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Unfortunately, I'm not based in Canada or US. I tried signing up as a business to find more users for my app [1] but the country dropdown was a blocker. Is thi
by alin23 5y ago
Unfortunately, I'm not based in Canada or US. I tried signing up as a business to find more users for my app [1] but the country dropdown was a blocker.
Is this for legal/tax reasons? Too much paperwork?
I can totally understand, I'm just curious of the limitations.
[1] https://lunar.fyi https://lunar.fyi
- jensenbox 5y agoIt comes down to how Stripe handles payouts. I walked into the process thinking "This is going to be great! I can work with all the currecies that Stripe supports!" But, the reality is, to do payouts, you have to keep all the currency in the same country - so I had to craft both a US and Canadian business entity so that the banking could flow as they allow. I do intend on bringing up more business entities in other countries but I am limited on my resources available to expand at this time. What country are you in? Thanks for the great feedback - keep it coming!
- alin23 5y agoI’m from Romania. Not exactly the country you’d be eager to expand to. But I’ve been using Wise (former TransferWise) to receive ACH payments and payouts from Stripe in an US based bank account. So it should be possible to have any business/advertisers from any country as long as they provide an US/Canadian bank account.
- jensenbox 5y agoI suspect you are right. I could probably open up registration to all countries but with the disclaimer that you would need a US or Canadian bank (or whatever we offer at the time) account.