Euler Pay Partner Guide: What It Is and How to Enroll
What is Euler Pay?
Euler Pay is a payment solution integrated into the Euler platform, designed to streamline how partners receive their commission payouts. With Euler Pay, partners can securely link a bank account to receive payments directly from customers through a seamless, cobranded experience with Stripe, Euler’s payment processing partner.
Eligible partners can enroll easily in Euler Pay:
Log In: Start by logging into your partner account at Euler’s sign-in page.
Eligibility Check: If you’re eligible, a “Setup Euler Pay” button will appear on your dashboard. If this option doesn’t appear, please contact your customer point of contact for assistance.
Begin Setup: Click the “Setup Euler Pay” button.
Select Your Country: Choose your country from the list. If your country isn’t listed, you can request its addition by contacting us at [email protected].
Complete Integration: After selecting your country, click “Integrate” to start the secure onboarding process with Stripe. This cobranded setup will guide you through entering and securing the necessary information for payouts, all stored safely by Stripe.
Payout Eligibility: Once enrolled, you’ll be eligible to receive payouts directly to your bank account.
Viewing Your Euler Pay Dashboard with Stripe
Once enrolled, you can view a joint dashboard with Stripe for payout tracking and other details. To access this:
Go to the Settings section in your partner portal by clicking the gear icon in the top-right corner.
Select “View Euler Pay Settings” to check your payout information and related settings.
Currency Conversion & Cross Border Fees
If your payout is in a different currency than your customer's currency, an additional 1% currency conversion fee applies (1.5% for SEPA). If your bank account is in a different country than your customer's, a separate 1% cross border fee also applies. These fees can stack if both conditions are true. Both fees are paid by your customer, not deducted from your payout.
Bank Account Requirements
Your bank account must be in a country supported by Stripe for payouts. If your own bank isn't in a supported country, you can still receive EulerPay payouts by connecting a US based bank account instead.
Important Information About Payments
The timing of payouts depends on fund clearing. After a customer initiates a payout, there is a processing period, typically 5 business days, before funds become available in your account.
If you have questions about Euler Pay or need help with enrollment, feel free to reach out to us at [email protected].