Getting paid
How sellers receive payments for orders placed on Loopbuild.
Connect Stripe
Payments on Loopbuild go through Stripe. Go to Account settings → Payment methods and click Connect Stripe Account. Stripe verifies your business and collects your bank details; Loopbuild never sees them.
You can publish products before connecting Stripe, but you need a connected account to receive card payments.
When you are paid
- The buyer pays when they place the order.
- You confirm, ship and deliver the order.
- When you mark the order as delivered, the payment for the items and delivery, minus the Loopbuild fee, is transferred to your Stripe account.
- Stripe pays it out to your bank on your Stripe payout schedule.
The Loopbuild fee for each order is shown in the order breakdown.
Direct-payment requests
Some products are sold with direct payment: the buyer sends a purchase request, you accept it by paying a small request fee, and the buyer then pays you directly and sends you proof of payment in the chat. No further fee is taken on these orders.