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Australian company here charging customers in USD for nearly 10 years now via PayPal. "Having a Silicon Valley" is totally unrelated I think.
by Im_Mr_Manager 14y ago
Australian company here charging customers in USD for nearly 10 years now via PayPal.
"Having a Silicon Valley" is totally unrelated I think.
- nfm 14y agoIIRC, you can't do this for subscription based services - PayPal won't let non-US account holders store CCVs. Are you doing recurring billing with PayPal? If so, I'd love to know how!
- garazy 14y agoWe do recurring billing with them, you just have to use their interface - https://www.paypal.com/cgi-bin/webscr?cmd=_pdn_subscr_techview_outside https://www.paypal.com/cgi-bin/webscr?cmd=_pdn_subscr_techvi...
- Im_Mr_Manager 14y agoNo we don't do recurring billing so I can't help regarding that.
- garazy 14y agoI don't think it's totally unrelated, only having one or two third party life lines for charging customers in a currency other than AUD is fairly dire for the success of any "Silicon Valley" if the startups are planning on making any money from global online sales.
- Im_Mr_Manager 14y agoDo the fees that PayPal charge really cross the line from a possible business idea to non-viable one for you? There may be some sectors which you could say you can't compete in on a global stage from Australia because of payment processing fees but it really wouldn't be many. What is the big deal about setting up a US company to handle it? Why not charge US customers in USD? There are so many options that to dismiss running a business from Australia because of the extra few % really may be a problem in your business plan and product instead of payment processing options/cost.
- garazy 14y agoI think you found the answer in your question. If I have to setup a US company because I can't get support in Australia to accept USD on my site, what else should I be doing in the US? It's got nothing to do with business plans or PayPal fees, it's about offering a professional solution on a global scale.
- whatusername 14y ago<sarcasm>You could get your healthcare in the US</sarcasm>