Any
business is incomplete without a merchant account as it provides freedom for
independent credit card processing to the business owners, but an offshore
merchant account offers several
Offshore
merchant accounts are quite different from domestic merchant accounts and have
fewer trading restrictions. It is not a tough deal for any merchant to acquire
an approval from an offshore acquiring bank. This rather makes it easy for merchants
dealing with the high risk industries to get their merchant accounts.
Offshore merchant account |
Major
advantages of Offshore Credit Card Merchant Account Processing
·
Transaction
volume Caps Not Charged: Generally offshore acquiring banks do
not put any cap on how many transactions you can make process monthly. This
grants your business full freedom to maximize profits and reach out to the full
potential.
·
Offshore
Credit Card Processing: Through offshore high risk credit card
processing, you can accept payments in multiple currencies.
·
Low
or No Taxes: With offshore high risk processor,
you can get benefit from jurisdiction’s tax requirements
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