Community Q&A
Questions
3,063 questions answered by experts in payments, banking, and financial services.
Can Dwolla be used for cross-border transactions?
If we formed a Delaware company as foreigners living outside the US, how can we open a US bank account?
What’s the single most important thing startup founders should do before executing their idea?
Where can developers connect with an active PayPal user and API community?
Are traveler’s cheques still a viable payment or credit tool today?
What types of fraud risks are associated with ACH transfers and wire transfers?
How can someone obtain a US-issued credit card to use services like iTunes Match while living abroad?
How are mobile payments likely to evolve over the next few years?
Is there an online solution for electronic letters of credit (LCs)?
How are mobile payments expected to change over the next several years?
Are there digital or online systems for issuing electronic letters of credit?
Money Transfers: Has Obopay been bought by AlertPay?
Payments, Cryptography, Digital Currency, Funds Transfers: Is the SWIFT messaging network still relevant in today’s hyper-connected, technology-driven world?
Has Obopay been acquired by AlertPay?
Is the SWIFT messaging network still relevant in today’s hyper-connected, tech-enabled world?
What does a US business need to accept non-US credit cards, technically and administratively?
How does credit card processing work, and what role do companies like Authorize.net play?
What technical and administrative steps must a U.S. business take to accept foreign credit cards?
How does credit card processing function, and what services do companies like Authorize.net provide?
What is the procedure for opening a bank account in the United States?
How can a small U.S. high-tech firm open a business banking account at a European bank?
How can someone open a UK business bank account without physically being in the country, but with a registered Ltd company?
What is the most economical method to transfer money from the U.S. to India?
Is there any directory or listing of routing numbers for prepaid debit card-issuing banks that support direct deposit?
What are the steps to open a bank account in the United States?
How can a small US-based tech company open a business account with a European bank?
How can someone open a UK business bank account without being physically present (for a registered Ltd)?
What’s the cheapest way to send money from the US to India?
Is there a database or directory of routing numbers for prepaid debit cards that support direct deposit?
What are cost-effective, reliable ways to receive online payments in Pakistan?
What are reliable and affordable ways to receive online payments in Pakistan?
Which companies handle online card processing in Scandinavian countries?
Does the primary recipient in PayPal chained payments qualify as a money services business?
Do white-labeled online payment providers in receiving countries also handle regulatory compliance in sending countries?
Which providers handle online card transactions in Scandinavian markets?
Does the main receiver in PayPal chained payments count as a money services business?
Do white-label payment providers in receiving countries also manage regulatory compliance in sending countries?
Where can businesses innovate or stand out in mobile commerce?
Would a lending or borrowing platform be classified as a money transmitter?
How do corporations transfer billions of dollars between each other?
Would a site enabling peer-to-peer lending/borrowing count as a money transmitter legally?
What’s the best Twitter strategy for responding to angry customers?
How do corporations move billions of dollars safely between companies?
Why hasn’t Dwolla been incorporated into invoicing software or applications?
Why doesn’t Dwolla integrate directly with invoicing tools or accounting apps?
My question is, what legal rights do I have when presenting my cashier’s check to US Bank for cashing?
What is the most effective method to accept credit card payments over the phone?
What is the most effective way to accept credit card payments over the phone?
What legal rights do I have if US Bank cashes my cashier’s check when I present it?
Does any payment processor offer services without charging a fee for chargebacks?
How does someone go about launching a payment gateway?
Where can I locate import–export rules and customs regulations for different countries?
What happens if a cashier’s check is lost or destroyed before deposit?
What costs do banks incur when a deposited check bounces?
Are there any payment processors that do not charge chargeback fees?
What are the steps involved in starting a payment gateway business?
What happens if a cashier’s check is lost or destroyed before being deposited?
What costs do banks incur when handling a deposited check that bounces?
How much do younger generations still rely on cash for payments?
How much do younger generations rely on cash compared to digital payments?
As an Australian resident with a Delaware LLC, which US bank should I use and how do I open an account?
As an Australian with a Delaware LLC, what’s the best U.S. bank for a business account and how do I open one?
How do banks and similar institutions manage recurring tasks or automated processes?
What exactly occurs when money is sent through Western Union compared to a service like XOOM? How do they differ?
How do banks and companies manage recurring financial and operational tasks?
What is the difference between sending money via Western Union and services like Xoom?
Why is it not possible to electronically transfer funds between banks in the U.S.?
Why isn’t it possible to instantly transfer funds online between US bank accounts?
In Second Life, why isn’t there a prepaid debit card available for spending Linden Dollars?
What is the simplest method of laundering money?
Is money laundering harmful?
Why doesn’t Second Life offer a prepaid debit card for Linden Dollars?
What is considered the easiest method of laundering money?
Is money laundering inherently harmful, and why?
Would modern AML and KYC regulations have prevented asset transfers during historical crises?
Do I need to give my developer details about my credit card processor/acquirer, or is providing the payment gateway information sufficient to set everything up?
Does a developer need access to acquirer details or just the payment gateway to set up payments?
Beyond Google Checkout, which platforms let merchants issue and redeem coupon codes at checkout?
What’s the best way to send mass payouts?
Which countries let businesses issue invoices in foreign currencies locally?
Are there payment platforms that support coupons and discount codes during checkout besides Google Checkout?
What is the most efficient way to send mass or bulk payments?
Can anyone share real-world experiences using Dwolla for online payments?
Why did major Israeli banks restrict access from overseas connections?
How is the mobile payments industry expected to develop over the next few years?
Why did major Israeli banks restrict or close access to overseas connections?
What are the most critical challenges faced by small businesses today?
Why has Skrill, formerly Moneybookers, lost popularity over time?
What’s the most effective way to send money online?
Which web hosting companies are considered the best globally?
What is the most efficient way to send money over the internet?
Why has NFC struggled to become a mainstream mobile payment technology?
Why hasn’t a significantly cheaper alternative to payment processing emerged?
What’s the best method to send money from Croatia to the U.S.?
What’s the best way to receive money online?
Is Authorize.net obligated to hand over user data on request?
What is NetPayment, and how does it differ from ACH?
Why hasn’t a significantly cheaper alternative to payment processing emerged yet?
What is the best method for sending money from Croatia to the United States?
What is the most reliable way to receive money online?