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Old 05-30-2016
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Default Merchant accounts whats the downfall?

What do you guys think is the downfall of having a merchant account and do I have to pay taxes for every sell or is it until I sell 20k??
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Old 05-30-2016
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Default Re: Merchant accounts whats the downfall?

You would need to talk to an accountant about what taxes you legally have to pay
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Old 05-30-2016
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Default Re: Merchant accounts whats the downfall?

okay thnks, do i have to set up like an LLC or any form of business to get a merchant account?
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Old 05-30-2016
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Default Re: Merchant accounts whats the downfall?

Is this in lieu of paypal for a US ebay account?

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