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We're planning on using Spreedly on http://seoaholic.com, however, unrelated to Spreedly, which is easy to configure, getting the merchant account is the hard part.

'From scratch' it has taken close to 60 days - creating a company (LLC), securing a bank account, having the bank verify your physical location (even though you don't have one - don't ask) - total about 20 days.

Next, FirstData for the merchant account - talk to an account manager, then fill out a paper application, which leads to an online application via a relatively inflexible javascript-heavy website, then faxing supporting documentation, then applying for a state DBA license because the company name and the physical name don't match. Then, faxing personal bills with addresses that must match the physical address of the business address, even though there isn't one. All-in, this phase took about 20 days.

Next, website edits - They didn't like the word 'forever' on the pricing page, because it was too open ended. This phase has taken about 10 days.

We think we'll get it all done this week, at this point we're just waiting for an answer, but we had no idea how long it could take.



getting the merchant account is the hard part

Swombat wrote great article on this: http://news.ycombinator.com/item?id=530055




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