There are several factors that might put your business in the high risk category. One of the main reasons has to do with the higher rate of chargebacks and disputes. As a high risk business, you’ll be unable to secure a standard account with the majority of acquirers, so you should look for a respectable
When asked how to accept credit card payments when being located outside of the US, many would tell you to use a PayPal account. If you have a Point of Sale (POS) terminal at your “brick and mortar” location, you’d be told to process payments through your POS terminal, using the “Print and Call” option
A high risk merchant account is a way in which merchants can quickly and easily process credit cards online, so that they can receive payments that are due. There are many providers for high risk offshore merchant accounts. The difference between the types of high risk merchant account lies within the providers of the service.
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
As with anything, having an offshore merchant account has its advantages as well as disadvantages. The advantages outweigh the negative for those that need it to. Meaning, the very reason you went after an offshore account was because of the difficulty getting an onshore merchant account. Advantages No limit to the amount of transactions you