logo

Guide for Completing Launch27 Pay Application

Fullsteam Payment Processing: Completing an Application

 

To begin your application, you will need the following items: 

All Business Information 

    • Legal Name
    • DBA Name, if applicable
    • Tax Identification Number
    • Physical Business Address
    • Ownership Type
    • Date of Establishment
    • Phone Number
    • Email Address
    • Website 
    • Credit Card Processing Amount

All Owners’ Information 

    • Social Security Number
    • Date of Birth
    • Physical Home Address
    • Phone Number
    • Email Address

Banking Information

    • Name on Account (Beneficial Owner)
    • Account Type (Personal/Business)
    • Routing Number
    • Account Number

 

Let’s Get Started:

Click HERE to start your Application.

app12

 

If you have not registered already, you must register first:

 1. Insert the email address you would like to use for your application and click “Register.”

2. Create a password; then click “Register.”


If you have registered before
, you need to log in:

 

1. Click “Login.”

2. On the next page you will need to enter your previously selected password

3. Click “Login.”

 

Once you have logged in, you will need to create a new application. Click “Create New Application” to create a new application.

app13

 

Step 1 – Company Profile:

You will enter your Company’s information.

app14

Please note: your tax ID number will be the 9-digit number that you received on your SS-4 Form from the IRS or, in the case of some sole proprietorships, it will be your SSN. This tax ID number field must be your federal tax ID, not your state or local tax ID.

 

OWNERSHIP TYPE Drop down:

app1

In this dropdown, you will select your ownership type: Government, Sole Proprietorship, Non-Profit, Partnership, Limited Liability Company, Private Corporation, or Public Corporation. 

 

Date Fields

app2

The date fields are easily overlooked, as they are pre-filled. Ensure that your establishment date is entered correctly.

Click “Next.”

 

 

Step 2 – Ownership

app3

Does anyone including yourself own 25% or more of the company?

Click “Yes.”

**In almost all cases, the answer to the question above will be “Yes.” 

 

We must gather the correct items to complete our underwriting review. We are required by the USA PATRIOT ACT to collect this information. Ensure your correct SSN, date of birth, and address are entered.

app4

app5

 

If you are a SOLE PROPRIETOR and you state that you do have a control person, you will receive the error below when you try to go on to the next step. Simply change the answer to “No” to proceed.

APP6

Answer the below questions for every individual who owns 25% of the company or more. You may list up to four owners. 

In the following special circumstances, businesses owned by trusts or other businesses, do the following: 

  • If the business is owned by a trust, list each trustee. 
  • If the company is owned by a business, list the business’s control person. 

app7

app8

Primary Business Information:

Enter your business’s primary contact information and click “Next.”

 

app9

 

 

Step 3 – Your Business’s Bank Account

Provide the information for your business’s account. We must ask for a copy of a voided check (starter check is not acceptable) or a bank verification letter after you apply to ensure accurate and timely funding. 

Note: unless a business is a sole proprietorship, a personal checking account is not normally used. For most other business types, the account must be a business account with the business’s legal or DBA name in the account title.

app10

 

Click “Next” when finished. 

 

 

The next page:

This next page includes the pricing for your business, along with the Sub-Merchant Payment Processing Agreement.

app11
The pricing and agreement must be accepted to submit the application. Once you click “Accept & Continue,” you will not be able to access the application for changes. If anything needs to be changed once you have submitted your application, email paymentservices@fullsteam.com or call (334) 329-6775, option 4 Monday through Friday, 8AM-5PM CST, to speak to a representative.