[METHOD] STRIPE Payment Gateway

Anyone else here using paypal gateway only? and how's your business going? not try this way yet, because my country doesnt include Stripe list
I'm currently using two companies to get payments from my customers which are PayPal & Payoneer. However I heard a lot about Stripe payment gateway but unfortunately it doesn't work in my country and therefore I had to apply for PayPal & Payoneer. Even though, the Payoneer fees (Listed here) compared to Stripe are too much high but I didn't had any other way to setup my business online. So hopefully PayPal & Payoneer will work for you if you would give them a TRY!
 
I'm currently using two companies to get payments from my customers which are PayPal & Payoneer. However I heard a lot about Stripe payment gateway but unfortunately it doesn't work in my country and therefore I had to apply for PayPal & Payoneer. Even though, the Payoneer fees (Listed here) compared to Stripe are too much high but I didn't had any other way to setup my business online. So hopefully PayPal & Payoneer will work for you if you would give them a TRY!
Payoneer is not a payment gateway, can you explain how are you using it to process payments ?
 

otk

Active Member
Today I received a letter from Stripe:

We're reaching out to let you know that the Taxpayer Identification Number (TIN) and name provided for NAME do not match Internal Revenue Service (IRS) records. Unfortunately, if your name and TIN aren't updated by October 01, 2018, we may be required to pause your payouts. Please update your information by visiting the Tax Details section under Business Settings in your dashboard or using the following link: https://dashboard.stripe.com/taxid.

The IRS considers a TIN incorrect if either the name or number shown on an account does not match the name and number combination in its files. When updating your TIN and name, we suggest reviewing your government-issued documentation, such as an SS-4 or Letter 147C. A Letter 147C is the record of how your entity is filed with the IRS, and can be requested by calling the IRS Business & Specialty Tax Line, toll free, at 1-800-829-4933.

We appreciate you taking the time to do this update. Please don't hesitate to let us know if you have any questions or need further assistance.

I have currently 0000 in the field i should edit. (see attachment) What should I do? I don't have LLC or EIN or SSN or anything else in US and i'm from Europe. It's been working fine for over 9 months so far.
 

Attachments

Today I received a letter from Stripe:

We're reaching out to let you know that the Taxpayer Identification Number (TIN) and name provided for NAME do not match Internal Revenue Service (IRS) records. Unfortunately, if your name and TIN aren't updated by October 01, 2018, we may be required to pause your payouts. Please update your information by visiting the Tax Details section under Business Settings in your dashboard or using the following link: https://dashboard.stripe.com/taxid.

The IRS considers a TIN incorrect if either the name or number shown on an account does not match the name and number combination in its files. When updating your TIN and name, we suggest reviewing your government-issued documentation, such as an SS-4 or Letter 147C. A Letter 147C is the record of how your entity is filed with the IRS, and can be requested by calling the IRS Business & Specialty Tax Line, toll free, at 1-800-829-4933.

We appreciate you taking the time to do this update. Please don't hesitate to let us know if you have any questions or need further assistance.

I have currently 0000 in the field i should edit. (see attachment) What should I do? I don't have LLC or EIN or SSN or anything else in US and i'm from Europe. It's been working fine for over 9 months so far.

you should get your EIN and type it in stripe account, mine is still running and they didn't send me email cause I typed EIN when I started all of it
 

otk

Active Member
I had entered 123456789 in the beginning. I got a EIN from IRS now through phone call, trying to enter it but Stripe doesn't recognize it. Hope it's a matter of time and it will get recognized before 1st Oct.
 
I had entered 123456789 in the beginning. I got a EIN from IRS now through phone call, trying to enter it but Stripe doesn't recognize it. Hope it's a matter of time and it will get recognized before 1st Oct.
hmm strange, did you hear it correct maybe you missed some number, mine worked perfectly when I typed it in
 

otk

Active Member
hmm strange, did you hear it correct maybe you missed some number, mine worked perfectly when I typed it in
I double checked it with her. Also double checked my name (spelled letter by letter). Wonder if it's possible to verify the EIN via phone, if i got it right and they got my name right? Gonna find out if nothing changes. Don't really want to use the 'contact us' form either in Stripe, maybe they will look at my old EIN 123456789 and decide to close my account or something.

Guys why don't you try 2checkout?? I am using this system. and you don't need to have a bank account in USA
Can't use it from my country
 
I had entered 123456789 in the beginning. I got a EIN from IRS now through phone call, trying to enter it but Stripe doesn't recognize it. Hope it's a matter of time and it will get recognized before 1st Oct.
I got the same email from Stripe and I don't have an EIN too
I got few questions please
1-Lines 4a & 4b, must be an US address and 5a & 5b my country address?
2- Do you provide real or fake informations? does it matter?
3- Lines 15 to 17, I can leave them empty?

