Get Ready: Changes to Stripe Connect requirements are coming - Race Roster

UPCOMING PRODUCT UPDATE | Estimated Read time – 2:11

An important change is coming to Race Roster’s payment system February 9, 2026.

We’re rolling out new Stripe requirements that will impact how you get paid for your events. While these updates aren’t mandatory just yet, we strongly encourage you to set up your Stripe Payment Profile now to stay ahead of the curve.

Getting ahead of the changes early means no last-minute rushing when the new requirements take effect on February 9, 2026.

For NEW events: Effective February 9, 2026, any new events without an existing payment profile on Race Roster will be required to create one through Stripe Connect.

For EXISTING events: You can continue using your current payment profile through February 9, 2026. Any new or duplicated events going live after February 9, 2026, will require you to set up and attach a Stripe Connect payment account. This change will not interrupt any live events; however, a Stripe profile will be required for each organization to ensure we can collect and maintain up-to-date tax details in compliance with government requirements.

What is Stripe?

Stripe is Race Roster’s trusted payment partner, processing every transaction in our system.

When you choose Stripe Connect during payment profile setup, you unlock a streamlined solution to distribute funds to partners, event organizers, and fundraising organizations.

Note: Payout schedules will remain the same

Why you need to set up a Stripe account

After creating a new Stripe Payment Profile on Race Roster, you will be sent to Stripe to complete or edit your profile information. Whether you’re collecting registration fees or managing donations, you’ll need the proper documentation to verify your organization’s legitimacy.

Here’s what you need to know:

For registration fees and product sales:

If your event charges fees, the implication is that a business, company or corporation is responsible for your event in order to handle those funds.

For donation collection:

If your organization is collecting donations, the implication is that it’s an association, nonprofit or registered charity responsible for the event in order to handle those funds.

When setting up your Stripe profile, use the dropdown menu to select your organization type. This will adjust the form to show the fields you need, so you can easily enter the correct details from your finance team or accountant.

Key benefits of Stripe Connect

Streamlined payouts

Stripe Connect automates the payout process, routing funds directly to the user’s connected account.

Stripe helps with the details

Stripe manages much of the “Know Your Customer” (KYC) verification and identity requirements. They also stay current with global payment regulations, which means you can ensure you’re staying compliant from the start.

Peace of mind, powered by Stripe

Advanced built-in fraud detection and compliance tools help protect your organization from fraudulent activities, so you can focus on planning a great event.

Why it matters

Stripe Connect helps make sure all revenue and donations collected through Race Roster go to verified, legitimate organizations. If you’re an event organizer or fundraising organization, you already have what you need to get set up. Completing your payment profile on Stripe verifies your organization, builds trust, and keeps your payments flowing.