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Stripe Compliance Checklist (2025 Edition)

 

    • Before applying for a Stripe account, please ensure you meet the following compliance requirements. This helps avoid delays or account restrictions during the onboarding and verification process.

 

1. Business Requirements

 

    • A registered U.S. company (LLC or Corporation)

    • A valid Employer Identification Number (EIN) from the IRS

    • A U.S. business address (virtual addresses are acceptable; PO Boxes are not)

    • A U.S.-based phone number (can be virtual or VoIP)

 

2. Business Bank Account

 

    • A U.S. business bank account in the company’s legal name

    • The account must be capable of receiving ACH transfers (Stripe’s default payout method)

 

3. Business Website or Online Presence

 

    • A functional website or landing page for your business

    • The site must clearly display:

      • Business name

      • Description of products or services

      • Pricing information

      • Contact details

      • Refund and privacy policies

 

4. Owner or Representative Requirements

 

    • A valid government-issued photo ID of the business owner (passport preferred)

    • Proof of the owner’s residential address (e.g., utility bill, bank statement)

    • Complete and accurate personal information of the owner (full name, date of birth, email)

 

5. Stripe Usage Compliance

 

    • The business must not fall under Stripe’s list of prohibited businesses
      (View the list here: https://stripe.com/prohibited-businesses)

    • The business must operate legally and ethically

    • You may be required to provide supporting documentation (invoices, contracts, or proof of business activity)

 

Additional Notes

 

    • Stripe may request further verification or documentation at any stage.

    • You are responsible for staying compliant with Stripe’s Terms of Service and relevant U.S. tax laws.

    • All submitted business and personal details must be accurate and consistent.

 

 

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