Seeking US Principal Signer for Foreign-Owned LLC Payment Gateway

[johndoe11]

I'm a foreign owner of a US LLC seeking a US citizen to act as a principal signer for our payment gateway merchant contract. We need someone who can provide:

• Valid SSN
• US passport
• Proof of residential address

Has anyone here successfully found a US principal signer for a similar situation? Any recommendations on how to find a reliable, trustworthy person in the US to act as the signer?

 

[daniels27]

To be honest, your request sounds strange. I do not know where and when, but US passports are very, very, very rarely used for any banking etc. purpose. Not even at the SSA, people use US passports. Why? Simply because US passports are just not that abundant in socitey. That's why normally only drivers licences (and birth certificates at SSA, etc.) are used.

And besides that why would somebody lend his name for you? If you are looking for somebody here, you would at least have to disclose what the gateway will be used for. Alternatively, go to the US and look for people on the street, you will find plenty (with SSN, drivers licence and proof of address -- but again no passport).

 

[johndoe11]

So the situation I'm in is that I'm a foreign US LLC owner and I'm having trouble getting approved by US payment gateways. Nearly every single one I've talked to (over 30+) have said that regardless of EIN or ITIN, they require a US principal signer for the merchant account contract. I believe this requirement actually comes from the underlying merchant bank who takes on the risk of onboarding a foreign owned LLC.

Only 2 gateways I've spoken to (Zenpayments & Revitpay) have said they can onboard me with an ITIN.

However, it's going to take another 8 weeks til I get my ITIN and even then, I don't want to be in a situation where when I actually do the application, they come and say they need a US signer like every single other gateway.

So, I want to see if I can get a US signer. In terms of requirements, the gateways basically said they need to KYC this individual and they mentioned photo ID including passport, doesn't necessarily need to be passport tbh - could be license (basically photo ID for KYC purposes).

If somebody here can help me, I don't mind disclosing further details about the gateway or my business. But right now, I am looking at getting a US signer so I can set up with either NETBilling, Revitpay or Zenpayments.

 

[forward]

I'm a foreign owner of a US LLC seeking a US citizen to act as a principal signer for our payment gateway merchant contract. We need someone who can provide:

• Valid SSN
• US passport
• Proof of residential address

Has anyone here successfully found a US principal signer for a similar situation? Any recommendations on how to find a reliable, trustworthy person in the US to act as the signer?

how much you're willing to pay for this ? are you trying to get MID's?

 

[johndoe11]

how much you're willing to pay for this ? are you trying to get MID's?

Well i don't know - what is the market rate for a person willing to offer themselves for this kind of arrangement?

MIDs? Merchant identification numbers? I'm trying to set up an account with a merchant gateway that will support a foreign owned LLC start-up operating in the adult/high risk category