I want to share with you simple Method for getting Stripe wherever you are in this big World
And I'm this good because I see everyone is struggling with Payment Gateway!
I decided to try Stripe and had to find a fast and legal way to accept it without being resident of the supported countries.
As for now I know it's functioning well, but the thing is I don't know how long will it drive but if something happens then just open a new one
So here is the method to GET STRIPE and live forever:
The normal way is to form an LLC (Limited Liability Company) or C-corp in the US and open the bank account; however, even if the process of LLC opening is simple and can be done remotely, there are no banks in the US that are willing to open an account without the potential owner first visiting the branch.
Also, Stripe requires you to enter SSN or EIN to verify your identity, which stops 90% of people in their tracks.
The good news: Yes! You can get an EIN being a foreigner AND remotely, which is enough for Stripe to activate your account.
To proceed you'll need a few crucial things:
A US bank account
A SSN or EIN
U.S. Address ( I used $10 USAMail for this or just use any POBox System, you just need address)
TextNow or Sonetel for approving Stripe Account to proceed with transactions (they will hold it if you don't do that)
1) Bank Account
Thank God there is PAYONEER! – payment system that can provide you with a prepaid MasterCard AND has the ability to accept ACH transfers from US Companies - exactly what is used by Stripe to conduct a payout.
Registration for Payoneer is straightforward and if you want, you can use my link to get $25 to your account. Once you're done they will send you the card (MasterCard), however you don't need to wait to receive it and can start accepting payments from Stripe right away.
2) SSN / EIN
This article is for foreigners and I assume you know nothing about SSN (Social Security Number). One thing you should know though is that it's IMPOSSIBLE to get it.
The alternative to SSN is EIN – an Employer Identification Number (EIN), also known as a Federal Tax Identification Number, which is used to identify a business entity.
To get the EIN you'll need to make a call to the IRS (Internal Revenue Service) and do some homework:
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.
I understand you live in Turkey, I live in Ghana but I was able to lunch my dropshipping business with this guide I found online. Here is the link, you can use it to lunch your business today. It combines USA LLC, USA toll free numbers, stripe and the rest you need to start https://ecommerceintegrity.com/start-dropshipping/
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!
Hmmm payoneer is not a payment gateway but you can connect it to your USA payment gateway. Is that why you mean?
However you can use Stripe and Flutterwave payment gateways from everywhere in the world, you don't have to live in the USA. I live in Ghana and the guide below helped me to set up my dropshipping business, first I registered my LLC in the USA https://ecommerceintegrity.com/start-dropshipping/
If any of you need a phone number for your store or even need a USA number for SMS verification, all can be obtained here. See this guide and locate the section on USA phone number, I set up my business with this guide: https://ecommerceintegrity.com/start-dropshipping/
Has anyone received this email from Stripe? What did You answer and how did it go?
Thanks for using Stripe!
We're writing to request some additional information that we couldn't verify using your account. In order to continue transferring funds to you on time, would you mind providing the following information:
tracking numbers for your shipments
a 8-9 photos of your inventory
receipts or proof of contract with the vendors for your business
a social media profile for you or your business (i.e. Facebook or Twitter) that has the email associated with your Stripe account in the about section of your profile
a contact section on your site including a phone number and physical address for customers to contact should they need to get in touch with you
Any documents or photos can be attached in your reply to this email. As soon as we can verify these details, your account will be all set to again automatically transfer funds to your bank account.
NO I haven't received that before, it looks strange, what kind of products are you selling, and are you using an LLC to register, it the fastest way. I used this guide to start Dropshipping and it was that easy to use Stripe and Fluttawave, see it here https://ecommerceintegrity.com/start-dropshipping/