Setting Up Online Acquiring as a Startup Firsthand - Round 1: Failed 🚫

Finance Tech Brief By HackerNoon

This story was originally published on HackerNoon at: https://hackernoon.com/setting-up-online-acquiring-as-a-startup-firsthand-round-1-failed.
A fun adventure and personal experience on setting up a payment processing system for a no-name startup in a foreign country
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A Georgia-based digital start-up is trying to get an online acquiring for its website. The company has no IT, relies on e-com plugins for CMS systems like Wix, Shopify, Woocommerce, and has no office. The only straightforward way is to use the local banks and payment providers. Dig into this first-hand experience.