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Setting Up Your Brand New Stripe Account to Receive MDF Funds
Setting Up Your Brand New Stripe Account to Receive MDF Funds
Christian Martin avatar
Written by Christian Martin
Updated over 2 weeks ago

Time duration: 10-15 mins.

Make sure you have your business and banking information available.

Getting to Your Wallet

  • In your GlassHive instance, go to your account and then "Account Settings > Billing & Payments"

  • Once you are in "Billing & Payments" click on the option that says "Wallet".

Creating a Stripe Account

  • Go to “Wallet” in “Billing & Payments”

  • Click on “Create Stripe Account”

  • Type of Company Name in the text area and click “Next”

  • Click on “Continue onboarding” to continue the Stripe account creation process.

  • Type the email address you would like to associate with your stripe account and click “Submit”.

  • Next, create a password and click “Submit”.

  • Choose your 2FA method and complete the 2FA setup process.

  • Enter information about your business type and location, and click “Continue”.

  • Enter your Business and Personal Information on the next following screens, click “Continue”.

  • In the Connect to your Financial Services, select your bank of choice and follow the prompts to connect to your financial institution.

  • If your bank is not supported or listed, enter your banking information manually.

  • In the public details section, fill out the necessary information. This information will appear on statements, invoices, and receipts.

    Note: If your statement descriptor is too long to fit, shorten it. Example: “TRIdigitalmarketingllc” would be shorten to “TRIdigitalmarket”. Keep in mind it’s only going to show up on statements.

  • Click “Continue”.

  • You have the option to add a climate commitment. Select your option, and click “Continue”.

  • (Optional) Set up stripe tax.

  • Or click “Not Right Now”.

You're done! You successfully created a Stripe Account.

Logging into a Stripe Account

  • Go to “Wallet” in “Billing & Payments”

  • Click on “Create Stripe Account”

  • Type of Company Name in the text area and click “Next”.

  • Click on “Go to Stripe” to login into and attach your Stripe account

  • Enter your login information.

You're done! You successfully added your Stripe Account.

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