You can enable card payments in Velory to allow employees to pay for hardware buyouts during End of Lifecycle flows and or budget overages. To offer this feature, your company must first connect your Velory account to Stripe.
When to use Stripe
Card payments can be used in the following scenarios:
- Budget overage payments (if supported by your retailer)
- One-off device buyouts
- Leased device buyouts (if you lease your equipment, and buyouts are supported by your leasing company)
Step 1: Connect your Stripe account
In order to add your Stripe account to Velory, you need to contact our support team to get help with adding your Stripe keys to Velory. You will need to connect a Stripe API key for each payment use case you want to use.
How to get your Stripe API Keys
To connect Stripe, you'll need a Stripe account and access to your API keys. Use the links below to get started:
- Create or connect a Stripe account
- What are Stripe API keys and how to find them
- Stripe API key documentation
When you have your Stripe API keys added, it’s time to enable card payment in the platform.
💡We only support credit card payments through Stripe.
Make sure to disable all other payment methods offered by Stripe.
You can do this in your Stripe account under:
Settings > Product settings > Payments > Payment method
Step 2: Enable card payments in Velory
This is how you enable card payment as a method for the relevant use cases:
Budget Overages
Go to:Settings > Company > Budget & Attestation > Handle Budget Overage
- Enable: Purchase above budget
- Select: Credit card as the payment method
- (if this option is not available for your company please contact support@velory.com and we will assist with enabling the toggle for you.)
One-Off Device Buyouts
Go to:Settings > Company > End of Device Lifecycle > One-off > Device Buyout
- Enable: Device buyout
Leased Device Buyouts
Go to:Settings > Company > End of Device Lifecycle > Leasing > Device Buyout
- Enable: Device buyout
✅ Once your API keys have been added to Velory with support from our team and your Customer Success contact, and card payments have been enabled for the desired use cases, your setup is complete. Employees can now securely pay by card for any activated flows.