MyVR only works with Stripe for merchant services. However, multiple Stripe accounts may be established so that deposits can be made to several different bank accounts for different properties or property groups.
Article Contents
- Creating sub-accounts in Stripe connected to one email
- Connect Stripe account from another owner
- Creating multiple Stripe accounts with different emails:
Creating sub-accounts in Stripe connected to one email:
Step 1:
If users have an existing Stripe account and want to add more sub-Stripe accounts under the same email, log into Stripe and follow the Stripe Help Center Instructions on how to create another account (bank account) within the original Stripe account. This will create multiple sub-accounts in Stripe for each bank account which are all housed under one email log-in.
Step 2:
After adding the sub-account in Stripe, log into MyVR.
Go to Setup > Booking & Payments > Merchant Accounts, click the Add Merchant Account button.
Step 3:
Click "+ Stripe as Merchant account." and then name the Stripe Account (match the name to the new sub-account). Click "Connect to Stripe"
Step 4:
When connecting Stripe in MyVR, choose the "Already have a Stripe account? Sign in" option in the right-hand corner. After signing in, select the new account under the Switch accounts drop-down After selecting the account, complete the form.
Note: Repeat this process in MyVR for each Stripe sub-account that should be connected to MyVR.
To assign a merchant account to a property, users will need to create a new booking policy for each merchant/bank account. On the booking policy, the designated merchant account can be set.
Assign the new booking policy to the property by going to Properties > Properties > [select property to edit] > Booking & Payment.
Connect Stripe account from another owner:
An owner has an existing Stripe account to be connected to MyVR.
Step 1:
Have the owner log into their Stripe account and add you as an administrator. See https://stripe.com/docs/dashboard/teams for directions.
Step 2:
After you have been added as an administrator user, create go to Setup > Booking & Payments > Merchant Accounts, click the Add Merchant Account button.
Step 3:
When connecting Stripe in MyVR, choose the "Login into existing account" option in the right-hand corner. After signing in, select the owner account under the Switch accounts drop-down. After selecting the account, complete the form.
To assign a merchant account to a property, users will need to create a new booking policy for each merchant/bank account. On the booking policy, the designated Merchant account can be set.
Assign the new booking policy to the property by going to Properties > Properties > [select property to edit] > Booking & Payment.
Creating multiple Stripe accounts with different emails:
If a user wants to create multiple stripe accounts with different email addresses, Head to Setup > Booking & Payments > Merchant Accounts & follow the MyVR Help Center instructions on how to create a Stripe account for MyVR.
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