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Thread: Merchant account solution

  1. #1

    Merchant account solution

    I'm running a website where I'll be selling on a low volume. I'm trying to register for 2CO for easy processing. They ask for company information and other thing. I don't own a company. Just do internet marketing and have personal accounts. How to proceed?

  2. #2
    Join Date
    Jun 2006
    Location
    East Hampton, NY
    Posts
    1,896
    At some point you'll have to enter a company. Just enter whatever you want, John Smith Company will do and use your social security number as your tax ID. You'll need to verify a bank account as well so be prepared.

  3. #3
    Join Date
    Feb 2007
    Location
    Milwaukee, WI
    Posts
    1,013
    Roban's suggestion is the best. If you are just doing a low volume of business, it's not worth the hassle of registering a business name.

  4. #4
    Join Date
    Dec 2011
    Posts
    98
    I have same problems . Roban's ideal is very good , i will do it as you say thank you ....

  5. #5
    Join Date
    Jun 2011
    Location
    portland
    Posts
    48
    it may be can not proceed

  6. #6
    Join Date
    Nov 2010
    Posts
    96
    Having company is important. God forbid somebody will have legal action against something. You need to protect yourself from business issues.

  7. #7
    Join Date
    Jan 2012
    Location
    Odessa
    Posts
    19
    I guess if you represent yourself as a freelancer it won't do but have a try))

  8. #8
    Join Date
    Dec 2011
    Posts
    6
    To be a freelancer is a good solution.

  9. #9
    Join Date
    Oct 2011
    Location
    New York, NY
    Posts
    8
    You may want to use PayPal to accept payments online until your have a legal entity.

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