respectable
Newbie
- Oct 17, 2015
- 44
- 9
Greetings,
I need your serious advise on what has been bothering me for a long time. I'm from a country where PayPal is only available as send-only which means I can't receive money.
My desire has always been building an online business with a marketplace model, something similar to Fiverr but very different. But due to the fact that I need to collect payment and disburse fund at the end of every month or use PayPal Adaptive to disburse fund I'm stuck with this idea and I have been unable to achieve this goal of mine for a longtime. PayPal has a wide coverage and it will be in the best interest of buyers to accept PayPal as a means of payment and method of disbursement.
I have to take action now. I think that I may need to form a company in another country and I need your advise on:
1. How do I setup a PayPal Business account in another country and fully verify the account despite the fact that I'm from another country?
2. Which country will be the best place to setup the PayPal Business account and also get a bank account and what are the thing I need to provide?
PS: I don't mind traveling to that country. I just want to seek your advise on how to succeed in setting this up without fear of the account getting limited and me getting stuck without option. How to go about this legally and reliably. I'm also open to variety of suggestions even if you have not done this before.
all replies or suggestions are welcome.
Thank you for your time.
I need your serious advise on what has been bothering me for a long time. I'm from a country where PayPal is only available as send-only which means I can't receive money.
My desire has always been building an online business with a marketplace model, something similar to Fiverr but very different. But due to the fact that I need to collect payment and disburse fund at the end of every month or use PayPal Adaptive to disburse fund I'm stuck with this idea and I have been unable to achieve this goal of mine for a longtime. PayPal has a wide coverage and it will be in the best interest of buyers to accept PayPal as a means of payment and method of disbursement.
I have to take action now. I think that I may need to form a company in another country and I need your advise on:
1. How do I setup a PayPal Business account in another country and fully verify the account despite the fact that I'm from another country?
2. Which country will be the best place to setup the PayPal Business account and also get a bank account and what are the thing I need to provide?
PS: I don't mind traveling to that country. I just want to seek your advise on how to succeed in setting this up without fear of the account getting limited and me getting stuck without option. How to go about this legally and reliably. I'm also open to variety of suggestions even if you have not done this before.
all replies or suggestions are welcome.
Thank you for your time.
