Ask HN: Foreign founder, can't find a payment processor | Hacker News Reader

Ask HN: Foreign founder, can't find a payment processor

7 pointsamingilani11 comments

Dear HN

I'm a solo foreign founder for a Delaware Corp, but I can't find a payment processor for my US customers because I'm in Pakistan.

The irony is that I'm building a marketplace:

- Stripe rejected me (they were nice about it)

- Paypal decided I had to be in the US despite having applied for my account while being in the US (Paypal isn't available in Pakistan)

- Braintree rejected me once, I changed my business model a bit, and now I'm waiting on a second rejection.

What does one do in this scenario? Is there another payment partner you can recommend?

View on HN

International currency transfers are an area where legal advice is might be worth paying for because the problems stem from legislation and the policies of US based payment processors are likely to reflect legal requirements rather than internal business policy decisions.

Long term, it probably makes sense to obtain local legal advice to evaluate the ease of entering foreign markets.

Good luck.

Are you trying to have payment delivered to a Pakistani bank account? Otherwise, it seems like a US corporation with a US bank account should be able to take payments from US customers, and you could handle the problem of how to get the money to Pakistan separately.

Can't vouch for this, just passing along some info I observed: https://stripe.com/atlas/faq

This might be your best option.

I know people who gave me really good feedback about this (they incorporated in the US for your exact same reason).

Hi,

I have used 2checkout for years. They also accept payments from PayPal customers which helps if lot of customers want to use funds from their PayPal account.

https://www.paddle.com/ ?

Take a look at 2Checkout.

give skrill or neteller a try

The OpenStreetMap foundation (based in the UK) has some trouble getting their money from Skrill. I can't tell if that's common and welcome anybody to counter with a positive comment/experience on Skrill.

https://lists.openstreetmap.org/pipermail/osmf-talk/2016-Oct...

good to know. thanks

Giving them a try! Thank you!

Reply on news.ycombinator.com