How to set up Stripe account

To set up a Stripe account, visit the Stripe website and click "Sign Up." You'll need to provide your email, create a password, and enter basic business information including your company name, type, and website. Next, complete the onboarding by submitting identity verification documents, bank account details for payouts, and tax information. Stripe will review your application, which typically takes one to two business days, after which you can start accepting payments.

For Indian freelancers and exporters receiving international payments, understanding your Stripe overview is helpful, but consider that Stripe's India presence has limitations for direct cross-border collections. Skydo offers an RBI-authorised alternative specifically built for Indian businesses, with faster setup, competitive forex rates, and seamless compliance for export invoices and freelance income. Both platforms serve different needs, so evaluate which aligns best with your payment workflows.