Skip to main content

How to Set Up Stripe Deposits for Auctions

This article shows what is required to configure Stripe deposits for your auctions

Written by Steve Gullon
Updated today

Adding Stripe Details

  • Click on the Online Payments Tab and complete the following fields.

⚠️ Please Note: These settings will apply to all auctions listed under your auctioneer.

  • Add Deposit Currency

⚠️ Please Note: Your selected currency must be supported by your Stripe account. Available currencies vary by region.

  • Add your Default Deposit Amount

  • Tick Enabled for Deposits

  • Select Authorise or Capture Deposit amounts
    ​​

⚠️ Please Note:

Authorising a deposit places a hold on the funds for up to 7 days. After this time, the payment may no longer be successfully chargeable.

Capturing takes the payment immediately but would require manual refunds via Stripe, if needed.

Ensure you comply with your local regulations when holding deposits.

  • Save Auctioneer


What happens if I don't configure the details correctly?

If the deposit set-up isn't complete, Users will see a warning message when attempting to pay deposits, as per the image below:


Did this answer your question?