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How to get US merchant ac and bank ac being an Indian?

Discussion in 'Payment Processing' started by lbs.seo, Oct 21, 2013.

  1. #1
    Hello there,

    How to get US merchant ac and bank ac being an Indian?


    Thanks.
    SEMrush
     
    lbs.seo, Oct 21, 2013 IP
    SEMrush
  2. xtragudboi

    xtragudboi Active Member

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    #2
    If you need a Virtual Bank account you can get it from Payoneer most probably. Contact their support team. Remember, you will find many sites offering you this service but 90% of them usually scam you. Do your research and invest your money wisely.
     
    xtragudboi, Oct 21, 2013 IP
  3. lbs.seo

    lbs.seo Member

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    #3
    But Payoneer does not transfer money to Indian bank ac.
     
    lbs.seo, Oct 21, 2013 IP
  4. xtragudboi

    xtragudboi Active Member

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    #4
    They send you an ATM card so you can withdraw from your country from any Master card supported Atms .Just check with them if India is supported or not.
     
    xtragudboi, Oct 22, 2013 IP
  5. lbs.seo

    lbs.seo Member

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    #5
    Payoneer ATM card does not work in india.
     
    lbs.seo, Oct 22, 2013 IP
  6. kirch

    kirch Well-Known Member

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    #6
    You can try 2co for US merchant account
    You can open a US Business Account from India and transfer funds from 2CO
     
    kirch, Nov 7, 2013 IP
  7. PainlessProcessor

    PainlessProcessor Member

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    #7
    The only way I am aware of an India merchant being able to obtain a legitimate U.S. merchant account is to have a U.S. entity with a U.S. tax ID for that entity, and have a U.S. bank account for that entity. You will probably also need a U.S. signer or co-signer as well, but that may vary dependent on the merchant service provider you deal with. Otherwise, you could most likely obtain an offshore merchant account. However, like a U.S. merchant account; offshore merchant accounts have specific financial and supportive documents you must provide and your business type and business model must be in compliance with the merchant service providers acceptable business policies.
     
    PainlessProcessor, Nov 8, 2013 IP