For Promoters: How to Create a Stripe Account and Connect your Bank

For Promoters: How to Create a Stripe Account and Connect your Bank

You need a Stripe account AND ain order to process transactions, but you must set it up only from within your RaceReady promoter account. 


Before you begin, you'll need your business Tax ID (either an EIN, or your Social Security Number—depending on how your business is set up). You'll also need your bank account number and routing number. 


  1. First, log in to your RaceReady Promoter Account. 
  2. Next, go to 1) Settings > 2) Companies & Bank Accounts > 3) Add Company (if you don't already have your company there)



Give the company a name:


Next click on the small up-arrow next to your new company name and then click Add Bank
First, log Fill out your bank's information so RaceReady can send you your money:)

Next click "More info Required for Payouts"


It will take you to Stripe to complete the setup. You will see a screen like this: 

It should then prompt you to fill out two sections: "Your Business" and "Management and Ownership". Click on the update button for each section and fill out the forms that Stripe requests.



The "Business Details" form looks like this:


The "Management and Ownership" requires information for at least one manager or owner of the business (or sole proprietor). The form looks like this:


Once all sections are completed, click "Submit" and Stripe will process your application and connect your account. it will also re-route you back  to your RaceReady account. 

IMPORTANT: RACEREADY DOESN'T STORE ANY OF YOUR SENSITIVE INFORMATION. THE SIGNUP FORM SUBMITS YOUR DATA DIRECTLY AND SECURELY TO STRIPE—SO REST EASY.


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