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10 Replies Last post: Jan 2, 2008 7:58 PM by CorpCons08

Aggregators Internet Payment System

Jan 2, 2008 12:25 PM

AraPay 5 posts since
Jan 2, 2008

We are a small group of foriegners just start and operating a website just like PayPal, and we try to find credit card processing but with no luck, due to SSN requirments and other issues.

Now we are looking for a US citizin partners to join us.

We have a US company and have EIN Tax number for our company and all our papers and documents are legal.

In addition we have several ideas but can't do any thing due to the reasons above.

Interested parties may contact me directly at this email

sa(at)arapay.net

Thanks
Safar

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LUCKIEST 5,717 posts since
Aug 6, 2007

1. Re: Aggregators Internet Payment System Jan 2, 2008 3:45 PM

AraPay, Sounds interesting. Let me talk to my Lawyer first.
Have to find out if a US citizen partners can solve SSN requirements.
What other issues?? LUCKIEST

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AraPay 5 posts since
Jan 2, 2008

2. Re: Aggregators Internet Payment System Jan 2, 2008 4:28 PM

in response to: LUCKIEST

Hi,

Thanks for your reply and interest.

Other issues are as follows:

Some bank ask for utility bill for our business office ( which we don't have, since we operate remotly via internet)
Some ask for signer ( or somthing like that)

Other small issues can be solved easly

if interested I can directed to the credit card processing company with whom we almost completed 90% of our efforts and job, if we come to an agreement and sign an NDA we could send you complete contact details, so you can push this forward to completed, and we aredone.

Thanks
Safar

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CorpCons08 1,127 posts since
Nov 14, 2007

3. Re: Aggregators Internet Payment System Jan 2, 2008 5:24 PM

in response to: AraPay

Even operating remotely, you would have a physical location (home or business).
Are you not operating out of the United States at all?

Of course you would have to have a signer on the account.
Why are you having issues being a signer?

CC08

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AraPay 5 posts since
Jan 2, 2008

4. Re: Aggregators Internet Payment System Jan 2, 2008 5:50 PM

in response to: CorpCons08

CCO8, we are not resident of US, we operate our business from Middle East, China and India and this is the reason we are looking for american or US residence partner. If you read first post carefully you will know the issue.

if I can be a account signer then I wouldn't have these issues at all.

Thanks anyway

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CorpCons08 1,127 posts since
Nov 14, 2007

5. Re: Aggregators Internet Payment System Jan 2, 2008 5:51 PM

in response to: AraPay

It's not that it's not being read, I'm not understanding...
Why are you establishing the accounts in the US?

CC08

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CorpCons08 1,127 posts since
Nov 14, 2007

6. Re: Aggregators Internet Payment System Jan 2, 2008 5:53 PM

in response to: AraPay

What did you use as an address when you registered the company and got an EIN?

CC08

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AraPay 5 posts since
Jan 2, 2008

7. Re: Aggregators Internet Payment System Jan 2, 2008 6:01 PM

in response to: CorpCons08

we use registered agent address, for our official letters only, also they ask too much to have a full virtual office eventhough; for banking matters they are not ready to act onbehalf of us ........... etc.

Our demand is simple.

American citizen partner to take care of issues in US.

That's it.

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AraPay 5 posts since
Jan 2, 2008

8. Re: Aggregators Internet Payment System Jan 2, 2008 6:09 PM

in response to: CorpCons08

To have such a business need to be regulated in many countries.

Our business now is micro payments no need to be regulated and go through a complecated procedures and follow the governments rules. in addition the ACH deposit only available in US and EU

Other thing, to have CC processor in our countries you must count to pay 7 - 12% as processing fees plus extra fees.

If I continu to talk about the reasons and why we establish our business here in the US I will need days to write just headlines.

Rgds

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Lighthouse24 2,231 posts since
Oct 10, 2007

9. Re: Aggregators Internet Payment System Jan 2, 2008 7:31 PM

In the Runa Simi language, ARAPAY means "to confuse or complicate." Granted, only about 11 million people speak it (and Peru, Chile, Argentina, and Bolivia are not exactly leaders in eCommerce) -- but the name still has "Nova award" potential as a brand identity in South America.

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CorpCons08 1,127 posts since
Nov 14, 2007

10. Re: Aggregators Internet Payment System Jan 2, 2008 7:58 PM

in response to: Lighthouse24

Wow. Good going LH.
That was interesting haha.

CC08

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This Question is Possibly Answered

Aggregators Internet Payment System

Jan 2, 2008 12:25 PM

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