Module 02
Becoming a Merchant & Choosing the Stack
Answer 'which provider' only after answering what kind of money flow this is, where it starts, where it lands, and who is legally selling.
5 lessons · 3 videos · 22 min
- 02.01
Gateway, Processor or Merchant of Record
Distinguish the three things people call 'a payment provider', and say which one changes who the legal seller is.
- 02.02
The Tax You Stop Owing
Say what sales tax, VAT and GST obligations a merchant of record absorbs, what it does not absorb, and what nexus means for a seller who has never left home.
- 02.03
Selling From India
Choose a rail for an Indian entity taking money from abroad, and name the licence, the code and the certificate that decide whether you can.
- 02.04
Selling to the World
Separate the currency a customer is shown from the currency you are paid in, and explain how a rupee sale gets reported as a dollar one.
- 02.05
The Account You Cannot Get
Describe what a provider is underwriting when it onboards you, and name three legitimate businesses that will be refused an account anyway.