Multiple separate accounts
Learn how to create and manage multiple separate Stripe accounts.
You must use separate Stripe accounts for projects, websites, or businesses that operate independently from one another. When you activate a new account, itâs subject to Stripeâs standard policies and pricingâit doesnât inherit any special status or other similar considerations that might apply to your existing account.
Note
If you operate multiple accounts related to the same business, such as for local acquiring or maintaining separate business lines, you can create an organization for centralized reporting and management.
You can create additional Stripe accounts associated with your email address. You might create some accounts yourself, or you might be given access to other accounts as a team member. To create a new account, click on the name of your current Stripe account in the upper-left corner, and select New account. To switch the account youâre currently viewing in the Dashboard, click on the name of your current Stripe account in the upper-left corner and then select the account to switch to.
Using additional accounts has a number of benefits:
Separate tax and legal entity information: You can only associate each account with the tax ID and legal entity of one business. If you operate multiple businesses that have separate tax ID information (for example, separate legal entities), you must create additional accounts for each.
Unique statement descriptor and public business information: Using the same Stripe account for separate businesses can cause confusion as the public business information used is the same for both. For example, a customer who purchases from your business âXYZâ might see a charge from your business âABCâ on their statement, potentially resulting in a dispute. Each additional account has its own public information to accurately describe your business and payments.
Reporting and reconciliation: Separating the payments processed by your businesses helps you find payments, create and export reports, and reconcile payouts to your bank account.
Payouts to separate bank accounts: Each additional account can use a separate bank account for payouts (although you can use the same bank account if you want).
When you have multiple projects or businesses that operate under the same legal entity, you can use the same tax ID and business information across multiple accounts. Make sure to provide suitable public business information to avoid customer confusion.