Wise in Europe, Company as LLC in the US: Can't seem to be able to link a payment gateway with Wise....

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seel

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Sep 9, 2021
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Hello guys,
I am having trouble opening up an account with a paiement gateway and link it to my Wise Business account in Europe, knowing the company is a US LLC in New Mexico and my customers are in Europe.

If I open an account with Stripe for example, then it seems I am required to have a US Bank account to link to my account. Obviously not interesting for me as I am getting paid in Euro
Anyone familiar with this kind of issue?

Thanks
 
Can't you just connect your USD Wise business account? You are getting paid in EUR but Stripe will convert everything to USD adding a 2% currency conversion fee on top of 2.9% commission fee.
 
Thanks for the feedback. I didn't try, as it doesn't make sense to process paiement through USD back and forth....I thought Stripe could process cards in Euro for instance, but maybe only for European based company? Anyway, thanks for the input.....
 
seel said:
seel said:
thought Stripe could process cards in Euro for instance
Click to expand...
Click to expand...

Stripe will process EUR payments for you but it will convert EUR to USD since that is the settlement currency. If you want to process EUR payments it would be better for you to use a UK LTD
 
Thanks Marzio....that make sense....
I will look for an alternative solution...I am sure they exist.....
 
seel said:
seel said:
Thanks for the feedback. I didn't try, as it doesn't make sense to process paiement through USD back and forth....I thought Stripe could process cards in Euro for instance, but maybe only for European based company? Anyway, thanks for the input.....
Click to expand...
Click to expand...
You will need a company in Euroland for this, so you have euro as base currency.
Stripe converts all incoming payments into your base currency (which is USD since its US based).
 
seel said:
seel said:
I am having trouble opening up an account with a paiement gateway and link it to my Wise Business account in Europe,
Click to expand...
Click to expand...
why?? it works fine for me. Payment gateway in Latvia and Wise account, they pay like a clock work.
 
Again thanks everyone for the inputs.
Marzio....Mollie doesn't work....Tried it and your feeling was right, they can't handle the US LLC with Euro paiement for Euro bank account in Belgium (wise).
Thanks JackAlabama....I here you. Not interesting to have a EU company for many reasons....but you make sense and this is what I am finding out so far......Still feel there might be a way to do that......
Sonata....which one in Latvia? Same question as Marzio.......would be great if that works.....

Have a nice week end all
 
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