Ask HN: How do I accept all major credit cards when not based in the US? • Hacker News Board

Re: Ask HN: How do I accept all major credit cards when not based in the US?

#11

Post by marcamillion » Tue, Mar 02, 2010, 6:35 AM UTC

forkqueue wrote: post #3

We're in the UK, so I don't know how applicable this is to Jamaica, but for http://kutoken.com/ we use HSBC Merchant processing to accept transactions in GBP, USD and Euro. HSBC give us the option of having the funds deposited into HSBC accounts in those currencies, or converting to GBP (at our expense, not the customer's). I'm very happy with this arrangement - it stops many customers from being put off by not knowi…

Unfortunately HSBC isn't available in Jamaica :(

Re: Ask HN: How do I accept all major credit cards when not based in the US?

#12

Post by marcamillion » Tue, Mar 02, 2010, 6:36 AM UTC

aguynamedben wrote: post #4

Not sure if it fits the bill, but check out http://www.xoom.com

This looks interesting, but I don't see any option about payment processing - i.e. accepting credit cards, etc. from my customers and transferring to my Jamaican bank accounts.

I have emailed them though, in the event that I missed something.

Re: Ask HN: How do I accept all major credit cards when not based in the US?

#13

Post by marcamillion » Tue, Mar 02, 2010, 6:39 AM UTC

Here is a link to some FAQ's for BOA.

https://www.bankofamerica.com/www/en_US/eas-docs/cfc-help/he...

Although I can't find the part about the limit of $10K. Maybe it is just for my type of account - free student checking. Will have to upgrade the account some time soon, I imagine.

Re: Ask HN: How do I accept all major credit cards when not based in the US?

#14

Post by starkfist » Tue, Mar 02, 2010, 6:40 AM UTC

marcamillion wrote: post #10

By the way...just to update this thread. So I have both a Wachovia and Bank of America account. Apparently Bank of America allows you to order wire transfers online - through their 'transfer' feature. These orders can also be standing orders. I think this will suffice for what I need in the near-term. BOA's website has this to say about SafePass and transfers: With SafePass, your daily limit will increase from $1,000…

Just a warning, BofA wire transfer probably won't work. I tried to set this up with a landlord years ago and what happens is that the transfer amount will be locked up for a week or two, the transfer won't go through and then you'll both get charged fees for it not working. Maybe it's better now, but I doubt it.