Quote:
Originally Posted by TACNet
Emerchantpay should still be able to help as they have offices all over the world (including US and Mexico). And they can setup a merchant account for you so you get way better rates than 3rd party billers (eg 5%-6% as opposed to 15%-17% for most 3rd party billers)
Like any processor they will still have to do due dilligence on you so you'll be required to submit passport, utility bills etc.
Not heard of the 40%-50% EU traffic thing. Nobody has ever asked us where our traffic comes from. So long as you've got the turnover and your chargebacks are under 2%, they dont care
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What exactly is the difference between third party billers and merchant accounts? If they only take 5-6 percent why are even companies like CCbill and verotel around?
Someone told me this on another forum "never going to be accepted because of cross boarder regulations by the card association" It was in regards to why I can't find an EU processor as an US LLC. Is this true?
Quote:
Originally Posted by MaDalton
Whenever you go through the setup process with a new processor, you will have to submit legal paperwork of your companies and who is the beneficiary. Usually papers that also need to be notarized. You can try to hide behind offshore companies with hired directors etc but it takes a huge effort if you want to completely hide but still withdraw your money.
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You're misunderstanding me. I'm not trying to hide from governments or processors. I don't want private individuals to be able to google the company and then my name pops up.
I'm kind of surprised since I thought more people would pay attention to this when working in this industry.