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by garazy
5122 days ago
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I don't think it's totally unrelated, only having one or two third party life lines for charging customers in a currency other than AUD is fairly dire for the success of any "Silicon Valley" if the startups are planning on making any money from global online sales. |
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There may be some sectors which you could say you can't compete in on a global stage from Australia because of payment processing fees but it really wouldn't be many. What is the big deal about setting up a US company to handle it? Why not charge US customers in USD?
There are so many options that to dismiss running a business from Australia because of the extra few % really may be a problem in your business plan and product instead of payment processing options/cost.