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Go Back   Webmaster Discussion Forum - Revenue Sharing Forum webmaster talk related topic > Trading > General Trading


NON-US merchant accounts?

General Trading


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  #1 (permalink)  
Old 08-02-2006, 01:53 PM
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Default NON-US merchant accounts?

After auditing the European offers (for France and Austria), I found several providers (AtosOrigin for France and Mpay24 for Austria). Anyway, these providers cost more than any US third party providers (average of 10% per transaction + €0.5).

I was wondering:
  • Would it be better to open an US bank account to be able to get a US merchant account? If yes, how? Who should we contact? Is this legal?
  • Would it be better to continue with third party payment gateways and wait the opportunity, in a near future, to switch to a better EU offer (as soon as it will be available) ?
  • Is there any other EU alternatives I am not aware of?

This question is, I guess, a redundant question to all NON-US businesses. Some countries may offer interresting alternatives to their customers but here, in EU, it seems there is still a lack of offers.
Maybe I wasn't able to find the good providers and some members here already found the beauty pearl.

Please share your lucky finds.
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  #2 (permalink)  
Old 08-03-2006, 08:54 AM
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Why don't you use Paypal. The rate is much more cheaper and you can withdraw it easily.

I'm Asian webmaster who's use Paypal, Stormpay and E-Gold for all my online business.
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Old 08-03-2006, 09:05 AM
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We already use PayPal pro, of course.
And we also propose a payment alternative to our customers, through 2CO.
But both of these gateways don't propose enough security regarding frauds and chargebacks. And compared to merchant accounts, their rates are far above.

Someone pointed out Chronopay lately, even if it seems this is also a third party processor, their rates seems really interresting. The question is now, how reliable are their services?
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Old 08-03-2006, 09:14 AM
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What about WorldPay...

FYI, I don't even use 2CO or other merchant account because of recurring service fee I must pay them every month.

Eventhough Paypal, Stormpay and other are not secure enough, many of my customer opt to use it.
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Old 08-03-2006, 09:32 AM
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We have been using Plimus.com for 3 years and so far we have good exp. with them. You can sign up for free and try it yourself.

If you need any info. regarding Plimus you may reply here.
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Old 08-03-2006, 09:41 AM
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Is't support for Malaysian business entity? Do we need to produce any legal document for registration?
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Old 08-03-2006, 10:13 AM
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No legal document is required... not even a Credit Card in order to sign up with them. Sign-ups are open world wide.
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Old 08-04-2006, 08:48 AM
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Sonia... I can't find the exact sign-up link at the site that you give. Please advise.
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Old 08-04-2006, 10:13 AM
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Thank you Sonia.
I already heard about Plimus. Really effective against frauds.
They are, anyway, a third party payment gateway specialized in software sales and delivery.
Sure, it may help others. But i was rather looking for a robust company or a US merchant account.
Someone linked me back lately to Chronopay.
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Old 08-05-2006, 01:06 AM
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Sonia... where is the signup link in the website. Can't find it.
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