We all agree that setting up an E-Commerce business has great challenges.
From choosing the best niche to finding the winning products are the main cause of a major headache.
But something that is really one of the main causes of headaches is choosing a payment gateway that suits our online business. After researching we realized that Stripe is one of the best options when it comes to choosing a payment gateway for our ECommerce.
Stripe has become an improved version of PayPal due to its countless features and functionalities that only benefit e-commerce business owners.
Did you know that one of the main reasons why customers abandon their purchase right at the time of payment is because they cannot find a quick payment option with a credit or debit card? When a customer comes across PayPal, Bank Transfer or Cash, you automatically lose the sale.
Stripe was born to remove these barriers and increase the conversion rate by 30% by allowing the customer to pay instantly without having to leave the Checkout.
Why is Stripe one of the best online payment gateways?
- Stripe is flexible when it comes to payments, allowing all major credit and debit cards, as well as accepting Bitcoin, Android Pay, Amazon Pay, and Apple Pay.
- Major companies like Amazon, Uber, Google, Zoom, Facebook, Expedia and many more have joined and use it as their primary form of payment.
- Stripe has one of the lowest fees on the market, starting at 2.9% + USD0.30 per transaction and an additional 1% for international cards.
- It easily integrates with any e-commerce system or platform including Shopify, WooCommerce, Magento and Prestashop.
- The customer does not need to have an associated account since they can pay directly on your website or digital platform using only their card details.
- You don't need a website to accept card payments because Stripe has its own Checkout system, allowing you to charge even from person to person.
Now that you have learned about the advantages of using Stripe, you are now interested in using this powerful online payment gateway to start processing card payments in your e-commerce/dropshipping store, web/mobile application or any other digital platform.
The problem is that Stripe is only available to residents of the US and a few other countries.
See list of available countries
Surely your country is not on the previous list and you feel frustrated, but do not lose hope… IT IS POSSIBLE TO OBTAIN STRIPE outside the United States and legally.
How can you have Stripe outside the United States?
All that is required or needed is to register a business in the US and use that information to activate and verify a Stripe account.
It's very simple to have your own Verified Stripe account for this you will need:
- EIN (Employer Identification Number)
- US Physical Address
- US phone number
- US bank account
But before you feel bad for not knowing where to start to get all of the above, let us tell you that you are in the right place so that you can receive the above list for a relatively low price.
Stripe clearly states “If you are not a US citizen and have a US business with an EIN you can open a Stripe account”
To obtain a valid EIN you can use our services or the services of TWOCOMPANY.
You will receive your EIN number in less than 24 hours by sending you a legal document via email.
To get a bank account in the US without having to travel, simply use Payoneer, a platform used by Amazon, Google, Airbnb, Upwork, Adobe and hundreds of other companies to pay millions of individuals around the world.
Thanks to Payoneer you can have a bank account in the United States for free, and for just a few dollars you can receive a debit card at your own home.
You just have to register and follow the steps of the form, it will ask for your name, email, date of birth and some security questions, then your account will be evaluated requesting an identity document or driver's license, at the end you will have to answer some basic questions about your business and that's it, the interesting thing about Payoneer is that you can receive Stripe funds in a local bank.
With Payoneer you can receive payments from Amazon FBA and Google Adsense without any problem, if you want to make transfers to banks in the United States you will have to pay 2% for each transfer.
To get a number in the US, it is as simple as opening an email and using TextNow, a platform that will allow you to have a virtual number (which will later become real) in the United States for free.
Remember that you will need to choose an area code based on the US address you enter.
Finally, to have an address in the US there are different ways, one of them and the simplest is to put the address of a family member or friend, you can also use the address of your courier and if you are interested you can use the Viabox service which for free you can have an address forever in the United States.
Other services you can use are:
NOW WE ARE READY
With our EIN number, US bank account, phone number and address, we are 100% ready to apply for and verify a Stripe account.
In conclusion
With the above method you will be able to have a fully verified Stripe account ready to process online card payments without any problems.
For more information and any questions, do not hesitate to contact us. We currently have the “Stripe Account Activation” service for a price of US$$500 ALL INCLUSIVE, which will allow you to focus on your business and we will focus on providing you with a Verified Stripe account.
Some frequently asked questions are:
- Do I need to have a store before activating a Stripe account? | Yes, you need to have an online store or website that can be validated by Stripe.
- What if I need help integrating Stripe into my online store? | You can contact us and we will gladly assist you.
- Can Stripe close my account? | As long as you follow our advice you will not have any problems with your Stripe account
- Do I need an SSL? | If it is essential for Stripe
5 Comments
Hey! I would like to use Stripe, but what are the tax implications of doing so? Do I need to report income in the US? How can I do that?
Hello, we register a valid non-resident EIN in the United States to activate and verify a Stripe account. If you are a resident of the United States or do business directly with said EIN, it is necessary to report taxes and you will need to speak with an accountant for this.
Hello, good morning, with this Stripe account that you mentioned, can I present the prices in my e-commerce in Dominican pesos, as well as charge them in our currency?
Hello, yes, thanks to Stripe you can present the prices in Dominican Pesos DOP and charge in the same currency
Super interesting contribution!!!