How Do I Reactivate My Stripe Account?

When it comes to reactivating a Stripe account, the process is made as simple and straightforward as possible.

This is always a useful feature for financial services such as Stripe, as convoluted and complex management systems can be a frustrating experience for both you and your customers! Online payment processing software sometimes can be a pain. 

In this article, we are going to be taking a look at how exactly you can reactivate your Stripe account.

We are also going to have a look at Stripe in general in terms of what kind of service it is and how easy it is to manage your Stripe account. 

What is Stripe?

Stripe is an online payment system that was founded by brothers Patrick and John Collison back in 2009. It is one of the most popular ways to accept payments on websites today. 

The company has grown rapidly since its inception, with over $1 billion being raised through its platform in 2017 alone.

They offer services such as credit card processing, subscription billing, e-commerce checkout, recurring billing, and more.

Their main focus is to make the payment process as seamless as possible for users.

How Does Stripe Work?

When someone makes a purchase using Stripe, they will send them to a secure page where they enter their credit card details.

The information then gets sent directly to Stripe’s servers, which will verify the transaction and charge the customer accordingly.

Once all of this is done, the customer is redirected back to the website or app where they originally placed their order.

Managing a Stripe Account

In order to set up a Stripe account, you need to go to stripe.com/dashboard and create a new account.

You will then need to fill out some basic information about yourself including your name, email address, phone number, and country.

After you have filled everything out, you will be asked to choose a password for your account. Make sure that you use something unique and strong so that nobody else can access your account.

After you have created your account, you will be taken to a dashboard where you can see all of your transactions.

From here, you can view your balance, edit your preferences, and update your billing addresses if necessary. 

Keeping Your Stripe Account Secure

The first thing that you should do when setting up a Stripe account is to enable two-factor authentication (2FA).

2FA adds another layer of security to your account by requiring you to provide additional information before making any changes. 

For example, if you want to change your bank routing numbers, you would need to provide your username and password along with your mobile phone number.

If somebody were to try to log into your account without providing these details, they would not be able to complete the transaction.

Setting Up Recurring Billing

If you run an e-commerce website, you may want to consider adding recurring billing to your Stripe account.

With recurring billing, you can automatically bill your customers every month or every quarter depending on your preference.

There are many different options available, but the best way to find out what works best for you is to test each option out and see how it performs.

You can add subscriptions to your Stripe account from within the dashboard. To do this, click “Add Subscription” at the top right-hand corner of the screen.

This will take you to a form where you can select the type of subscription you want to add. You can choose between monthly, quarterly, or yearly plans.

You can also choose whether, or not, you want to allow automatic renewal.

Once you have selected your plan, you can customize the price of the subscription and the frequency of the billing cycle.

You can also decide whether, or not, you want your customers to receive invoices. Finally, you can specify how long you want your subscription to last.

Once you have completed filling in all the required fields, click “Save Changes”. You will now be taken to a confirmation page where you can review your settings before activating the subscription.

To activate the subscription, click “Activate” at the bottom left-hand side of the screen. Once activated, you will be notified via email whenever someone makes a purchase through your site. 

Deactivating Your Stripe Account

Before we discuss how you go about reactivating your Stripe account, you must first know how to deactivate it! To do this, simply log into your account and click on “Settings” from the top menu bar.

Then, scroll down until you find the section called “Account Settings”. 

Here, you will see a dropdown menu that allows you to change your settings. Click on “Change Settings” and select “Delete Account”.

Now, you will be prompted to confirm that you want to delete your account. If you decide not to, you will still be able to recover your funds later.

Reactivating Your Stripe Accounts

Now, let us talk about how you can actually reactivate your Stripe account. First off, you should note that there are two different methods that you can use.

Method 1 – Using the Stripe API

This method involves sending a request to the Stripe API using JavaScript. This is probably the easiest way to reactivate your account because you don’t need to provide any personal information.

However, you will only be able to reactivate your accounts once every 30 days. So, if you want to reactivate your Stripe account again after that time period, you will need to follow Method 2.

Method 2 – Using the Stripe Dashboard

This method requires you to log in to your Stripe account using your username and password. When you do this, you will be taken back to the dashboard where you can manage your account.

On the left side, you will notice an option called “Activate Account”. Simply click on that button and follow the instructions provided by Stripe.

Once you have completed these steps, you will be able to reactivate your Stripe account.

But, keep in mind that this process may take several hours to complete depending on the amount of activity that has occurred on your account.

So, make sure that you plan ahead before doing anything with your Stripe account!

Final Thoughts

It really is that simple to reactivate your Stripe account. All you need to do is follow the steps outlined above.

The ease and simplicity when it comes to management and user-friendliness makes Stripe one of the best payment processors out there. 

So, what are you waiting for? Go ahead and get started today!