posted on Jan, 21 2005 @ 08:46 AM
If you want to add credibility to your business then go with someone like Verisign and use their
. Paypal is a scammer's delight and they also are quite
good at freezing funds when they feel like it. Read up on them and you'll see.
Verisign is worth the money and that's all I set clients up with. Never a problem and done ahead of schedule. I'm not sure about Europe but in the
US you'd need to incorporate to obtain a tax ID which is required for a commercial bank account which is required for a true merchant account.
This is why Paypal is so popular -- all those requirements are gone and anyone can sell anything online. Of course the question is, if you plan to
attract western consumers, everyone knows that sending money to paypal overseas is a crapshoot.
Just some input from someone who has done a few of these and has used paypal.
Good luck on your venture!