As many of you - who do not live in the us - surely know, it's near impossible to find an online merchant account/payment gateway other than paypal standard for non-us based businesses.
If there's any finance/banking/tax law gurus visiting these forums, I want to ask you:
- Why aren't there alternatives to Paypal?
- What are the legal/banking complexities or difficulties that stop most businesses and banks from serving non-us businesses?
- What would be required to start a service that does serve non-us based businesses?
From the little I know and have found online of any relevance...the problem lies somewhere along the lines of liability/risks for the banks due to the less than stringent laws of other countries other than the US when it comes to persecuting online fraud and what not?
All help/advice is highly appreciated G.Campos