When you are a beginner, time and money are both limited. Because most startups wait…
Payment gateways pose the biggest challenge to anyone running a Shopify dropshipping business; today, I will highlight ways to create a US Stripe Account for dropshipping businesses from anywhere in the world.
How to get a US stripe account for a 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 Wise Account, formerly Transferwise? I have used Wise for years to obtain payment from freelancing sites like Upwork and send money from a stripe account to my virtual US bank account on the Wise platform.
The payment services allow you to receive and send money to anyone worldwide and offer you a virtual USA bank account. That would be our first step to getting your US Stripe account for the Shopify store.
With Wise services, getting a US bank account is straightforward; register on their portal, and you are good to go. Wise 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 Wise services.
The Wise 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.
To get the Mastercard, you must be located in one of the countries listed on wise for card availability.
Now that you’ve registered for Wise and have a USA bank account you can start accepting payments from the stripe account immediately.
Do you have a Wise Account? If Not, Sign Up Now.
2. Your EIN/SSN
Now that you are sorted with a US Virtual Bank account by Wise, it’s 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 a US citizen, thus why you are reading this.
But anyway, one vital thing you should be away of, getting one is no joke; in fact, many close their Shopify shops due to a lack of SSN.
So can one get SSN? The alternative to SSN is EIN, an Employer Identification Number that goes by Federal Tax Identification Number; EIN is used widely to identify a business entity.
Now it’s time you dial some numbers and call 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 fill it out 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 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 ensure the following.
- You must have the form on hand and dictate the fields the operator asks.
- 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 switch the account mode from LIve/Test to LIve, and activate your stripe account.
Still, you will be required to verify your mobile phone number on the stripe. Hence they send a text code verification to your us number.
Phone verification is required to activate your account for withdrawals fully.
The next step would be to fill in your stripe account for your Shopify store, making sure you fill in the exact information you have.
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 Wise account and check under Manage. Then, account details take all the US Balance bank details on that tab, including bank name, account number, routing, and account type, and fill it in in your stripe account for the Shopify store.
If you followed the outlined instructions above, you’ve successfully created and activated your stripe account for a dropshipping business. We are not done yet with the topic of the Stripe account for Shopify.
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Are we done? Nope! You need a few vital things for smooth operation.
For your US stripe account to be active, you must at least get money within 7 days of opening it. This will help you not have any future issues with your stripe account.
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 at your US skype number and inquire about the delayed payments.
Customer support will ask you for your current location and alert them that you are 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 getting a US Stripe account for dropshipping business without having to set foot in the United States Of America.
If you have any other better ways you’ve come across, kindly share them with us in the comment section below.
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