Payment Gateway Integration for US based Stores with non-US Resident founders

[japneetsingh]

Hello,

My store is a high-end fashion brand that focuses on producing and providing clothing and accessories for both men and women. Its been 2 months, we are facing a major issue while searching for a payment gateway partner for our store. We have already invested $ 30,000-40,000 into the business with 8 months of hard work.
The issue - 1
Although our company is a US-based Registered LLC we are finding it difficult to partner with few payment gateway service providers because as founders we are Non-US residents and we currently live in India for which we don't have a SSN number (many providers are asking for it even after providing our Company's EIN).

Issue - 2
Many providers and even Shopify demand a brick-and-mortar bank account in order to initiate the payment gateway procedure and don't accept neo banks like Mercury and Relay. To open an account in any brick and mortar bank in the US we need to have an SSN or need to visit them personally and verify our identity plus paying around $25000 as security for a checking account. This is far from possible for any business which is just starting.

Issue - 3
Many payment gateway providers are declining the requests just because we don't have high sales or if it is a new business(How to get sales if we don't have a payment gateway itself).

What is the solution to this issue? Does anyone have any idea how to get this problem sorted? We don't want to close our store please if anyone has any idea help us!!! SOS!!!

[dropship_helps]

Not able to use Shopify payments? 

[japneetsingh]

No, as they need real brick and mortar bank account to accept the request. 

[expectcode]

@japneetsinghDid you try with stripe ?

[ARY-LO]

Unfortunately, no, because stripe is integrated with Shopify Payments platform and we don't have the option to integrate Stripe by itself. I am also having the same problem as in the original comment and I am trying to find a solution. Please let us know if there are some side turns. 

Thank You!