200 solutions!

This is only partially correct.

We use a company to assist our merchants incorporating in the EU which can appoint a local resident director for you.

There are a lot of misconceptions being posted regarding offshore incorporation and processing.

The reality is that it is nowhere near as complex as many want to make it.

Sure, there are increased costs associated with the process, but you will probably find yourself with a lower merchant discount rate in the end. The annual cost to incorporate in the EU (with a local resident director) is somewhere around 1,600 GBP per year. Add in the associations' high risk registration fee of $1,500, plus any bank application fees and you've now got an offshore merchant account for a little over $5,000 US.

We typically place merchants at around 7 - 8% MDR - that is half of what many of you are currently paying. You need to decide whether or not the upfront cost of going offshore is worth it. If you are doing any kind of decent volume, you'll find that you will be far ahead at the end of the year by getting your own direct merchant account vs. continuing to pay the outrageous fees associated with third party billers (who do you think gets their merchant accounts for them?).

The downside is that we have minimums in place that are only rarely lower than those quoted by Netbilling. Our banks are reluctant to dip much below $20,000 per month. It can be done, but not every time.

Hope this helps.

Shoot me an email if you'd like any more information.

[email protected]

merchant accounts
 

:pimpMake an american friend! Set-up a US merchant account. So much better!

Let me quote KimmyKim from this two year old thread because it still holds true today.






.

Not true... Moneris will process adult if you jump through their hoops.

tahts right dready so whats the news? did you make it?

i will be in touch with you shortly
However it has become unneccessarily difficult for adult merchants to be honest and get a merchant account
i hope someone someday soon comes out with an alternate way of paying for website subscriptions that finishes off the visa and mastercard

lets take it to the top for more info

Yes, I have a merchant account with them now. :thumbsup

congrats buddy

Hi there! Take a look at CommerceGate. We provide billing solutions world-wide (credit, debit cards, direct debit, multi currency, etc). We can set up EU companies for US/Canada partners. For more details please contact me directly.

cheers!

Lucas

Lucas Dominic
VP Sales Europe
CommerceGate Ltd.
[email protected]
World Trade Center
Nord 4Th
08039 Barcelona
Spain
tell: +34 936 002 303
cell:+34 607 328 735
fax: +34 936 002 308
IM: ICQ - 317-126-196
Skype ID: mrluke17

anything new in this arena?

You bump an 18 month old thread ?
CCBill has been doing Canadian Visa for a year and a half now.
Welcome to the internet.

I have been using ccbill for visa for over 18 months. Need an alternative as you never know...