Thank you!
 

otk

Active Member
I got the same email from Stripe and I don't have an EIN too
I got few questions please
1-Lines 4a & 4b, must be an US address and 5a & 5b my country address?
2- Do you provide real or fake informations? does it matter?
3- Lines 15 to 17, I can leave them empty?

Thank you!
I provided real information and didn't really understand which address they need. Gave them my Viabox address in full and home address with only street name and city (didn't ask for more). You just have to call them and the worker who will answer the call will ask You everything one by one so You don't really need to fill the paper before.
 
I provided real information and didn't really understand which address they need. Gave them my Viabox address in full and home address with only street name and city (didn't ask for more). You just have to call them and the worker who will answer the call will ask You everything one by one so You don't really need to fill the paper before.
Were you able to get the EIN via phone directly or you had to fax them first? because when I called them I couldn't get the option to reach an agent via phone, and they are asking to apply online
 
Got this email from STRIPE today:
"Our systems recently identified charges that appear to be unauthorized by the cardholder, meaning that the owner of the credit or debit card did not consent to these payments. This unfortunately means that we will no longer be able to accept payments for ------------.com.
Refunds will be issued in 5–7 business days, although they may take longer to appear on the cardholder's statement. Please refer to your dashboard for a list of the charges to be refunded[1].
We're sorry that we won't be able to offer you service going forward, but our restrictions here are firm. If you believe that we've made a mistake, we'd like to remedy the situation as quickly as possible. To help us effectively revisit your account, please complete the following form:
https://dashboard.stripe.com/verifications/credit_card
Once you've completed the verification, we'll revisit your account and follow up with you.
Best,
Stripe"

This was right after my third order at Stripe. But order itself looking absolutely fine - both Shopify and Stripe saying that there is no risk order, and my Stripe panel looks normal - no refunds or anything.

So do you guys had this email? Why do they want verification of my CC? I'm not from US, so I kinda lost what to do.
 
Hello everyone, new guy here. I've been accepting payments on my shopify store (dropshipping) exclusively with PayPal. Now I want to transition to Stripe (1), Shopify Payments (2) or alternative payment options (3). I've read many replies on this thread but I am afraid I still don't quite comprehend how to set things up, and I fear some methods may be outdated. So I have the following doubts:

1. Stripe explicitly establishes that dropshipping is a high-risk business. Therefore, they may hold your account and even terminate it when charge backs occur (worse case scenario). Is there a way around this? Do I just lie when creating a Stripe account? What if I lie, and a charge back occurs?

2. Shopify Payments runs via Stripe itself, are charge backs an issue too? When completing the information for Shopify Payments I see an SSN is required. I am not a US resident, but I do have an LLC, Bank of America account, and Physical address in the US. What do I input in the SSN section? Can I even process payments being outside of the US (even though I do have all of the previously mentioned things), won't they use my IP to know I'm not in the US? Using a VPN is a good way around this if that's the case?

3. Lastly, alternative methods. I tried several of them. Since I live in Mexico and my store was registered here, when I tried alternative methods I could only choose from the ones available for Mexico. However, I recently changed my store location to the LLC address. Now I have many options to choose from, but I am not sure on which one is the best. Got rejected by Conekta (they aren't too fond of dropshippers either), 2checkout also needs a ton of information and they want to see the website to evaluated it (I'm afraid they will also deny my application due to dropshipping). I am currently applying to PayU, but it only accepts payments within Mexico. What other systems do you guys recommend? Has someone used 2checkout effectively? Is it easier once you set it up as an LLC?

Important information to take into account:
  • I have an LLC in Delaware
  • EIN
  • Physical US address in Connecticut
  • US Phone number
  • US bank account (Bank of America)
  • LLC member that is a US resident (but only owns 1%)
  • I live in Mexico (just recently changed my store location to US, that's why I'm evaluating new different payment services)

Any tips or suggestions are greatly appreciated! Btw, I'm new to the forum, so if I am doing something wrong please let me know :).
 
I still don't quite comprehend how to set things up
Just follow the instructions in the link in my post above, step by step. Anyone with the intelligence level of at least a 10 year old can set it up easily. :)

Stripe explicitly establishes that dropshipping is a high-risk business.
Only if you are also in a high risk scammy country and your site looks like crap. And they don't "explicitly' state that. It's a "maybe".
 
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