Discussion in 'Business & Tax Advice' started by ajay88, Oct 30, 2015.
come on guys, some one must know the ins and outs of the industry by now. best way to do it...etc 100's of chinese sellers are selling online with no probs, accepting credit cards, how are they managing to do it.
I think CC bill will process almost anyone, but they charge, a LOT
im happy to pay "alot" ifit means i can process payments, ill be making enough to justify the costs.
this company looks like theyre based in the US. id rather prefer someone offshore. china would be ideal.
anyone? im new to processing so...i dont know the ins and outs. any help would be apreciated.
bump anyone help me out?
unable to send pm's until i reach 15 posts. :zx11pisse
i know there are people out there who will take me on, i understand most are in asia.
im new to cc processing,ive only ever used PP up to now. but im looking to up my game with a site.
i can continue using patpal but for that my anonimouty isnt so well.
High risk merchant accounts are not too different from regular accounts in that you deal with a merchant processing company that has relationships with acquiring banks (this is who sends you the money when a good transaction is processed).
The main differences between a regular merchant account and an high risk account are the transaction fees (% per transaction and fixed fee per transaction both of which are generally higher that a reg merch account) and the holdback/reserve. The holdback is the cash the acquiring bank holds in reserve (usually a rolling reserve for X months) to protect themselves from chargebacks or fraudulent activity and that holdback amount can be as high as 50%.
So you have to do the math to make sure you can cashflow your biz based on the holdback/rolling reserve and make an acceptable profit based on the transaction fees.
If you're looking for a high risk merchant account just google "high risk merchant accounts" and you'll have lots to choose from. I've worked with and work with a number of them. Let me know if you want me to recommend one.
do you know of any in asia? who would take on foriegn clients (Uk based)
get to the checkout page for anyone of them and find the name of their processor/gateway! Also, I Hope you are not planning to sell as an individual, and if you happen to go offshore, share the company you used to get IBC
hi thanks for reply.
what do you mean as an individual? yes i am a sole trader, dont have no companies created or anything.
ideally due to the nature i would like to go offshore, ideally china/asia.
host on an offshore vps too.
im aware brand owners can and do sieze domains, whether they track the indviduals running them im not sure about. The chinese seem to get away with it somehow.
Hi ajay88, if you are still looking hi risk merchant accaunt , I can help you
i am also looking for high risk merchant as well in china/asia pm me thanx
I also need one which can accept payment of more than $50k and in Asia.
I can help you with that. We provide high risk payment gateway. Just PM me.
We provide payment gateway - we have clients who earn more than $50000 a day.
LoL why don't you show your "company" names.. I'm sure all of them won't endure a google review! If so I would be happy to check all of you out for processing needs
Give me your skype id or email. I can help, twice a week payment no hold no RR
Separate names with a comma.