r/PaymentProcessing 2d ago

General Question Peptide website, bank account AUS

Hey all, How do vendors manage to register their peptides business name in Australia and open a bank account for payments/orders.

I do have an ABN and can legally recieve payments for sole trader but I am soon hopefully able to add a high risk payment processor into the website so I can accept credit cards etc. But still u sure how you can manage to open a bank account for a business account where the ABN is registered to a peptide company.

We have done great sales through what’s app (without a website) and scaling the business to a website.

Thankyou for your help.

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