Who This Guide Is For
If you’re organizing a trip on SquadTrip and need to connect Stripe to collect payments—but aren’t sure how to answer Stripe’s setup questions—this guide is for you.
We’ve included examples and instructions for:
Personal trips (e.g., weddings, birthdays, reunions)
Sole proprietors (freelancers, first-time organizers)
LLCs and formal travel businesses
You’ll know exactly what to choose or write at every step—so you can get approved, avoid delays, and start collecting payments with confidence.
Table of Contents
Business Type
Business Name
Business Address
Business Website
Business Description
Tax ID / SSN
Bank Account Info
Statement Descriptor
Best Practices to Avoid Flags
1. Business Type
Choose the option that matches how you’re organizing your trip.
Your Situation | Select This |
Planning a personal trip (wedding, birthday, etc.) | Individual / Sole Proprietor |
Solo organizer using your name, not registered | Individual / Sole Proprietor |
You’ve registered an LLC or corporation | Company |
Working with a partner in an unincorporated business | Partnership |
2. Business Name
Your Situation | What to Enter |
Personal trip | Your full name (e.g., Ashley Thompson) |
Sole proprietor, no LLC | Your full name or brand name (e.g., Trips by Jamie) |
LLC or corporation | Legal business name (e.g., Elevated Journeys LLC) |
3. Business Address
Situation | What to Use |
No business address | Your home address |
Business address | Use your office or official mailing address |
Note: No P.O. Boxes—Stripe requires a physical location.
4. Business Website
If You Have… | Enter This |
SquadTrip trip page | Your trip link (e.g., https://squadtrip.com/trips/jamaica-birthday-2025) |
Your own website | Your website URL |
Travel Instagram/Facebook/LinkedIn | Public profile link |
None of the above | Leave blank, and complete the Business Description |
5. Business Description
Tell Stripe:
What you’re collecting money for
When the trip/service will take place
How customers are paying
Examples:
Personal Trip:
“I’m organizing a group trip for my birthday. Friends and family are paying through SquadTrip. The trip takes place in July 2025 and includes shared lodging and activities.”Sole Proprietor:
“I plan and manage group travel experiences. Customers pay through SquadTrip using payment plans. Trips happen 3–6 months after initial payment and include lodging, activities, and support.”LLC:
“We operate guided group trips. Guests book through SquadTrip and pay in full or installments. Trips include accommodations, activities, and concierge service.”
6. Tax ID / SSN
Situation | What to Enter |
Personal trip / Sole proprietor | Last 4 digits of your SSN |
LLC with EIN | Your EIN (Employer ID Number) |
7. Bank Account Info
Stripe requires a U.S.-based bank account for payouts.
Role | Recommended Bank Type |
Personal trip | Use a personal account (or open a separate one) |
Sole proprietor | Use a personal or business account |
LLC | Use a business account linked to your EIN |
8. Statement Descriptor
This is what travelers see on their credit card statements. Keep it short and relevant.
Trip Type | Example |
Birthday Trip | TulumBash2025 |
Wedding Trip | NiaAndJamesWedding |
Business Brand | TripsByJamie / ElevatedJournys |
9. Best Practices to Avoid Flags
Provide a clear and accurate business description
Use your SquadTrip trip link or a public social profile if you don’t have a website
Never leave the business description blank
Choose the correct industry (e.g., Events, Travel—not Retail)
Respond quickly to any Stripe verification emails
Still Not Sure What to Enter?
Stripe simply wants to understand who is collecting money and why. We’ll help you make that clear—so you can get set up and start collecting payments without delays.
We’re happy to help. Email us at [email protected] and we’ll walk you through each step.