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Q: I have planned on starting a retail/wholesale business over the net for time being (less costly) but to buy from some US suppliers they ask a 'Merchant Certificate' how can I obtain one in the UK?

Sep 20 2005

Answered by: Philip Wilkinson Ask a question

A “Merchant Certificate” is proof in the US, of your business’ ability to sell products online, which proves measures are in place to ensure your customer’s bank details are safe and that your website is secure.

In the UK, to accept credit card payments from your customers you will need a Merchant Services Account (MSA). There are three types of MSA:

1) Retail 'Face to Face'

2) Mail Order - Cardholder not present

3) Internet - Cardholder not present

You should contact your bank in the first instance. They will advise you as to the specific requirements that you need to achieve to be considered for an internet trading account. HSBC has produced a free guide called 'The Small Business Guide To The Internet'.

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