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Connecting Bank with Stripe: A Step-by-Step Guide for Welld Users

Connect banking info to a Stripe account in Welld

From the Welld Admin Dashboard you will see the CONNECT BANKING INFORMATION button. There will be a short pause while Stripe loads a secure link.  

A new window will appear with a check list of information needed to set up and finish the Stripe account process.

Select your club location from the drop list. Click CONTINUE to proceed to the Stripe website. 

Create your Stripe Account

There are several steps within Stripe that will need to be completed. We will cover the basics here. 

  • Enter an email address for your account. 
  • Enter a mobile phone number. After entering your phone number click Continue. This will trigger the text from Stripe to your cell phone. 

  • Once you receive the 6 digit number from Stripe, enter it on the screen. If the code is correct you will automatically be taken to the next screen. 

  • Enter your business info in the appropriate fields including: country, business type, business structure, legal business name and EIN. 

NOTE! Please always choose Company for Type of Business. The other choices in Stripe do not apply for a club or franchise account. 

Screenshot 2023-04-12 at 12.48.50 PM
  • Continue through the business info screens. 

Screenshot 2023-04-12 at 1.14.29 PM

  • Enter bank account info in the Account Payout section of Stripe by clicking on "Bank Account" or "Debit Card". 

If your banking institution is not an available option via the prepopulated list in Stripe, enter your banking information manually by clicking "Enter Your Bank Details Manually", located in the bottom left corner of the screen.

The last page in Stripe shows a preview of all the info you entered. Any missing info will be highlighted in red. You cannot finalize the Stripe account until all missing or incorrect info has been fixed. Click Submit to finalize the account. 

Please note that hitting the back button on your browser, or refreshing the page, while on the Stripe site, you will be returned back to the Welld Dashboard.

NOTE: If the Stripe set up process is not completed in one sitting then the account will become restricted.

See the instructions below on how to edit an existing Stripe account that was already connected to Welld. 

Editing an existing Stripe account from Welld:

From the Welld Dashboard, click on the CONNECT BANKING INFORMATION button. You can now see a message regarding initiated/completed Stripe accounts. 

  • By choosing an existing account location from the drop list, and clicking the continue, Stripe will automatically take you back to the last Stripe screen visited in the sign up process. 
  • By choosing a new location from the drop list, and clicking continue, Stripe will start a new account for this location from the starting Stripe page. 



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