Hi everyone,
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)
NOW LET'S GET TO BUSINESS!
FIRST THING FIRST REGISTER FOR STRIPE ACCOUNT
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:
- Download the form and fill it in beforehand.
- Call the IRS (number – (800) 829-4933) and say that you need an EIN. They will ask you to send the form by fax, but just say that you do not have a fax machine and would like to do it by phone.
- The operator will ask you to have the form on hand and dictate fields.
- In 10 minutes you'll have an EIN number which also will be sent to you by mail (in your home country).
The only other thing worth doing is asking the IRS about filing a tax return. In my case they told: "We don't care, just pay in your home country".
When you have your EIN, you can go to Stripe and switch the LIVE/TEST switcher to LIVE, then click Activate Account.
You have to fill out all the fields, but be careful with the following. Here is what you should choose:
Country: United States
Business type: Individual / Sole Proprietorship
EIN: The number you've received
Address: Any mail-forwarding address in the US (PO Box Address)
Phone: Real US phone number (
get it here and forward to your phone) or FREE Solution is
TextNow
SSN: 0000
Bank Account: Log in to your Payoneer account, click Receive -> Global Payment Service and copy all the bank info from there.
And that's it. Accept your payments!
If you have any additional questions please feel free to ask I'll do my best to answer it.
CHEERS!
