitations for scheduling Zoom Events events with Stripe

When you create an event and Stripe is the online payment platform linked to your Zoom Events Hub, you will be able to publish a paid event up to 12 months before it is scheduled to start.

If your Zoom Events Hub is linked to both a Stripe and PayPal Business account, you will also be able to publish a paid event up to 12 months before it is scheduled to start.

How to manage billing

Update billing information

To update your account's billing information:

  1. Sign in to Zoom Events.
  2. In the top-right corner, click Manage.
  3. On the left side of the page, find the Hub with the Stripe account you want to manage, then click Billing Information.
  4. Under Your Address, complete the required information.
    Note: It is not required to provide a billing address, but you will not be able to create paid events without one on file.
  5. Click Save.

How to manage your Stripe Dashboard

The Stripe Dashboard is where you operate and configure your Stripe account, manage payments and refunds, and respond to disputes. Useful information about your account activity can also be seen at a glance.

Fund capture

After a ticket is purchased with a credit or debit card, the transaction will stay pending for two days before funds are captured. This feature is to safeguard you from having to pay Stripe processing fees if there is a refund/cancellation during this time period.

Note: Once a transaction is captured, you are responsible for paying Stripe the processing fees for the purchase, even if there is a refund. During this two-day period, the transaction is authorized, meaning that the transaction (funds that have been held for the purchase) has been approved by the issuing credit card/bank. The Attendee will see the purchase on their credit or debit card account during this two-day processing period.

Approve or reject refunds

Refund requests made within 14 days after an event's end date can be approved or rejected from within Zoom Events.

For refund requests that are made 15 days or after an event's end date, you will need to sign in to your Stripe account to approve or reject the refund request.

View chargebacks

A chargeback occurs when a credit card holder files a dispute with the issuer of their credit card, asking the card issuer for a refund for a specific charge.

There are many reasons a cardholder can question your payment with their card issuer, but you can respond to a chargeback to help resolve the case. Following some simple tips can help protect yourself against disputes and fraudulent payments. Any chargebacks that you receive can be found in your Stripe Dashboard.

Note: You must respond to a chargeback for the right to reclaim your funds. If you do not respond to a chargeback, you will forfeit your right to reclaim chargeback funds but the customer will receive a refund.

Stripe deducts a $15.00 dispute fee per chargeback from your account balance.

More information on chargebacks can be found at Stripe.

View reports

Reports can be viewed as a summary report from the dashboard or downloaded as a CSV file to see itemized transaction data.

View sales taxes, GST, VAT

Taxes vary by region. It is recommended to check with a qualified accountant to see if any taxes should be included in your charges.

If tax needs to be collected, the amount to be collected will be displayed to the purchaser at checkout. Zoom Events will collect and remit the tax on your behalf.

Note: You can view transaction details by going to your Stripe Dashboard. The transaction fees are a combination of Stripe processing fees and the Partner fee (tax collected during the transaction that Zoom will remit on your behalf).

How to follow the Stripe payout schedule

Note: Your first transaction with Stripe typically will take 7-14 days to settle in your Stripe account. You can do a test charge of $1.00 to help with establishing your account earlier. Or, you can start to sell tickets 15 days in advance of your first event to help negate any extra holds on your first payment.

The standard payout schedule for Zoom Events are:

  • Event: Funds are generally deposited to your bank account 7-8 days after the event ends.
  • Series: Funds are generally deposited to your bank account 7-8 days after the event ends.

Zoom releases the funds 6 days after the event or series has ended, which will then be deposited in your bank account within 1-2 business days.

Note: If you process refunds for an event that you have already been paid out for, your next corresponding event could be delayed beyond the general payout timeline mentioned above. If you don't receive your payout, please contact Zoom.

Stripe fees

Stripe charges a processing fee for each successful charge. The charge can differ between countries.

Accepted payment methods Customers pay with a credit/debit card
Fees for Host

2.9% + $0.30 per transaction*

Transaction fees are a combination of Stripe processing fees and the Zoom application fee (tax collected during the transaction that Zoom will remit on your behalf).

*Fees subject to change if the Host reaches a volume to negotiate fees, and other cases. See complete pricing+fees.

Processing time

Payout Schedule Documentation

Zoom scheduled release dates of funds:

  • One-time event: Generally 7-8 days after the event ended.
  • Event series: Generally 7-8 days after the first event in the series ended.

Zoom releases the funds 6 days after the event or series ended, which will then be deposited in your bank account within 1-2 business days.

Note: Your first transaction with Stripe typically will take 7-14 days to settle in your Stripe account; you can do a test charge of $1.00 to help with establishing your account earlier.

Number of days-in-advance event can be scheduled to start A paid event can be published up to 12 months before its scheduled start date.
Customer support FAQ

https://support.stripe.com/

How to unlink Stripe from your Zoom Events Hub

If your Zoom Events Hub has not closed out all of the following activities, you will not be able to unlink your Stripe account:

  • Published events with sales of paid tickets
  • Paid events
  • Pending transactions
  • Pending payout for a completed event

Note: If you unlink your Stripe account that was created and linked to during the onboarding process from your Zoom Events Hub, you will be able to relink to it. After relinking, all existing Stripe transactions (charges, payouts, refunds, transaction details) are resumed. Alternatively, you will be able to create and link to a new Stripe account

To unlink a Stripe account from your Zoom Events Hub:

  1. Sign in to Zoom Events.
  2. In the top-right corner of the page, click Manage.
  3. On the left side of the page, find the Hub with the Stripe account you want to manage, then click Billing Information.
  4. By the email registered to your Stripe Account, click Unlink.
  5. Under Payment and Payout Method for Selling Tickets, click Unlink.

Note: If a Host closes their Stripe account from the Stripe Dashboard and has an available balance or a pending payout for an event, the Host will not be able to access those funds and will need to contact Stripe to receive those funds.