wallstreetninja
Newbie
- May 14, 2026
- 2
- 1
Hi I have an ecom business doing about $118k/mo. We drop ship engines and Transmissions. To keep the conversion good, we have to use a MOTO Merchant Account and charge over the phone. I lost my best friend's trust when I started I made an LLC in his name (I am not a US citizen and he is). And got with Zen Payments. Month 3 they shut us down. Put my friends records on the MATCH list and basically ruined my relationship with him.
Then I researched the payments industry more, and got to know about alert systems. I approached my other friend, also a US citizen, we made a partnership he opened up an LLC and merchant account for MOTO under his name. With alerts enabled and a prompt refund policy, We have been running the same LLC and merchant account for 1 and a half years. If I have stability I can sale this $1M a month. But then again stability.
I have since opened up 2 more merchant accounts with different banks on the same LLC. I had my friend also open an LLC in his brothers name and get a merchant on it as well.
What Payment Infrastructure should I use. AND I AM TALKING INFRASTRUCTURE. There are competitors in the same space who have been running this business for 5 years and they are a mystery to me.
Is it just burning and churning US citizens to open LLCs and Merchant Accounts every time an account blows up?
If it is just burning and churning the US people, how do I find them because I do not want to hamper my personal relationships?
Is there an offshore structure that prevents the US person to prevent getting MATCH/TMF listed?
How many LLCs do I need, how many Merchant accounts per LLC, how much backup?
I have got to a point where my success is scaring me. I want to maintain my success and any suggestions would help?
Then I researched the payments industry more, and got to know about alert systems. I approached my other friend, also a US citizen, we made a partnership he opened up an LLC and merchant account for MOTO under his name. With alerts enabled and a prompt refund policy, We have been running the same LLC and merchant account for 1 and a half years. If I have stability I can sale this $1M a month. But then again stability.
I have since opened up 2 more merchant accounts with different banks on the same LLC. I had my friend also open an LLC in his brothers name and get a merchant on it as well.
What Payment Infrastructure should I use. AND I AM TALKING INFRASTRUCTURE. There are competitors in the same space who have been running this business for 5 years and they are a mystery to me.
Is it just burning and churning US citizens to open LLCs and Merchant Accounts every time an account blows up?
If it is just burning and churning the US people, how do I find them because I do not want to hamper my personal relationships?
Is there an offshore structure that prevents the US person to prevent getting MATCH/TMF listed?
How many LLCs do I need, how many Merchant accounts per LLC, how much backup?
I have got to a point where my success is scaring me. I want to maintain my success and any suggestions would help?
