Following the completion of the Know Your Business (KYB) process, customers will be required to complete Stripe's Know Your Customer (KYC) form.
As part of the onboarding process, the customer will be redirected to Stripe's onboarding process to verify their identity and payment account details.
Log in to Stripe
To begin, the customer can either:
Sign in with an existing Stripe account by entering an email address already associated with that account or,
Create a new Stripe account by entering an email address that is not currently associated with Stripe.
KYC Form Structure
The form is divided into the sections below:
Business Type
Business Details
Business Representative
Business Owners, Directors & Executives
Confirm Business Ownership
Bank Details
Customers can navigate to other sections by selecting the relevant section title at the top of the form.
Complete the Form
Business Type
The customer selects the legal structure of the business.
Options typically include:
Individual / Sole Trader (non-limited businesses)
Company (such as limited companies, LLPs, or partnerships)
Non-profit (including charities and unincorporated associations
Business Details
This section collects key information about the business including:
Business name
Company registration number (where applicable)
Business address and telephone number
Industry
š Note: The Industry field determines the Merchant Category Code (MCC) applied to the payment account and should accurately reflect the primary service the business provides.
Business Representative
This section collects personal details for the individual completing the form or on behalf of the person.
Information requested may include:
Legal name
Email address
Job title
Date of birth
Home address and telephone number
The representative will also be asked to confirm whether they are:
An owner
A director
An executive
If any of these roles are selected, the individualās details will automatically be reused in the relevant sections later in the KYC process. If not, the customer may need to provide details for additional individuals.
Business Owners, Directors & Executives
This section collects information about other key individuals associated with the business such as owners, directors, or executives.
Typical details requested include:
Legal name
Email address
Additional individuals can be added where required.
Confirm Business Ownership
If the business representative was not identified as an owner, director, or executive earlier in the process, one or more individuals added in previous sections can be designated in these roles.
Bank Details
The customer provides the bank account details where payments and earnings will be deposited.
Final Review and Submission
Once all sections are complete, the customer can review the information provided and submit the form.