Thursday, 28 November 2013

Advantages of Offshore Credit Card Merchant Account Processing



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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