Merchant Accounts allow Admins to set up their Stripe account on VTS Activate to accept and manage payments. While most of the work is completed in Stripe itself, the Stripe account must be added to VTS Activate. The Merchant Account is where payments made on the platform are sent. Without Merchant Accounts, Admins can't manage payments made on VTS Activate.

Note: Permission settings must be enabled to access Merchant Accounts.

Setting up a Merchant Account

A Merchant Account must be linked to your VTS Activate account to receive payments to a bank account. Navigate to Billings & Payments > Merchant Accounts to get started.

Connect with Stripe by following the directions outlined in Stripe.

Be prepared with:

• Company details: name, address, contact information, website
• Company Type: What type of company is being set up?
• Contact information for an authorized representative: name, address, contact information, tax number, or other form of identification
• Tax ID: ABN, TIN, VAT, etc
• Banking details: What bank account do you want your payouts to go to

Once your account is linked, you will see the below image and manage payments to your account by logging into Stripe.