“You can’t do today’s job with yesterday’s methods and be in business tomorrow”
-Unknown
I noticed lately that many people overseas doing business online struggle to find a good merchant processor. Additionally, many seem to only sell their products through Clickbank in order to avoid setting up a merchant account, but these seemingly small fees can add up over time.
2CheckOut.com – 5.5% of sales
Clickbank.com – 7.5% plus $1 per sale
ShareASale.com – 20% of your payouts (equivalent of 10% on all affiliate sales)
So what is stopping business owners outside of the US from setting up a merchant account that will charge closer to 2 or 3% revenue versus the above fees?
Many don’t know how to go about setting up a legal bank account and address within the United States, as most providers require you to be present to set up these services.
By signing up for Nevada Corporate Planners, you can actually get set up with a physical address and bank account, allowing you to run your entire business out of the US, thus making your company more universal.
Best of luck with this – wishing you much success with your online business no matter where you are!
* CONSUMER NOTICE: This is an affiliate ad supported page, thus by purchasing from any links or ads on this website or based on my recommendation, either expressed or implied, I may earn an affiliate commission.
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Hi Joanna,
Thanks for this, could be very handy, really soon – things are changing here quite rapidly and this could be just what I needed to know.
Cheers,
Ray Jamieson
Yes, I agree to Ray, this could be very helpful for us here in germany and my business friends in NL as well. Thank you for the information – I love that quote from the unknown author and look forward to keeping in touch with you, Joanna.
Ray – So great to hear that this blog post was helpful and that business is going great!! Please let me know if you have any questions. I can email you a direct intro to Powerpay if needed – let me know!
Christian – thanks so much for the awesome feedback – that means a lot! As with Ray, let me know if a personal intro via email would be helpful in the future or if you have any questions!
Joanna
Thanks for the useful info – came via FB. Certainly something I have been considering and will look into. All the best,
Tom
Glad this was useful to you and glad you got the note I tagged you in on FB!! Let’s connect on there as well when you get a chance!
Awesome! Thanks for letting me know about this Joanna. This can be quite handy in the near future for me..
I hope that is the case for you! Very excited to see your progress!!
Thank you Joanna,
This may be a good solution soon for me too. Will research more and jump on it. Not sure if requires a phone number in US but that can be obtained easily with a Canadian MagicJack as I did. Here is the link… I got mine in Beverly Hills as you can chose and area code in US;-) http://dotcomclassroom.com/MagicJack.ca