I need a partner for payment gateway

***blackhatmask*** · 10-27-2014, 04:51 AM

Hello my friend s i need a payment gateway from which i can accept credit card payment and check payment for high risk bussiness i will give 10 % commission for each sale i make on that account and i usually make around $1000 on a day so your will be also earning an extra $3000 a month easily.. [Image: cool.gif]

***Google_Bot*** · 10-27-2014, 05:37 AM

why not open a payment getway yourself?

***blackhatmask*** · 10-27-2014, 05:48 AM

because it needs an usa account to get a gateway Cool

***EZPaydays*** · 10-27-2014, 09:41 PM

What about the tax repercussions for the US person who will have 100% of the earnings count towards income vs the 10% they are actually making?

***blackhatmask*** · 10-28-2014, 02:25 AM

Well that's the case we can increase my percent to %20 of earning

***phpwebcreators*** · 06-20-2015, 05:04 AM

***aw4248*** · 06-21-2015, 10:22 AM

hi
i'm intrested , wat is ur product? PM me thanks!

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***kirstie*** · 08-09-2015, 01:22 AM

(10-28-2014 02:25 AM)blackhatmask Wrote: Well that's the case we can increase my percent to %20 of earning

Even 20% is extremely low for a high risk business.

A high risk business is defined by card merchant account providers as having an exceptionally high chargeback rate and/or risk of fraud.

So, if you are putting $30,000 in sales through each month, that equates to $360,000 a year. It's not uncommon for a high risk business to have chargebacks / fraudulent transaction rates of up to 45%.

This means that if you pumped your $360,000 through someone else's account, that person could end up being personally responsible for $162,000 in charge backs (unlikely, but possible)

And on top of this, the person owning the account could end up:

1. Potentially responsible for paying tax on the total turnover, and
2. Possibly even be charged with money laundering

This is exactly the reason why 90% of card merchant account providers (like Paypal, WorldPay, Stripe etc) won't touch high risk businesses with a 100 foot bargepole.

Looking at your turnover, your best route would be to simply set up a US company in somewhere like Delaware and then set up a Paypal account in that company's name.

***indigenius*** · 08-09-2015, 02:15 AM

The person is specifically asking for a payment gateway for tech support.

There is a lot of money to be made in tech services. Me and my partner have been running a tech support since last 3 years and make $1000-$1200 every day. After deducting expenses of running ads and 20% deductions by payment gateway, we still end up with around $600 every day.

To the op: Go to quora and search.. You will find plenty of people who offer the same.