1. Click on highlight
2. Click on More
3. Click on Stripe: Payments
4. Click on CHECKING Accounts Only - Get Started
The first step in the underwriting process will be to enter in banking details, ownership details, and contact information. Please be very precise when entering these details to correspond EXACTLY with how your business naming appears on your IRS documents. Any deviation can lead to tax forms being delayed and fines. If you are unsure of the differences between the legal business name of the brand and the DBA please contact members on your team before proceeding.
6. Enter the First and Last Legal name of person (your business owner)
7. Enter your business owner's Email address
8. Enter your business owner's Date of birth
Use (MM/DD/YYYY) format
9. Enter the Last for digits of your business owner's social security number
10. Enter your Legal business name
11. Enter your Employer Identification Number (EIN)
12. Enter your Registered business address
13. Click on "Continue"
14. View and confirm your BUSINESS DETAILS are correct
15. View and confirm your MANAGEMENT AND OWNERSHIP details are correct
16. Click Submit
After submitting these details, watch your bank account for two small deposits from Stripe. Both will be under $1 and will appear in your bank account 1-3 business days after entering the details to the Settings>Payments page. Once those deposits occur, return to this same setting>Payments page and click the "Verify Account" button. You will be asked to enter the amount of those two small deposits. Don't guess! You only have three attempts to enter the correct amounts. These deposits "expire" as well so it is best to keep an eye on the steps throughout the process once you start.
