Summary

A business owned and typically operated by one person. Often the business license would have been created using personal information without creating a separate legal entity.

Verify Business Information

• Fill in the information for the Sole Proprietorship/Individually owned and click the continue button.
• The Legal business name can be found on the IRS confirmation letters, for verification make sure that the full legal name as it is registered with the IRS, this is everything above the address on the letter. See the screen capture to the below (1).
• Sole Proprietorship/Individually owned has the option to use the owners Social Security number for tax purposes or a Employer Identification Number (EIN). See the screen capture below (2). Enter in this information in the space provided, and the verification field, the SSN will be captured on the next screen.
• Select if the Sole Proprietorship/Individually owned has a DBA name or not.

Below is a screen shot’s of the first page to be filled out by the merchant: (First is if using the SSN of the owner, second is using an EIN)

<aside> 💡 Note: Above is a screen shot for setup using the owners SSN.

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<aside> 💡 Note: The above is a screen shot for setup using an EIN.

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Verify Owner

The second page of the application is for the business representative to enter in their information.

• Fill in the details of the user, the name, address, phone number and the last 4 digits of the Social Security number or ITN.

<aside> 💡 Note: The system will attempt to validate with the last 4 digits of the SSN, but will ask for the full number if it is unable to validate with the last 4.

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Bank Account For Payouts