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Credit Card Payment Processor?

by Mihail Criclevit
1 replies
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Hi guys,

Im going to start soon my second venture on eccomerce using the dropshipping business model. All the work is almost ready now, the only problem I encounter is how do I setup an payment processor on my shopify store if I dont have the bussines registered yet. Will sites like authorize.net or stripe accept me?

Currently I have setup for paypal and bitcoins, but I would like to have a credit card processor too, because I think this will make me loose customers if I dont have in the beggining.

Thanks
#card #credit #payment #processor
  • Profile picture of the author dave_hermansen
    Shopify has their own payment solution, powered by Stripe. There are only a few questions that you have to answer. One is your business EIN and if you do not have one, they ask for your social security number. In other words, I do not think this will prevent you from using their payment processor.

    On the other hand, unless you are in one of the five tax-free states, you DO need a sales tax ID - not for payment processing but it is the law.

    Of course, all of this is assuming that you are living and selling in the U.S.
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