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As someone starting out (and still learning) what may be the recommended way of going about this? I can't seem to find a payment processor that I trust to send
by Teichopsia 9y ago
As someone starting out (and still learning) what may be the recommended way of going about this?
I can't seem to find a payment processor that I trust to send payments to Central America (from the few I have seen - Braintree and stripe don't). There are a few caveats to this, unfortunately. My plan is to do all the legal work through the e-Estonia program but can't get started since I would need to fly out to pick up the identification card. Cash which will need to be generated through the business first.
Once that is set up it will be easier to get a payment processor (stripe, please add Estonia to your list first chance you get).
I'm wondering if it is sensible to accept payments online, generate some cash, start the e-Estonia process to have a legal business. But, I'm still stuck as to which processor to use to send the payments to to a personal account in Central America. Last I checked, I can't use paypal since that is a U.S only option. In either case, besides wondering which processor I could use, is this a sensible plan?
- kuldar 9y agoAnother vote for Stripe supporting Estonia. As for e-residency, I believe you can also pick up the card at your local embassy.
- Teichopsia 9y agoJust double checked. There are only three pick up locations on this side of the world and they are all in the U.S.
- spitfire 9y agoThere's an embassy/consulate in Ottawa. Also the ambassador travels and you can pick them up when they travel. Check with your local embassy/consulate and ask about their travel schedule. NB: I too would like to see Stripe support Estonia. They've been dragging their feet long enough that "soon" is now feeling like an insult.
- Scarbutt 9y agoIf you can afford the trip, open a company in Ireland (supported by Stripe) where taxes are much lower than the U.S.