Hi Brendan, Here's the important quote from the guys at PayVision, who act as a gateway provider: -- snip -- We can authorize in USD and 150 other currencies, then remit to your local bank account in AUD. Funds will be wired directly from the acquiring bank in the EU, so a quick incorporation in the UK will be required. This is not a requirement for a bank account or settlements. It is basically a piece of paper for credit card compliance, and we remit settlements directly to your account in Australia in AUD. Below is information on the EU incorporation process.
http://www.fletcherkennedy.com/payvision-client.html -- snip -- Another vendor, GlobalCollect advised me of the following: -- snip -- There will be a need to establish an EU entity and this entity only needs to be a non-trading entity for the purpose of establishing Merchant IDs with the acquiring bank. A non-trading U.K entity may be set up quickly and easily via websites such as simpleformations.com or completeformations.co.uk. The contract with GlobalCollect and invoicing etc may all be with the Australian entity. -- snip -- I have a sneaky feeling all these scenarios with the EU have a relatively high hurdle cost or other hassles. GlobalCollect have a minimum monthly fee that is very serious, and PayVision said they actually have difficulty getting startup applications up - I don't know if the guy was saying this as a function of risk, or as a function of "you won't be able to afford us if you're a startup". Perhaps I should take on the EU option and keep the money in Lichtenstein or something? ;-) Hope this helps. Geoff -----Original Message----- From: [email protected] [mailto:[email protected]] On Behalf Of Brendan Quinn Sent: Friday, 2 July 2010 3:00 AM To: [email protected] Subject: Re: [SiliconBeach] Re: Accepting USD Payments on Australian Business Website Hi Jeff, can't help you on the Delaware thing but I'd be curious to hear more about option two, the EU approach. I'm in the EU at the moment so that might work well for me... do you have any more info or know anyone who has? Brendan. -- 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
