Best starting payment processor for dropshipping?

skrl

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I want to start Shopify dropshipping really and soon and I was wondering what's the best payment processor, with the least amount of issues?

Few things I have to add, which makes things a bit more complicated: I'm not from the US (I'm from Romania, to be exact), and I want to start without having an LLC from the beginning.

Just need a financiary head start before I actually create an LLC, US bank account and everything else. Seen a few people say they've used either PayPal, Revolut/Payoneer/Transferwise with Stripe or directly Shopify payments.

I know I'll eventually get a ban/hold/whatever, but I want to know what's the best one to get started and withdraw the most money before I can actually afford to do it completely legal.

Thanks!
 

skrl

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PayPal will work.
To what extend? And when I do get a hold, what are the main causes? I already have a business account (not linked to any actual business) that I've been recieving money consistenly for the past 2 years so it's verified. Only delivered virtual services tho, did not involve any shipping.

Also if I do use PayPal, should I continue doing this on the same account or create a new one?
 

James2774

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It sounds like you just dont really have options, so yea using stripe and paypal to make some money wont hurt bc they seem like your options.
You mention making a new paypal, would that be in a different name? Not related to you in name/docs? Thatd be great obviously as it protects your real account.

You also have 2checkpout would that work for you?
What niche or product will you be selling, have you gotten that far yet?

Do you have a plan or budget for ads/marketing?
Thing with new paypal accounts is that you would risk the new one quickly if you over market beyond its ability to take payments. My business paypal was just made a few months ago anbd after receiving $300 in a week the cash is placed on a 21 day hold, not terrible but still its affected by the smallest volume.

Do you have a passport?
Im making some articles for my blog and posting them here first but i dont think anyone gives a shit tbh lol but ill post about a good easy solution for internationals soon just need to get a few more details.


FYI heres shopify's take on Romanian offerings:
https://www.shopify.com/payment-gateways/romania
 

skrl

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It sounds like you just dont really have options, so yea using stripe and paypal to make some money wont hurt bc they seem like your options.
You mention making a new paypal, would that be in a different name? Not related to you in name/docs? Thatd be great obviously as it protects your real account.

You also have 2checkpout would that work for you?
What niche or product will you be selling, have you gotten that far yet?

Do you have a plan or budget for ads/marketing?
Thing with new paypal accounts is that you would risk the new one quickly if you over market beyond its ability to take payments. My business paypal was just made a few months ago anbd after receiving $300 in a week the cash is placed on a 21 day hold, not terrible but still its affected by the smallest volume.

Do you have a passport?
Im making some articles for my blog and posting them here first but i dont think anyone gives a shit tbh lol but ill post about a good easy solution for internationals soon just need to get a few more details.

- Yes, if I create a new account will try to make it different from my actual one but I was thinking it would be way prone to a hold since it's new, that's why I'm not sure yet.

- Considered 2checkout as well but some say they got denied. Will try either way, obviously. Regarding the niece, well, kinda. Have some ideas in mind.

- Overall starting budget would be around $1000. But that would also include purchasing the products, IG/FB Ads and all other expenses. That's the main reason why I want to document myself as much as possible regarding which one should I start with, considering I'll have to pay up-front pretty much everything and if I get a hold after my first withdrawal, or even before that, I might not have enough money to continue running the store (ads, product cost).

- It expired long time ago. Traveled a bit in Europe but since they don't require a passport I had no reason to get a new one.
 

NYC47

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stripe and paypal both "can" get limits depending on how "blackhat " you run your operation ...work on getting multiple accounts if your going big
 
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