If you are a freelancer in any of the countries supported by Stripe, you can easily set up payouts using your business credentials. This allows you to receive payments for your work directly to your business account, making it easier to manage your finances.

An EIN, or Employer Identification Number, is a unique nine-digit number assigned to businesses in the United States by the Internal Revenue Service (IRS). It is used for tax purposes and is required for businesses to open a bank account, hire employees, and file tax returns.

An EIN can be used by both US and non-US individuals with a US business to onboard to Stripe using their business credentials. This makes it easier for freelancers to receive payments from clients and manage their finances.

To set up a business account using your EIN, follow these simple steps:

Adding a new account on Contra is a simple process that allows you to easily manage your finances and payments. Follow the steps below to add a new account to your Contra wallet.

To add a new account, you will need to go to the Contra Wallet page. You can access this page by clicking on the "Wallet" tab on the top navigation bar or by going to https://contra.com/independent/wallet in your web browser.

Once you are on the Wallet page, click on the "Add Account" button. This will open a new window where you can add a new account to your Contra wallet.

After clicking "Add Account", you will see a country select modal. From the drop-down menu, select "United States" as your country.

Next, you will need to select the type of account you want to add. You can choose between an individual account (using your Social Security Number) or a business account (using your Employer Identification Number).

Once you have selected your account type, you will be directed to complete the Stripe onboarding process. This is a necessary step to ensure the security and legitimacy of your account.

During the Stripe onboarding process, you will be asked to provide personal and/or business information, depending on the type of account you are creating. This information will be used to verify your identity and set up your account on Contra.

Once you have completed the Stripe onboarding process, your new account will be successfully added to your Contra wallet. You can now easily manage your finances and payments through your Contra account.

If you are a freelancer in a country supported by Stripe, you can also set up a business account using your business credentials. Here's how:

To add a new account on Contra, you will need to go to the Wallet page. You can access this page by clicking on the "Wallet" tab on the top navigation bar or by going to https://contra.com/independent/wallet.

Once you are on the Wallet page, you will see a button that says "Add Account". Click on this button to start the process of adding a new account.

After clicking "Add Account", a country select modal will appear. This modal allows you to choose the country where you want to set up your new account. Contra supports all countries that are supported by Stripe, so you can select any country from the list.

Next, you will need to select the type of account you want to create. You can choose between an individual or business account, depending on your needs.

Once you have selected the country and account type, you will be directed to complete the Stripe onboarding process. This process is necessary to set up your new account and ensure that all your payments and transactions are secure.

That's it! You have successfully added a new account on Contra. You can now manage your finances and payments for this account directly from the Wallet page.

Congratulations, you have successfully set up payouts using your business credentials! Now you can easily receive payments for your freelance work and manage your finances with ease.