Getting a merchant account for an offshore tech business can’t always be the easiest thing in the world. You sell a service that does not show up on the door in one to two weeks. You provide technical support for whatever industry you have decided to work with. The only person that really knows that you are doing anything is the computer owner, or for that matter, for the service you provide. Meaning, that evidence that you are really in business, will be held in the paperwork you file at the end of each session.
How to get an offshore merchant account begins with the inquiry into a high-risk merchant account servicer. From there you will have many questions to answer and some evidence to bring forward, proving without a shadow of a doubt, that you are truly in business. From there, they will have a few other questions and you should be up and running in a few days.
There never is a guarantee that you can get a merchant account, but with the high-risk guys, they have you covered. They will answer any questions you have and then they will return the favor and ask you some questions. You won’t have to shop too far, they know their business.
They will take the information provided by you and shop for you at the various offshore banks they have. More questions may be asked, but don’t fret, it can only get better from there.
Once all the questions are answered and the paperwork is filled out, you are on your way to an account. Be truthful in all of the paperwork. If they find something that is not, you could lose your merchant account, and isn’t that why you chose this group? Because they specialize in working with computer technical support accounts. Any erroneous processing that you did not spell out on your application, will be scrutinized and could cause you an issue. So, in the long run, take the time to cover all that you do so you don’t lose what you have worked so hard for.
A little more
If you didn’t know it before, you will be paying a little more for your processing fees. Over time, you might be able to do some wheeling and dealing with your merchant account processor and get them to lower that. Just make sure your account is squeaky clean and you have had no issues. The cleaner you are, the more likely they will be willing to work with you.
As for that
Take your time when you decide this is the kind of merchant account that will work for you. Cover all your bases, tell the truth, keep the accounts running smoothly and you should not have any problems with your servicer or your customers. Keep your service a top priority and work on your business plan.