Yes, you can receive payouts from Stripe to your Aspire account, depending on the country where your Stripe account is registered and the currency of your Aspire account.
Notes:
This article covers how to receive Stripe payouts to your Aspire account.
If you’re looking to use Stripe as a payment method on your SGD Invoices or Payment Links, allowing your customers to pay via cards and other options, please refer to this article: How to Enable Stripe on SGD Invoices & Payment Links.
Notes:
The Stripe system does not block you as a user from saving your withdrawal account as Aspire's 11-digit USD or 12-digit SGD account numbers. However, not all payouts will be successful. Stripe has advised Aspire that at times, the payout will fail/will not work for a variety of reasons.
In the event this occurs, we advise you to re-try the withdrawal. If urgent, we advise you to withdraw to a separate standard banking account and remit the funds to your Aspire account thereafter.
You can read more about Stripe payout failures.
This is reflective for both Debit Accounts and Debit Cards for withdrawal.
Aspire SGD Account
If your Stripe account is registered in Singapore, you can receive payouts in SGD or USD to your Aspire SGD Local Account.
The following steps apply only if you selected Singapore as your country when initially setting up your Stripe account.
Step-by-Step Guide:
Aspire USD Account
Notes: Keep in mind that the country you selected when setting up your Stripe account is where it is based.
If your Stripe account is registered in the USA (Opened in USA)
You can receive USD payouts to your Aspire Local USD Account under CurrencyCloud:
Copy the details of your Local USD account from your Aspire app
Login to your Stripe Account then head over to
"Settings"
Under Business Settings, select "External payout accounts and scheduling"
Under Banks accounts, click "Add bank account" or "Edit" button
Place your account holder name, routing number and account number (remember to remove the dash "-" sign) on the fields, then hit "Add bank account" or "Edit account" once done
If your Stripe account is registered in Singapore (Opened in Singapore)
Stripe requires that USD payout accounts be based in Singapore. Aspire’s USD account under CurrencyCloud is based in the UK, so it cannot be used to receive USD payouts from a Singapore-registered Stripe account.
Alternatively, use your Aspire SGD Local Account to receive payouts in SGD.
Aspire IDR Account
For now, Stripe services in Indonesia are only available in an invitation-only form. Please refer to this website for a list of countries that support Stripe services.
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