Looking for online credit card processing company that will work with website from 3rd world country?
I live in SE Asia country and want to open an online travel business and sell tours / services online, however most the online credit card processing companies i have investigated dont want to do business in my country. Even paypal will only allow me to send , not to recieve funds from my country. Any help would be greatly appreciated. Thank you.
Its difficult to advise without knowing which country you are from. But you can check out. Charges are higher than paypal.
From which country you belong is important. But i think you will get some options. You can open up a merchant account to do business and as it is a third party process so i think it won’t be difficult. To know more visit
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Have you looked into iKobo?
If your customers have a credit or debit card they can send you money from 170 different countries. The money is depositied into a Visa Debit Card account in your name. You can withdraw money from any ATM that accepts Visa Debit Cards (most do). I think you can also transfer money from your Debit Card to a bank account although I’m not sure what the details are on that process.
I hope this helps,
Mark Worthen, Psy.D.
Applying for credit card merchant account services is quite easy. Once you shortlist your prospective underwriters to 3-4, compare their fees and features. Few companies who are the market leaders, use their reputation to charge premium for their merchant account services. Others are just beginners, so they can lower, waive or skip some fees, to procure your business. But they may charge you fees after 1 year or a trial period. Read the terms and conditions properly to understand the working of the account, its related expenses and likely pitfalls. Contact the lender about your doubts and questions, before filing your application to open an account. Then once you are approved, you can rest assured that your choice was right.
The best place to start is with commercial banks in your country. The card associations have rules that usually prohibit merchant processors from operating outside of their boundaries. See if the banks in your area process for e commerce or if they can refer you to someone who can process for you.