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Thread: I would like to understand

  1. #1
    Registered pierrebenoit's Avatar
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    I would like to understand

    Please,

    I would like to understand how money can go from my website to my bank account (not technical aspect, only the steps).

    - In the website, I put the shopping cart
    - I need a merchant account to accept credit card.
    -??? and what?

    I would like to build a yahoo! store.
    I have a bank account in Europe and I'll open a merchant account in the us

    Thanks
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  2. #2
    Administrator Chris's Avatar
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    I think you'd need a bank account in the US for a US merchant account.
    Chris Beasley - My Guide to Building a Successful Website[size=1]
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  3. #3
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    im sure there are ways to not have a US bank -- Check with bigger, more global banks.

  4. #4
    Site Contributor stymiee's Avatar
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    Quote Originally Posted by Chris
    I think you'd need a bank account in the US for a US merchant account.
    Correct. You also need a US business address. Some companies might be able to work around this but they are very few and very expensive due to the risk associated with foreign accounts.
    John Conde :: brainyminds
    Merchant Account Services -- Merchant Services Resources
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  5. #5
    Registered Will's Avatar
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    And donít they verify customerís US business address?

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