Any liable merchant account for no SSN?

Discussion in 'Payment Processing' started by 3dcgmodel, May 5, 2008.

  1. #1
    My friend located u.s. but he has no SSN. he will get it 3 month later,but no now.

    Please introduct me a good merchant account for no SSN. many MA provider need your SSN finally. I search for a long time, no result. instabill is option but it is open to IMA,the fee is too high. payout time is so long. Charge.com is very good. take 2-3 days to payout. fee is low. but again, he need SSN.

    Big thank for you.
     
    3dcgmodel, May 5, 2008 IP
  2. jestep

    jestep Prominent Member

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    #2
    He will need a SSN for any US based merchant account provider. Until he gets one, he will most likely need to use a 3rd party processor like Paypal, 2Checkout.com or others. Simply because of underwriting requirements there is no way to get a merchant account without a SSN.
     
    jestep, May 5, 2008 IP
  3. 3dcgmodel

    3dcgmodel Banned

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    #3
    Thank you very much. But some high risk merchant account do not need the SSN in u.s. How do they do that?
     
    3dcgmodel, May 5, 2008 IP
  4. jestep

    jestep Prominent Member

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    #4
    They use offshore banks for their underwriting which do not have the same requirements that US based banks have. This would be possible, but offshore processors are much more expensive than domestic ones.
     
    jestep, May 5, 2008 IP
  5. SGBoise

    SGBoise Peon

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    #5
    Some might not require ssn until you get paid. He can sign up now and start making money. After he gets his ssn he can withdraw his profits.
     
    SGBoise, May 5, 2008 IP
  6. mentos

    mentos Prominent Member

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    #6
    Just wait another 3 month
     
    mentos, May 5, 2008 IP