Yes, to accept your payment, your vendor will need to create a Fincent account and complete verification.
Fincent partners with Stripe for secure payment processing, and they require us to collect information about the person or company receiving funds.
Data we share with Stripe for verification may include information about your vendor’s business’s legal entity and personal information about their business representatives and those who own or control it.
Verification is usually instant, but we may require additional information in some cases, such as a scan of a valid government-issued ID and/or proof of address. If so, Fincent alerts your vendor.
Note: You must be on the Starting, Growing, or Thriving plan to make payments in Fincent.