How to apply for the GoSite Payments tool and answers to your application questions
The GoSite Payments tool allows your customers to pay you online, from their smartphones, through text messaging, or face-to-face. Learn more about Payments here!
To start using the Payments tool you must first apply through our partner Stripe, right from within your GoSite Dashboard. This article will guide you through how to access your Payments application and answer questions you may have about the application and process.
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Having the information required for the Payments application is a very important step, and being accurate and honest when filling out the application allows us to process your application quickly.
You should have the following ready before you get started:
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An account with GoSite.
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Don't have an account yet? Sign up for your free trial at www.gosite.com.
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The registration information for your business.
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Your date of birth and Social Security number.
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If the business is not in your name, you will need the business owner's date of birth and Social Security number.
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Your business bank account number and routing number (or your online banking system logins).
You can apply for Payments from both your computer and mobile phone. Follow the below steps to apply from your computer:
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Log in to GoSite on your computer.
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Select "Payments" from the left-hand side of the dashboard.
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Click the "Activate Invoices" button to enable invoices.
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Click the "Activate Payments" button.
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On the next page, click the "Start Accepting Payments" button to begin the application.
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Follow the prompts to complete and submit your application.
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Open your GoSite app and sign in.
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Select "Payments."
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Click the "Activate Invoices" button.
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Click the "Activate Payments" button and follow the prompts to complete and submit your application.
How long does it take to complete the Payments application?
About 10 minutes.
What type of ownership should I select?
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Individual / Sole Proprietorship: "A sole proprietor is someone who owns an unincorporated business by himself or herself."
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Partnership: "...the relationship between two or more people to do trade or business. Each person contributes money, property, labor or skill, and shares in the profits and losses of the business."
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LLC: "...a business structure allowed by state statute." (Read more on the IRS website)
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Private Corporation: A corporation that is not publicly traded
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Public Corporation: A publicly traded corporation
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Non-Profit Organization: An organization that is "tax-exempt under Internal Revenue Code Section 501(c)(3)."
When will I find out if I am eligible?
After you submit your application it will be reviewed by our processing partner, Stripe. Within just a few minutes, Stripe will reach out to you and either request additional documentation, if necessary, or approve you to use the latest version of the Payments tool.
Note: Our eligibility criteria is constantly changing as we improve our Payments tool, so if you aren’t approved at first you may be eligible at a later date.
Why does GoSite require an application?
Before financial institutions allow businesses to process payments, they are required to verify the identity of their customers in a process called Know Your Customer. The GoSite Payments tool application exists to verify your identity and that your business is in good standing and suitable to maintain a merchant account based on the Know Your Customer (KYC) Guidelines.
Will applying for the Payments tool affect my credit score?
Nope! The application relies on a "soft" credit pull that will not impact your credit score.
Still need help?
Visit us at gosite.com to chat, or email us at help@gosite.com.