Forum Moderators: buckworks
I need advice on being able to send/receive payment for customers/suppliers anywhere in the world. Need a good solution for my customers who come from places where even PayPal doesn't do business with.
Checked out StormPay, but payment to people outside of US is a little too slow for some supplier's liking.
Any other alternatives? Thanks.
Crediting a check drawn on a non-EU bank to my bank account would also have a high overhead cost. Ditto for bank transfers.
Do credit card merchant accounts include the possibility to credit money to a credit card when it's not a case of returning a previous payment?
- Credit Card accounts for 80% of our orders
- PayPal is the next big thing
- Bank payments account for another large fraction (we are established since the 90's, so our customers trust us to pay in advance)
- We do maintain local bank accounts in Australia and important European countries (can be opened remotely, very cheap, also held under our owners private name to make the paperwork easier).
- Western Union is popular for South American poeple, but also used by some dealers.
- We also registered moneybookers.com, paymate.com.au, nochex and maybe some other stuff I can't recall now. There are a few transactions all the time.
With all of this you can send money too (except Credit Card, if it's not a refund).
Hope that helps.