Question:

Is there a way to make credit card payments to myself?

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I am trying to start a small business. This business is a product that should sell pretty well to truckers for there semi. I met the owner of this company and he will give me a great deal on this product as long as I buy from him direct and work for myself and not for him. My plan is to sell this product to retail stores for a profit that they wont see, I will charge them a a higher amount than what I bought for the only thing is how could I charge credit cards and have it go directly into my account? Then I would have to go and seperate the profit from what I will owe to get the goods to the store. Is it possible to that? Cash would be great! I wont actually have a company name but my personal till I know this would work, would that be a problem?

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2 ANSWERS


  1. you are getting tangled up.

    Any store will talk to you if you can make them money.

    Cash is not necessarily great, it depends on many things.

    Most card companies charge 2.5-6%

    of the gross amount and remit to you

    30 days later, your part; thus, they

    kite too.

    Available to guide you for free.


  2. YIKES!  This sounds complicated and borderline fraud if not full fraud.  I would rethink this.  Could be more trouble than it's worth.  Can't you pay for the items at his cost first, directly to him, then any money you make off the items is all yours?

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