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Signing up for Stripe

Exploring the Stripe sign up process for Billing

Adrian Ruiz avatar
Written by Adrian Ruiz
Updated over 2 months ago

Stripe is the payment processor that we, Playground, use to process all guardian payments and payouts for collected payments directly to your account.

Stripe builds technology that’s used by millions of companies around the world such as Amazon, Google, and Zoom to handle hundreds of billions of dollars of payments.

🚨 To use the Billing feature on Playground, you will need to create a Stripe account!


How to sign up for Stripe

To sign up and create an account to unlock you billing, you will want to:

  1. Navigate to Billing on the side navigation panel to your left

  2. Click on Overview

  3. Click on Get started in blue

  4. Complete the Start accepting payments form

  5. Click Next to continue to the second part of that form

  6. You'll see a confirmation that your center settings were saved

  7. Click on the Take me there button in blue to continue

  8. A new tab will open where you will continue the process on Stripe's encrypted webpage

  9. You'll then be prompted to enter a phone number to receive codes to for access to this account moving forward.

    1. You will always want to use a mobile number for this field!

  10. A code will be sent to the number on file for confirmation of your identity

  11. You will then be navigated to a screen to start confirming your business details.

    1. Click Continue in blue once this page is complete

    2. For Companies, you'll have additional options to further specify your business

      1. Sole proprietorship

      2. Single-member LLC

      3. Multi-member LLC

      4. Private partnership

      5. Private corporation

      6. Other/I'm not sure

  12. Once complete, you'll then be navigated to a page where you'll add more granular information about your business.

    1. You will be prompted to enter:

      1. Legal business name

      2. Business name (Optional)

      3. EIN/TIN depending on the Company type in Step 11

      4. Business address

      5. Industry

    2. Once complete, click on Continue

  13. You'll now be prompted to complete Stripe's Verify your personal details page

    1. You will be prompted to enter:

      1. Your Legal name

        1. Enter name exactly as it is recorded with government agencies (e.g. IRS).

      2. Email address

      3. Date of birth

      4. Home address

      5. Phone number

      6. Social Security number

        1. To verify your identity, we’ll need to know your full SSN/ITIN.

        2. Stripe is required to collect this information to satisfy regulatory obligations.

          1. For more information on this, please refer to our article on Stripe's requirements

  14. On the following screen, you'll select an account for your payouts.

    1. This is the account you will be paid out to for the funds you collect on the platform

    2. You'll be able to select a bank from Stripe's list

    3. You can also add your bank with the routing and account numbers directly

  15. Next, you'll add public details for guardians

    1. This information may be visible in payment statements, invoices, and receipts.

    2. You'll be adding:

      1. A statement descriptor

      2. An optional shortened descriptor

      3. A phone number to reach you for inquiries

      4. An address for your business

  16. On the final steps, you'll be reviewing the inputted information

    1. Click Agree and submit to complete the process

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