Connect Stripe
In order for any sale to be possible with Libro (ticketing and/or no show policies), you must first connect Libro to a Stripe account. This will allow online payments as well as direct deposits.
Note: Stripe is a third party integration, which is not managed by Libro. All questions or concerns regarding your Stripe account should be directed to the customer service of Stripe.
To connect Stripe, follow the steps below:
- Access your Libro Back-Office
- From My Restaurants, click on Settings
- From the sub-menu, go to Payment Processor
- Select "Stripe" in the drop-down menu, then click on the Connect button
- You will be redirected to the Stripe login page, enter your credentials to complete the connection
Important: Please note your Stripe account login info (email and password), because you will need to access it in order to view your direct deposits on stripe.com.
Stripe Fees
For the payment gateway, there is a fee of 2.9% + $ 0.30 per transaction. The Stripe fees are tax-deductible, as this is an expense for the restaurant owner. Click here for more info about this fee.
Stripe Radar
Stripe Radar is a powerful fraud prevention tool that can be activated within your Stripe account. With Radar, you can enhance the security of your transactions and protect your business from fraudulent activities. For more details and activation instructions, please contact Stripe directly or refer to Stripe's documentation on Radar Rules and its integration with your Stripe account.