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.