If you do decide to go down the US route; For our needs, we set up a US corporation and bank account, and are looking at using authorize.net as the gateway and merchant account. Our bank account is with Silicon Valley Bank in California who I cannot recommend more highly. Their service (via email etc) has been way above any other banking experience I've ever had. We probably won't be using them as the merchant account though (We'll have authorize.net do that), because of their need to have a months worth of credit transactions secured by cash. Setting up a US bank account requires that you have a ITIN number, which takes a fair bit of paperwork to get.
Keith On Sat, May 22, 2010 at 10:04 AM, Joseph Renzi <[email protected]> wrote: > We use NAB for USD going into an onshore USD bank account with NAB. > > We have spent a large amount of time and effort researching all the > options we could find and I was very disappointed with the lack of > options. > > At the end of the day, the real challenge is getting a USD merchant > facility. > If your company is setup in Australia only, then to my knowledge NAB > is the only organisation in the world that will provide a USD merchant > facility onshore in Australia. > If you are happy to set up a company in the USA then there are many > options available to you. > To my knowledge, PayPal's PayFlow Pro will still require a merchant > facility and this might come back to NAB, but things may have changed > and Geoff seems to know more about this. > > Note: The NAB solution will handle Visa and Mastercard, but not AMEX. > If you want AMEX in USD in Australia then you also need to use AMEX's > own product (similar to NAB). > > From a business point of view, I think it is a concern that one > company seems to have a monopoly in this area. In this day and age I > would have hoped that the options for a true multi-currency system in > Australia would not be so limiting ... maybe a business opportunity > for some entrepreneur out there? > > Joe > > On May 21, 10:49 am, Gary <[email protected]> wrote: >> Hi Silicon Beach Listers, >> >> Has anybody successfully setup a credit card payment system on their >> website that accepts USD in Australia? How did you do it? >> >> I've hit a few walls looking at getting this setup as follows - >> >> NAB is apparently the only merchant facility in Australia that has >> multi-currency options and whilst NABs merchant facility for AUD >> transactions is competitive their multi-currency option isn't (why >> would it be if its the only one). >> >> We currently use PayPal but want to move away from having the user >> directed to PayPal we'd like to keep them on the site. >> >> Thanks, >> >> Garyhttp://builtwith.com >> >> -- >> You received this message because you are subscribed to the Silicon Beach >> Australia mailing list. >> >> Guidelines on discussion:http://tr.im/ujKF >> >> No lurkers! It is expected that you introduce yourself:http://tr.im/ujMm >> >> To post to this group, send email to >> [email protected] >> To unsubscribe from this group, send email to >> [email protected] >> For more options, visit this group >> athttp://groups.google.com/group/silicon-beach-australia?hl=en?hl=en > > -- > You received this message because you are subscribed to the Silicon Beach > Australia mailing list. > > Guidelines on discussion: http://tr.im/ujKF > > No lurkers! It is expected that you introduce yourself: http://tr.im/ujMm > > To post to this group, send email to > [email protected] > To unsubscribe from this group, send email to > [email protected] > For more options, visit this group at > http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Guidelines on discussion: http://tr.im/ujKF No lurkers! It is expected that you introduce yourself: http://tr.im/ujMm To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en
