Important: Before proceeding, please ensure you have the relevant documentation ready to expedite the Stripe account verification process. You can read more about the documentation requirements for different countries here.
What is Stripe?
GameDay partners with Stripe for secure financial services. In order to facilitate settlement payouts to your organisation, GameDay and Stripe requires that your organisation successfully completes the required "Know Your Customer" (KYC) obligations.
"Know Your Customer" (KYC) obligations for payments require Stripe to collect and maintain information on all Stripe account holders. These requirements come from Stripe’s regulators and are intended to prevent abuse of the financial system.
You can read more about Stripe's KYC obligations and the collection of relevant information here.
The status of the KYC Financial Configuration will not affect payments successfully being processed via the payment gateway.
The below guide outlines the process of setting up your Stripe account if your organisation is located in the United States.
Note: For users outside the United States, please consult the relevant article below for help on setting up your Stripe account:
To read more about the different types of verification documents required by each country, click here.
Activating your Stripe Account
In the left-hand menu, open the Finances option, then select FINANCIAL SETTINGS
Note: only an Admin enabled as the Role of Super User for your organisation will be able to complete the financial configuration KYC onboarding
This page will indicate whether or not you've completed your Stripe KYC obligations, displaying a status at the top of the page, including:
Not Started
More Information Needed
Complete
To submit a new application, click START PAYMENT CONFIGURATION
If you've already started an application but haven't completed it, click CONTINUE PAYMENT CONFIGURATION
Contact Details & Verification Code
Enter your mobile number and email address, then click CONTINUE
Enter the 6-digit verification code sent to your mobile to validate your account
About Your Business
Make the most applicable selection from the fields below, then click CONTINUE:
- Type of Business: Choose one of the following options
- Individual
- Company
- Nonprofit Organisation
If you choose 'Company' above you will also be asked to select your Business Structure.
Enter your business information, then click CONTINUE
If you are unsure how to obtain your Employer Identification Number, or which Tax ID guidelines are most relevant to you, click here.
Note: In the Industry field, the most common selection is Other Membership Organisations under the Membership Organisations section
Verify you represent this business
Verify your personal details, then click CONTINUE:
Bank Account
Add the bank account you'd like to receive payouts to through Stripe, including your bank Routing Number and Account Nnumber, then click CONTINUE
Review and Submit
Finally, confirm that the details you've submitted are correct, and complete any outstanding information if needed, then click AGREE AND SUBMIT
You will then be redirected to your GameDay database and your KYC application will be marked as COMPLETE, allowing you to receive settlements from online payments