Setting up a Payout Account

Receiving Payments

If you're a merchant, to receive payments for orders placed through PlayersOnly Connect (Violet), you’ll need to connect a bank account via Stripe. Connected apps leverage Stripe Connect to make the onboarding process seamless. You can either create a Stripe Connect Express account specifically for handling transactions through your connected app's payment platform or link your existing Stripe Standard account via OAuth.

Choosing Your Stripe Account Type

Stripe Express Account

A Stripe Express account is a fast and easy way to set up payouts. Companies like DoorDash, Lyft, and Shopify use Stripe Express for their payment processes. With this setup, you can:

• Quickly onboard with streamlined KYC (Know Your Customer) verification.

• Manage your payout schedule directly from Stripe.

• Keep all sensitive data securely stored within Stripe.

This account is dedicated to handling your payouts from Violet and cannot be used for external transactions. On the Stripe dashboard, they can click on the transactions tab to see payments from Violet as well Stripe Payouts to their bank account. They can filter by date and export the data to CSV.