4 ms·
It’s difficuly to do outside of the US and some European countries. Most companies will just incorporate in the US and use a US payment processor and operate a
by themagician 8y ago
It’s difficuly to do outside of the US and some European countries.
Most companies will just incorporate in the US and use a US payment processor and operate as a US company. If, for example, you have a business in Brazil and you want to sell digital goods it’s not so easy to accept payments at all, let alone international payments. And incorporating in the US can be a hurdle if you don’t live here or have somone who can help you navigate getting set up with things like a US bank account.
- TheSpiceIsLife 8y agoRight. I meant to encompass this in my sentence "And for even larger sums of money, on an ongoing basis, it's not uncommon for an organisation to setup a local headquarters." PayPal claims¹ to be available in more than 200 countries/regions and support 25 currencies. Does PayPal in Brazil not accept payments from PayPal users in The USA? I'm not saying some people aren't underserved by money services, though. 1. https://www.paypal.com/en/webapps/mpp/country-worldwide https://www.paypal.com/en/webapps/mpp/country-worldwide