How to get International Merchant Account for foreign businesses?
|
||
Working At Home Business | Internet Business In 4 Simple Steps | eBooks | Free Articles |
|
Working At Home
Reliable and friendly merchant account provider with reasonable price. |
|
You have two options to accept credit card payment:
-
Acquire your own Merchant Account
A Merchant Account is an account at a financial institution that allows you to accept credit cards.
However, If you live outside the United Stats, you will encounter quite a few problems obtaining a Merchant Account, not least of which will be the cost of the account itself. Essentially, you have two options:
-
Establish a US presence
-
Use a provider that specifically deals with foreign firms
To establish a US presence, you need to incorporate your company in one of the 50 states. Nevada and Delaware are both popular choices due to their low fees and business-friendly regulations.
The best way to go about incorporation in the US (if you don't reside in US) is to seek out a company that will set up a mailing address and telephone number for you, and who will fill out all the incorporation papers on your behalf, which might cost up to $1000.
I highly recommend Inc-It-Now if you need incorporation services.
The other option is to work with a Merchant Account Provider that specializes in foreign firms. One of the best and most reputable firms for international Merchant Accounts is PlanetPayment.com. They don’t require you to hold a US bank account, and they allow you to accept Visa, MasterCard and American Express payments. However, if you're a non-US corporation, don’t be surprised if you encounter extra fees.
More Internet business articles
Working At Home Business |
Internet Business In 4 Simple Steps |
eBooks |
Free Articles |