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Why do I need to verify Stripe?

Understand why Stripe verification is required to take payments.

Why Use This Feature?

Verifying Stripe is essential for compliance and ensures you can collect payments from clients and receive payouts to your bank. Without verification, payment processing and account management will not work.

Step-by-Step Instructions

  1. When setting up payments in LegitFit, you’ll be prompted to verify your Stripe account.

  2. This step is mandatory because:

    • Stripe is legally required to verify all account holders under financial regulations.

    • Verification confirms your identity or company details, helping to prevent fraud and money laundering.

    • Payments cannot be processed until verification is complete.

  3. Once verified, you’ll be able to:

    • Accept payments from clients through LegitFit.

    • Receive payouts directly to your bank account.

What Happens Next

After verification, Stripe will allow you to process payments without interruption. Your business will also remain compliant with financial regulations.

Success Tip

Complete verification as soon as you create your Stripe account in LegitFit to avoid delays.