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What to Do If I Don’t Have a Stripe Account?
What to Do If I Don’t Have a Stripe Account?

Learn how to create a Stripe account to complete your KYC process and activate your shop on Videoshops.

VideoShops avatar
Written by VideoShops
Updated over 2 months ago

Short answer: Create one!


Why You Need a Stripe Account

A Stripe account is essential for handling payments and payouts on Videoshops. Without it, you can’t complete the KYC process, which means your shop won’t be live in the marketplace.


Why We Use Stripe

We use Stripe because it’s one of the largest and most trusted payment processors in the world.

  • Security: Stripe offers industry-leading protection, keeping transactions safe for you and your customers.

  • Reliability: With a proven infrastructure, Stripe ensures payments are processed quickly and without hiccups.

  • Global Reach: Stripe supports payments from all over the world, giving your shop more opportunities to succeed.

By partnering with Stripe, we’re providing you with the best tools for secure and efficient payment processing.


How to Create a Stripe Account

  1. Start the Stripe Integration: Log into your Videoshops account and click the "Connect Banking" button in the KYC banner at the top of your dashboard.

  2. Choose “Create Account” on the Stripe login page.

  3. Provide Your Business Information:

    • Legal Business Name

    • Business Address

    • Business Phone Number

    • Type of Business Entity (e.g., Sole Proprietorship, LLC, Corporation)

    • Employer Identification Number (EIN) or Social Security Number (SSN)

    • Website URL

    • Description of Products or Services Offered

  4. Provide Personal Information:

    • Full Legal Name

    • Date of Birth

    • Home Address

    • Phone Number

    • Email Address

    • Government-Issued ID (e.g., Driver’s License, Passport)

  5. Link Your Bank Account:

    • Bank Account Number

    • Routing Number

    • Bank Account Holder Name

  6. Verify Your Information: Stripe may require additional verification steps, such as confirming your email address or phone number.

  7. Complete the Setup: Review all information for accuracy and submit your application. Stripe will process your information, and once approved, your account will be active.

For more detailed information, visit Stripe’s official setup guide.


Need Help?
If you have any questions or need assistance during the setup process, contact us anytime at [email protected].

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