Msg#: 4514882 posted 2:46 am on Nov 2, 2012 (gmt 0)
You can be a sole proprietor and process credit cards, no problem. Usually that only requires you fill out a form at the county clerk's office to do business in your county. A merchant account isn't strictly necessary. It depends on your payment processor. The one I have now just requires a business checking account. That's fairly easy to get.
Msg#: 4514882 posted 4:08 pm on Nov 2, 2012 (gmt 0)
I am not sure, but I think any of the smartphone attachments you can get for swiping credit cards allow you to signup as an individual. You may have different processing limits depending on if you are an individual or a business.
Msg#: 4514882 posted 10:34 am on Nov 3, 2012 (gmt 0)
@pdinis Different EU countries have different laws about setting up business.
In the UK there are no special registration requirements but I would recommend finding yourself an accountant and getting up to date professional advice from him. Do be aware that once HMRC get it into their heads that you are self employed they won't let go if you go back to working for somebody else but will chase you for self assessment for years after you stopped trading.