LocalPayments uses a Stripe integration to ensure your transactions are secure! We're here with a helpful list of requirements to help you set up your Stripe account.
For Canadian Residents and American residents, Stripe requires the following:
Business Information:
Business website
Business description
Account Details:
Business type (Corporation, Individual or sole proprietorship, Non-profit, etc)
Business number (Tax ID)
Business address
Individual or sole proprietor details:
Legal name
Date of birth
SIN (Tax ID) - optional
Home address
Cedit card statement details:
(This info will appear on customers' credit card statements)
Statement descriptor (Business Name)
Support phone number
Banking Details:
Bank account currency
Transit number
Institution number
Account number
Two-Step Authentication -
Will either need to send a text to your phone OR use the Google Authenticator app
For additional information see Stripe's documentation for further details!