There are two types of banks in this context. The first type is online banks, also known as E-Banks. These are digital banks that are officially licensed by entities like Wise (licensed by the Financial Conduct Authority - FCA) and are used by official banks in the UK, US, and Europe for holding funds.

The second type is electronic banks that are licensed as electronic banks but rely on an officially recognized bank, such as the FDIC in the US, for their operations. An example is Mercury, which operates as an electronic bank relying on an accredited official bank. In contrast, Wise is licensed as an electronic bank but relies on several banks. In this case, Wise acts as a money management platform.

Each platform has its own policies. If you want to keep your accounts active, you must adhere to the platform-specific regulations. Based on our experience with numerous clients, Stripe is a reputable payment gateway with good support. Closing an account with them is not easy, and if it does happen, it might be due to a mistake on your part. They usually provide a reason for the closure. On the other hand, platforms like Wise might close accounts without a specific reason, so it's recommended not to keep significant funds there and have a strong alternative like Payoneer or another bank.

Yes, you can get a Visa card from banks like Payoneer, Wise, Mercury, or Brex. Each platform has its own conditions for issuing a Visa card. You can communicate with them to obtain a Visa card and have it sent to an address in the US. We can then arrange to forward it to your country, with shipping costs covered by you.

Yes, you can work on Amazon and open a merchant account after establishing a UK company. You can use the US address, documents, and bank account for working with Amazon seamlessly.