How difficult is it to tie a payment system and a money withdrawal system to the site, having the status of an individual?

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Raul Abdullin2021-09-12 08:42:24

Payment systems

Raul Abdullin, 2021-09-12 08:42:24

Making an MVP version for a web service. We have 2 options: 1) Attach the payment system to the site, and users of our site should be able to withdraw money to their bank accounts. 2) Do not fasten the payment system for now and allow transactions to be made directly. The question is how financially and time-consuming it is to screw up payment systems for individuals. Given that in the case of fastening the payment system to the site, we will need 2 main functions: 1) Payment acceptance. 2) Withdrawal of funds to users on their bank accounts. I would like to test MVP at the beginning, so we count on minimal financial and time costs. Thank you.

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5 answer(s)

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Sergey Gornostaev, 2021-09-12
@raulvodov

As far as I know, it is impossible to legally do this in the Russian Federation.

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rPman, 2021-09-12
@rPman

Enter and withdraw cryptocurrencies.
Legally, it is still possible to 'choose jurisdiction' where it is either legal or does not affect the law due to its rigidity.

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boss_lexa, 2021-09-14
@boss_lexa

For a quick test of MVP marketplaces, there are ready-made platforms with payments, for example ,
https://www.sharetribe.com/
you need answers to the questions below:
1) What do you accept payments for? digital goods, physical goods, services?
2) from which countries are the payers?
3) what countries are the recipients of the transfers from?

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Slonoed, 2021-09-16
@Slonoed

Do you want to accept and withdraw funds without a legal entity?
You desperate guys, apparently want to sit down for illegal business activities?

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ElienaBon, 2021-11-12
@ElienaBon

Everything is simple! You take and purchase verified PayPal accounts on GCtransfer .com. I use for a long time. Recommend