Payouts to you will now be made via Stripe. Find out about all the important changes here.
❗From July, there will be an update to the payout process. Due to the requirements of the German Federal Financial Supervisory Authority (BaFin), we are now working with the financial service provider Stripe. This provides you with even more security.
Stripe is a financial service provider that combines various payment methods and also manages payment transactions securely.
When does the new process come into effect?
- For all monthly payments: from August for the July payment
- For all biweekly payments: from the payment in mid-July for the payment of the first two weeks of July
It’s going to be like this for all orders placed from July 1st.
Orders placed before, they’ll get the payout via bank transfer.
Scenario:
- customer places order in April for event August → payout via bank transfer in September
- customer places order in July for event in August → payout via Stripe in September
So in the end it’s, for all orders placed from July 1st (can be some days earlier though), that payout will go via Stripe, for orders placed before, via bank transfer.
All in a single payout invoice.
All in a single payout invoice.
What does this mean for you?
- Have you already received a booking via our platform?
Here you can find out how to set up your stripe account. The process is urgently required, as payouts to you will be made via Stripe from now on.
If you have any questions, please contact us at partner@gokonfetti.com. - You have not yet received a booking via our platform?
You don't need to do anything else for now. The Stripe account setup is only required for the payout once a booking has been made. You will receive another email reminder from us as soon as verification is required.
Find out here how you can optimize your offer.