New Zenner
- Join Date:
- May 2009
- Location:
- Bogota, Colombia
- Posts:
- 28
- Plugin Contributions:
- 0
Non US companies, which card processor do you use?
First a quick thanks to all that support this forum as it helped me enormously building our first online store! (donations are following soon)
We are a new company based in Bogota, Colombia, starting our first web shop and are looking for a card processor. I have searched all over the forum but am not finding the information/recommendations that should be useful for many others that are or will be in this similar situation.
Some facts about us:
- we can not (do not want to) incorporate in US or UK
- we can not open a bank account in US or UK (money laundering/accounting regulations would prohibit this in my opinion)
- we are a new shop and estimate to sell somewhere between 0 and 1000USD a month for the first months
- we have no processing history
- can charge in USD
- average ticket size: 125USD
I have investigated so far: (and correct me if I am wrong):
-
2checkout.com, has a strange requirement of being mentioned as our reseller (which I find really confusing for our customers) and seems to has some serious complaints issued from users about withholding funds etc, but is relatively easy to arrange
-
paypal, easy/fast, but sides with the customer and does not help the retailer too much against charge backs (besides that their service is not available in Colombia)
-
moneybookers, high costs of money transfers (especially to Latin America?), problems with validation of account
-
merchant account through resellers: as a non-US company this is hard to get. We are rated as high risk and get higher rates (which I can understand) but even then it is hard to get a serious reseller to accept you. I have tried almost all resellers in the list at authorize.net and most do not reply, waiting on some others
-
direct merchant account with local banks...not tried this yet, anyone has experience with this in Latin America??
-
some local Colombian options, but I prefer an international one which should give more confidence to our international customers
So, please who has been in this same situation and found a good company to work with, or who can just recommend a great company or a good solution to start off our business??
All help is very appreciated!!!
Tienda Virtual de relojes innovadores / Online store for innovative watches:
[WWW.MUNDOUNIK.COM](http://www.mundounik.com)