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Can I get a merchant services account outside of the United States?
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Posted On :
Jan-15-2012
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Article Word Count :
411
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Online product or service selling is getting popular day by day. Any merchant doing online businesses would want to have their own merchant account as a risk free, low cost credit card processing system. However, if you are a merchant residing outside of the United States, you might be wondering whether you are actually eligible for being granted for a merchant services account in the United States. The answer is at the same time affirmative and negative.
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Online product or service selling is getting popular day by day. Any merchant doing online businesses would want to have their own merchant account as a risk free, low cost credit card processing system. However, if you are a merchant residing outside of the United States, you might be wondering whether you are actually eligible for being granted for a merchant services account in the United States. The answer is at the same time affirmative and negative.
According to US government regulatory rules, there are three basic prerequisite you have to pass if you want a merchant service account of your own:
1. Your business has to be either registered in the United States or else you can have an associated registration with a ‘Doing Business As ‘ or ‘DBA’ that is incorporated in a US town or city.
2. Your business should have a real American address with valid proof.
3. You need to have any active bank account in the United States.
These rules are the strict pre requisites as no exception is possible. The only good news is that if you qualify under these three rules, you are able to get a merchant service account through any credit card merchant service processor company, even though you are not a permanent resident or a citizen of the United States.
Usually, if you do not qualify the above mentioned criteria, you are not eligible as a merchant services account holder. However, there are independent merchant service providers in many other countries like in Most of the European countries, in Korea, Japan, China and India. Besides a few merchant service providers are here for you who have partners in other countries to help you getting a merchant service account to use for your own. Some credit card merchant account processor services offer special services to high risk businesses and non US businesses.
Besides, a merchant can seek help from a payment gateway or a third party merchant service companies. However, using the third party services is usually more expensive than a traditional merchant account service. On every transaction, you have to pay higher transaction fee if compared to the traditional processing service.
Even though creditcardmerchantprocessor.com/ does not have any service for the non US applicants. They are planning to start a partnership soon to be able to process application from outside the United States. So if you want to start your business, keep a regular watch and check for details.
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Article Source :
http://www.articleseen.com/Article_Can I get a merchant services account outside of the United States?_126872.aspx
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Author Resource :
For more information visit card credit processing
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Keywords :
card credit processing,
Category :
Business
:
Business
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