Business Checks
For someone to open a merchant account at a bank they must provide their EIN and business license. For a financial institution to create this account they must verify and match these components.Many people have found a way to monetize their hobbies or start side hustles online. However, before they can accept a payment, one of the things they must do is open a merchant account. For someone to open a merchant account they must provide the bank with their EIN and business license. For a financial institution to create this account they must verify and match these components.
