US Merchant Account If you are Non-Resident of USA

Today, organizations are extending their range to the worldwide level that is helping them to develop at a much faster. This explanation of business has been observed due to the advent of technology. Technology also has help businesses to create a point of sale that can be accessed from anywhere in the world and customers can order online and pay through their cards.

In any case, one issue that business can face if they don't have experience of selling and sending products to different nations is their lack of physical presence in that country. As every one of the nations has their own laws and requirements for beginning a merchant account. In any case, in this article, we will discuss just the requirement and approaches to get a merchant account for a business that isn't registered in the United States and likes to sell their products in the Country.

The basic requirement of getting a merchant account in the U.S.

• The business needs to have a registered “Doing Business As” name (DBA) that proves that the business is incorporated in the United States.
• A physical address of the business that an applicant must provide.
• A bank account in the U.S. Bank should be registered in the name of the applicant’s name.

These are must require details an applicant needs to provide while applying for the merchant account in the United States.

But, a business that is registered in any other country have one option is to set up a corporation with the U.S. based company by signing a contract with them, stating that the company incorporation will act as the company of U.S. that handles the entire sales, shipping and collecting payment process of the business done in the United States. This type of incorporation will work. But one that comes with incorporation is adding a business partner in the working, which much business may not like to deal with.

You need an agent

While starting the business process in the United States or any other foreign country. Business should have a good amount of customer base. This will be worth enough for the business to cop up with the costing of doing business internationally.

There are companies like Merchant Stronghold. In the United States, we can help businesses to set a merchant account.