To enable Easy Storage Payments login to your software navigate to Payment Processing from the Setup dropdown menu.
Click Get started and follow the prompts to complete your application.
Fill out each section of the application and click Create account when you are done. When filling out the application for Easy Storage Payments, please refer to the small print advising of the most accurate information to provide (see tips below as well). Providing accurate information will result in a smooth approval process. If any information provided can not be verified ESS will send an email to the owner email that is provided on the application.
If you get an error when attempting to submit the application, please go through each field to make sure you have not accidentally entered a space before or after any entry. Also when entering bank information, DO NOT include any dashes or spaces.
Business Information:
Legal Business Name - This name has to match the name the IRS has on file with the Tax ID or EIN entered
Statement Descriptor - This is what your tenants will see on their statement. It is best to enter the Facility Name
Legal Structure - select LLC if entering an EIN and Sole Proprietor if using the facility owner's SSN
Tax ID or EIN - IRS issued EIN for business or SSN for Sole Proprietor
Facility Address - Enter the physical address of the facility, not the mailing address
Principal Signer Information:
The principal signer must have at least 25% ownership and be in a position of controlling authority in the company.
Please read through the information below the example application that explains why the SSN is required on the application
Owner Street - this needs to be the current residential address of the individual being entered on the application
Bank Account Information:
Do not add any dashes, hyphens or spaces when entering the routing and account numbers
Approval:
Your Easy Storage Payments application may be approved immediately and/or on a temporary basis along with an email confirming approval. Additional information/documents may still be requested by Easy Storage Solutions support. Applications can take up to 7 business days to be approved if further documentation is required for verification. If requested documents are not provided within 14 days, deposits will be paused until the requested information is provided and validated by our processor.
FAQ
Why do I need to provide my Social Security Number and Home Address to Open a Merchant Account?
Providing your Social Security Number and home address is a requirement when applying for most merchant services accounts. This mandate is part of the 2001 U.S. Patriot Act, and used to verify identities to protect against illicit activities.
The Act is enforced by the Office of Foreign Assets Control (OFAC), a branch of the U.S. Department of the Treasury, which is responsible for overseeing financial transactions within the United States. Merchant accounts, by definition, facilitate such transactions in real time, across the country and even internationally. Therefore, they must adhere to these requirements.
In order to remain compliant with the Act, all financial institutions are mandated to develop a Customer Identification Program (CIP), which lays out comprehensive measures to verify the identities of anyone looking to open an account. Otherwise, the OFAC would be unable to systematically prevent individuals committing money-laundering, drug trafficking, or acts of terrorism from receiving such financial services.
In order for your business to accept credit card and debit card payments, you'll need to open a merchant account and begin the application process. During this process, you will most likely be asked to provide your Social Security Number and home address.
Sharing this information fulfills a legally mandated requirement meant to protect against illicit financial activities and will be required by most major banks or credit card processors that you file an application with.
Providing this information each time you apply for a merchant account is necessary for guarding against illegal and harmful activities.