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Aussie Merchant Requires US Merchant Account

     
9:07 pm on Mar 10, 2005 (gmt 0)

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We have a client located in Australia, but wanting to sell world wide and accept various currencies, or at least US dollars.

They do not have a merchant account at present time. As I understand it, if they obtain a merchant account in Australia, they cannot accept payment outside of Australia. Either that or we are not able to use our credit cards to purchase from an Australian online merchant.

Essentially they are an Australian merchant requiring a US merchant account, but they are not able to obtain this as they do not have a physical location in the US.

At present time they are using PayPal, which seems to deter shoppers.

If anyone could point me in the direction of some reading or resources, greatly appreciated!

Darlene

6:00 pm on Mar 11, 2005 (gmt 0)

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Do they have at least a US bank account and US address?

-Corey

6:16 pm on Mar 11, 2005 (gmt 0)

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Not at present time.
6:31 pm on Mar 11, 2005 (gmt 0)

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I believe Paymate in Australia allows for transactions in US or Australian dollars.
6:50 pm on Mar 11, 2005 (gmt 0)

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Then definitely check out Paymate or another option. They need at least a US bank account and US address for a US merchant account. You also might check out WorldPay or Comparemaps

-Corey

6:18 am on Mar 25, 2005 (gmt 0)

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Hi - we work with over $100m pa of Australian merchants that we process out of the US and LAC (I am based in Perth).

You do not require an existing bank account or incorporation provided you have

1 - at least 2 years financials
2 - at least 6 months processing statements
3 - ALL the Australian shareholders will provide passport ID and follow the KYC requirements

Also - with the US-Australian free trade agreements now im place the attractions of doing this are even better than before, so do investigate further before giving up.

Regards
Jag