Setting Up A US Merchant Account
Do you want to expand your business reach to US citizens? But wondering how to acquire a US Merchant Account. Well, providing your customers with payment flexibility is always a good option. It helps the companies to allow credit/debit cards payments. This helps in growing revenue and customer trust. It also helps to build a good relationship with your foreign customers.
To get a US Merchant Account, you either have to set up a company in the US as a non-resident. Or you can also opt for third-party Merchants Accounts.
Documents Required Before Applying For US Merchant Account.
If you are planning to set up a company in the US, be ready with the following documents.
- State Identity Proof Or Driving Licence.
- Personal Bank Account Statement in case of a startup business.
- Business Bank Statement for running businesses.
- US Incorporation Documents
- Federal Tax Identification Number (EIN/IRS)
- Social Security Number(SSN).
Having every document ready doesn’t mean that it is a piece of cake to get a US merchant account. But don’t worry, everything has an alternative. A third-party payment processor can serve you with this. They make the procedure easy and simple.
Third-Party Processor To accept the US Merchant Payments
Businesses who do not want to set up a company in the US can go for a third-party payment provider to accept payments. They accept payments via credit and debit cards on behalf of your business. This option is good for a startup business or small industries.
Benefits Of US Merchant Processing Account:
- Less paperwork.
- Less time frame.
- Easy to setup: You don’t have to worry about setup. Everything is handled or guided by the third party processor.
- Good options for startup businesses: It is good for an entrepreneur who doesn’t want a domestic merchant account in the US. You can contract with a 3rd party payment processor.
- Flexibility: Merchant has the advantage to end their services whenever they want. This is because third-party processors do not have a long term contract.
US Merchant Account And Quadrapay
Quadrapay will help the business to get the US Merchant Account in an easy way as possible. We work with many processors. You need to fill out the pre-approval form on our site. We will analyze your site and business requirements and assign you the best processor to meet your goals. Quadrapay can assist you with a direct US Merchant Services as well as third party solution.
If you have any query, reach us at [email protected].
Happy processing !!!