Momentus Payments is an end-to-end payment solution designed for the events industry. Combining a payment gateway and merchant account, Momentus Payments is the easiest way to accept payments within Momentus software. You can start accepting credit card payments as soon as you complete your onboarding.
If you are interested in Momentus Payments, contact us.
Onboard Momentus Payments
Once the sales process is complete and Client Success has enabled payment gateways on your account, you will go through an onboarding process to activate Momentus Payments.
When activating Momentus Payments, customers are required to provide information about their organization as well as personal information of certain individuals connected to the organization. These requirements are set by regulatory bodies around the world. Their purpose is to confirm the identity of anyone accepting electronic payments and prevent abuse of the financial system. Required information includes:
- Type of business
- Business structure
- Legal business name
- Employer Identification Number (EIN)
- DBA name
- Registered business address
- Business phone number
- Industry
- Business website
- Information about any individuals who own more than 25% of the organization, including last four digits of their SSN
- A voided check or bank document with accounts receivable information on it
To begin the onboarding process:
- Click on your name in the upper left corner and select System Admin to access the Admin console.
- Go to Settings > Payments.
- Click the pencil by Payment Gateway to open the Edit Payment Gateway slider.
If you do not see a pencil, payment gateways have not been enabled on your account. Please contact us.
- In the drop down select Momentus Payments.
- Click Next.
- Select an option in the Configuration field:
- If you have already onboarded with Momentus Payments, select Existing Merchant Account. Add the Stripe Connect ID and click Save. You're good to go!
- If you have not onboarded yet, select New Merchant Account and continue following these instructions.
- Enter your name and email address.
- Click Save.
- The onboarding status of your account will display as Restricted. You are not able to process payments until the onboarding process is Complete.
- Gather required information (see above).
- Click Open Onboarding Form. You will be taken to a third-party website.
- You are now on the Momentus Payments setup page. Momentus partners with Stripe to ensure the compliance and security of Momentus Payments.
Depending on your answer to questions (including business type and business structure) certain pages in this form may look different for you than in the screenshots.
- In this form:
- In the Type of business field select the type of business.
If you are you are a registered 501(c)(3), select Non-profit.
- If you selected Company, the Business structure field will appear. Select the appropriate business structure.
- Click Continue.
- In the Type of business field select the type of business.
- On the next page, add the following information and click Continue:
- The legal business name
- Your Employer Identification Number (EIN)
- If you use a DBA (Doing Business As) name, you can add that.
- The registered address of your business
- The business phone number
- An industry
- The business website
- Add the information of the person who is representing the business and click Continue:
- Legal name
- Email address
- Job title
- Date of birth
- Home address
- Phone number
- Last four digits of their Social Security number. This can be skipped for now, but it will be required - the Payments team will contact you regarding it.
- Check if this person owns more than 25% of the company
- Add any additional business owners, if needed, otherwise click Continue with no owners.
- Click Agree & Submit.
- You will receive a confirmation message that your form has been successfully submitted.