Do I need to register a company to use Stripe or Paypal in production (I live in Canada)?

Question

When using Stripe or Paypal to accept credit card payments at the factory, do I need to register a company?

(Edit: I know that I can check it in sandbox mode, I'm talking about paying for REAL)

Answer 1

DISCLAIMER # 1: IANAL , and these are not legal or financial advice.

DISCLAIMER # 2: This does not apply to the legality of doing business in Canadian law, only in the rules of payment processors.

No, you do not need to register a company to accept credit card payments using any of these providers. They will accept your personal information (identity and bank account) to make payments.

, . , , , . , , , , . , - - .