Hey, @Cody_Lao ! Welcome to Shopify Community!
If you use Shopify Payments in your store, it’s important to update the business information filed under your Shopify Payments account to reflect your new business type. If you haven’t set up Shopify Payments yet, doing so will prompt you to select your business type. That’s how you can record this information within your admin. We have a guide on setting up Shopify Payments on this page.
If you have set up Shopify Payments previously, or it’s currently activated in your store, our support team will need to assist you with updating your business information. You can create a support ticket if this is the case by visiting https://bit.ly/3cJkx8V.
Since this is the next step I’ve marked this reply as the solution for the benefit of others who may discover this topic. Thanks!