The Rain Payments onboarding application is a form used to collect required information about an individual or business planning on accepting payments through our platform. This application can quickly and easily be filled out by an authorized representative or an owner of the business.

All information is collected and stored securely using the latest in KYC Compliance standards. Additional details about why we collect this data can be found by referencing our Service Agreement.

Filling out the application

Completing your Rain Payments application can be done in as few as 5 short steps:

1. Selecting your business type
2. Telling us a little about your business
3. Filling out some information about yourself and/or the business owner
4. Adding a bank account for deposits
5. Verifying all the information you submitted is correct

1. Selecting the right business type

Not sure which Business Type or Structure to select? Please consult the guidance below for helpful tips in selecting the right information.

• If you filed documentation to register your business with a government agency then your Business Type is likely to be a Corporation or a Sole Proprietorship.
• If you have not filed paperwork to register as a business entity then your Business Type is likely to be Individual.
• If you have registered your legal entity as a nonprofit or charity, your Business Type is likely to be a Non-Profit organization.
• If you are unsure of your Business Structure, refer to the documents you filed to register your business, or consult your lawyer or tax professional.

2. Adding your Business Details

This section asks for basic information about your business such as the registered address, website, and other details. We use some of this information, like your tax identification number, to verify your business and make sure we’re recording sales appropriately.

The tools we use to verify your business are very sensitive and sometimes small mistakes can cause the verification to fail. Please reference the tips below to ensure your details are submitted successfully:

• In the United States, the combination of your Legal Business Name and Employer Identification Number (EIN) must exactly match the one listed on your IRS documents (e.g., Letter 147C or SS-4 Confirmation letter), including capitalization and punctuation.