Payment gateways post the biggest challenge to anyone running a Shopify dropshipping business, today I’m going to highlight on ways to get a Stripe account for Shopify Store from anywhere in the word.
In the post, you are going to learn a lot about how to get the account and how to activate it for a successful e-commerce dropshipping business.
Summary of the posts includes:
- How to Get US Telephone Number (via Skype)
- How to Get EIN Number From IRS (via Phone call)
- Best ways of Getting a legit US bank Account (Virtual US Bank Account)
- US Mailing Address (Various Websites offer such services, e.g., Shoptomydoor which is very popular at ranges from $10 mostly used by Amazon Sellers.
Simple Guide how to get stripe account for Shopify account
To get started it’s obvious we have to head over to the official stripe website stripe and click on sign up, create a new account if you’ve never signed up on the site.
1.Getting USA Bank Account
Have you ever heard of Payoneer global payment services? Well, I have been using Payoneer to obtain payment from freelancing sites like upwork from years back.
The payment services give you an opportunity to receive and send money to anyone in the world and also offers you a virtual USA bank account. That would be our first step to get your Stripe account for Shopify store.
To get US bank account is straightforward with Payoneer services, Just register on their portal and you good to go.Payoneer also mails you Mastercard sent straight to your doorstep.
The card can be used to pay for goods, withdraw and shop online but you don’t have to wait for the card to arrive to start using Payoneer services.
The Payoneer MasterCard can take 30-45 days to reach your destination, or you can use their DHL premium services, and the card will take 3-5 days for a small fee.
Now that you’ve registered for Payoneer and have a USA bank account you can start accepting payments from stripe account straight away. Do you have Payoneer? If Not Sign Up Now.
Now that you are sorted with US Virtual Bank account by Payoneer, its time to sort out the elephant in the room.
Social Security Number (SSN), is a unique number associated with US citizens only. By assumption, I believe you are not US citizen thus why you are reading this.
But anyway one vital thing you should be away of, getting is no joke, in fact, many close their Shopify shops due to lack of SSN.
So can one get SSN? Well, the alternative to SSN is EIN which is Employer Identification Number also goes by the name Federal Tax Identification Number, EIN is used widely to identify a business entity.
Now its time you dial some numbers and make some calls to the IRS to get your EIN, to get the EIN you’ll need to call the Internal Revenue Services and ensure you have;
- Downloaded the form and filled it before you made the call
- Call the internal revenue services via (number – (800) 829-4933) the agenda of calling is to get an EIN, you are required to send the form you downloaded by fax but just have the form at hand answer the fields you already filled.
If you don’t have a fax Machine, the operator will ask you to do it by phone just ensure the following.
- You are required to have the form on hand and dictate the fields asked by the operator
- In less than 10 minutes you will have your EIN, the same sent via your mail to your country of origin
3.Setting Up Stripe Account
Now that you have your EIN log into your storage account and switch the account mode from LIve/Test to LIve and activate your stripe account.
Still, on the stripe, you will be required to verify your mobile phone number. Hence they send a text code verification to your us number.
Phone verification is required to fully activate your account for withdrawals.
Next step would be to fill in your stripe account for your Shopify store, make sure you fill in exact information you have at hand.
Country: Unites states
Business Type: Individual or sole proprietorship
EIN: Enter the number IRS gave you
Address: Enter any mail forwarding US (PO BOX format)
Phone number: Use skype Numbers and avoid free US number services they will detect it and deactivate your account.
SSN: Enter 0000
US Bank Account: Log into your Payoneer account and check under Global Payment services, take all the bank details on that tab including bank name, account number, routing, account type and fill it in in your stripe account for Shopify store.
If you just followed the outlined instriuctions above, then you’ve successfully not only created but also activated your stripe account for dropshipping business. we are not done yet with the topic of Stripe account for Shopify.Lets continue..
Are we done? Nope! You need few vital things for smooth operation.
For your stripe account to be active, you need to at least get money in it within 7 days of opening it.This will help you not have any issues with your stripe account in future.
After you’ve received the payment in your account, you are required to change the setting in your payouts to manual
After all that is done, in case you experience delays n your payment you can call stripe more custom care your US skype number and inquire about the delayed payments.
The customer support will ask you for your current location, just alert them that you not in the US now, but your details are valid and legit.
Talking about your details, kindly maintain the skype number for at least 60 days or 30 days.
That’s all you need to know about how to get Stripe account for Shopify if you have any other better ways you’ve come across kindly share with us in the comment section below.