Notarize and Stripe Partner to Keep Notaries Working, Remotely and Safely, from Home
Today, we announced a new partnership with leading payments platform Stripe to empower notaries with the ability to work online and receive almost instantaneous payment for the notarizations they have completed.
By integrating with Stripe Connect, a platform that powers marketplaces by accepting payments from customers and paying out to service providers, Notarize can pay notaries on the same day they perform notarization services.
Over the last 100 days, thousands of consumers and businesses have turned to Notarize to remotely complete important transactions like real estate closings, refinancings, payroll processing, and other financial, health, and family-related documentation. In response to a 400-percent surge in demand, we added more than 1,600 notaries to our platform to serve customers safely and securely from the comfort of their home.
“The novel coronavirus has upended business as usual and left thousands of notaries furloughed or unemployed, unable to reach their clients,” said Pat Kinsel, founder and CEO of Notarize.
“By integrating our platform with Stripe Connect, we are giving notaries tools to get back to work, service some of the largest lenders, title companies, and financial institutions, and receive prompt payment. We are grateful to be in position to help notaries from around the country pivot their businesses online, and thrilled they have joined the Notarize platform. Together, we are helping people and businesses complete millions of critical transactions.”
Individual notaries can link their bank accounts with the Stripe Connect platform for seamless payment. After a transaction is completed, notaries instantly earn notarial fees that can be withdrawn the same day.
“Notarize and Stripe have truly provided a lifeline to notaries across the country,” said Lori Koepsel, a Texas-based notary. “Without a trusted technology solution, business would be completely stagnant and I would have zero income, which would make this an even scarier time for me and my family. Short-term, I am able to monitor my daily earnings which, coupled with my journal, helps me accurately log my notary fees, which long-term makes tax preparation a breeze. It is amazingly convenient.”
"Stripe is building critical infrastructure to power the economy online and help businesses adapt to unique circumstances," said James Dyett, Head of Product Growth at Stripe. "With Stripe Connect, Notarize is helping notaries adapt and get paid instantly online. It's a vast improvement on waiting a few days to clear a check, but also critical during uncertain times like these where speed is of the essence."
We are still adding professional notaries to our platform. If you are interested in joining the Notarize team, get in touch with us here.