Offshore Merchant: Accounts, Processing, and Processors
Since the Internet has become one of the main and most profitable ways of doing
business merchant account providers and banks have become very competitive.
Becoming competitive theyâ€™ve strived to service large and profitable businesses.
Now merchant accounts have rather low commissions but it is very difficult for
some starters to get a merchant account.
An offshore merchant account is a very easy way to get a merchant account outside
your country. As a rule getting a high risk offshore merchant account is easier
than getting a normal merchant account (this does not mean that an offshore
credit card merchant account is not normal). Offshore banks, outside the U.S.
have flexible guidelines for an internet offshore merchant account, which makes
it easier to get a strong offshore merchant account.
The advantages of offshore banks merchant account services are:
- Instant and secure transactions for your clients;
- Powerful feedback statistics from your provider;
- Anonymousness (anonymous bank offshore merchant account)
- Fast and easy setup
- 24/7/356 availability and stability
- Low or no taxes
Offshore merchant accounts are super-fast to setup get working. Signing up
as an offshore merchant takes a few minutes if done online! And youâ€™ll
be able to accept credit cards instantly, without losing time and money. The
choice of offshore merchant accounts is much vaster than the choice of local
merchant accounts. There are thousands of banks worldwide all willing to work
for you on different terms. Itâ€™s up to you to make the right choice and
choose the best offshore merchant account which will suit your business. It
will be just a matter of time to find the best and cheapest offshore merchant
Offshore merchant credit card processing has higher transaction or commission
fees. This is because there is no competition among offshore banks. Also not
all offshore banks provide offshore merchant accounts. Due to these facts (enormous
amounts of offshore banks, terms and conditions, and service availability) some
companies help merchants find the best suited offshore merchant accounts for
Summing everything up we can come to one conclusion: if it is hard for you
to get a merchant account due to different problems (young business, high risks
or high charge backs, low incomes, low monthly totals) an offshore merchant
account would be the best solution for you.