Stripe

Stripe in 365 business Banking: retrieve and apply Stripe transactions and fees, and collect invoices via Stripe.

Stripe is a payment service provider for online payments by credit card, debit card and other payment methods. With 365 business Banking you keep your Stripe account as a bank account in Business Central. The movements of your Stripe balance are imported as bank transactions into the payment reconciliation journal. You collect your customers' invoices via Stripe.

Functions

Function	Supported
Retrieve transactions (payments, refunds, fees)	yes, from the balance transactions of the Stripe account
Fees	as separate lines
Collect payment	yes, with the customer's stored payment method
Credit transfers, standing orders	no

Prerequisites

An active Stripe account.
A secret API key from the Stripe Dashboard. Stripe offers two kinds:
- Standard keys allow full API access and need no permissions of their own.
- Restricted keys allow only the functions you release, which reduces the risk of misuse.

Recommendation

Both kinds are supported by 365 business Banking. A restricted key with exactly the permissions Business Central needs is recommended.

Permissions for restricted keys

For transaction retrieval, a restricted key needs this permission:

Resource Type	Permission	Use in Business Central
`Balance Transactions`	Read	Reads the balance transactions for transaction retrieval. When you connect, Business Central uses the same call to check whether the key is valid.

Collection requires additional permissions. See Collect payments via Stripe.

Connect

You connect Stripe with the Connect Bank Account wizard: you choose the bank account to which the payments are posted and enter the secret API key. Step by step: Connect Stripe.

Retrieve transactions

You retrieve Stripe transactions like for any bank account with Retrieve Bank Transactions. Fees are created as separate lines: Retrieve Stripe transactions.

Collect payments

If a customer has stored a payment method at Stripe, you can collect invoices via Stripe when posting, individually, in batches or in the cash receipt journal: Collect payments via Stripe.