Offshore Merchant Accounts for Online Tech Support Businesses

Nov 19, 2013

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.

No guarantees

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.

Offshore banks

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.



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Having a merchant account allows an account holder to take advantage of merchant cash advances. When a merchant is approved for an advance, the business agrees to receive a lump sum of cash in exchange for an agreed-upon percentage of future credit card sales.

Pricing varies depending on the merchant’s industry, past credit card processing history, the type of business seeking the account, average ticket sales, and average transaction volumes.

Yes, EMB works with merchants who are building their credit, as well as those who have poor credit. EMB also approves merchants that have no credit card processing history and businesses that have lost their merchant accounts due to high chargebacks.

Several factors influence a merchant’s risk level. Though only one factor likely will not get a merchant classified as high risk, a combination of these may: business size, location, and industry, credit score, credit card processing history, a industry’s reputation for excessive chargebacks, a prior history of high chargeback ratios, and whether a merchant exclusively sells online.

Virtual terminals are stationed on a merchant’s website, making it easy for customers to make a payment or purchase online. Merchants or a payment processor can easily set up virtual terminals, so online businesses can accept credit and debit card and e-check transactions.

A merchant account is a business account with an acquiring bank. Without this business account, which actually works more like a line of credit, a merchant cannot accept and process credit and debit card transactions. Businesses need a merchant account to accept major credit cards via a static point-of-sale terminal, mobile card reader, or through a virtual payment gateway.

After filling out EMB’s simple online application and submitting any necessary, requested documents, many merchants get approved within 24 and 48 hours.

EMB specializes in working with high-risk merchants. EMB works with many merchants, including but not limited to businesses in these industries: gambling and gaming, adult entertainment, nutraceuticals, vaping and e-cigarettes, electronics, tech support, travel, high-end furniture, weight loss programs, calling cards, e-books and software, and telecommunications.

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