Our High Risk & Offshore Processing is established based on relationships formed for specific accounts which cannot get approved by U.S. banks due to the nature of the product or service for which they are seeking processing services.
High Risk & Offshore Merchant Accounts
Merchant Deals has partnered with several offshore processing banks to provide any legal business with the credit card processing they need.
What Is An Offshore Merchant Account?
An offshore merchant account is a merchant account that is processing through a non-domestic (Non-American) processing bank. Foreign processing banks are not subject to the same federal restrictions as American processing banks, so the types of businesses that they provide services to is also less restrictive. Offshore providers are generally significantly more expensive than American processing banks, but they don't have volume or ticket size restrictions that American processing banks often have. Many American companies use offshore processing banks for their credit card processing because their businesses fall into a high risk category.
Why do I need an Offshore Merchant Account?
Why do I need an Offshore Merchant Account?
Many businesses need to process through an offshore merchant provider because their business is considered high risk, or American processing banks will not provide to certain business types. High Risk Service websites, although carrying some of the largest profit potential, are not able to process through American processing companies, and must use offshore providers. Non-American businesses have the option of processing through a local bank, or an offshore provider. Many times the offshore provider will cost less than a local bank. All travel related and advanced booking businesses are unable to process through US companies due to very high chargeback potential.
High Risk / Offshore Merchant Account Categories:
- Travel Agencies and Travel Related Businesses.
- Online Pharmaceutical Companies.
- Many Online Electronics Retailers.
- Debt Collection.
- Telemarketing Agencies.
- Some Ecommerce Businesses (depends on products type).
We can now provide international, and higher risk businesses with merchant services so their businesses can accept credit cards. Whether your business is a travel agency, or an online pharmacy, we can help your business to accept credit cards. Because, we have several offshore processing partners, we can offer your business the lowest rates possible.
With a high risk merchant account, your business will have unlimited processing volume. No volume restrictions at all to hinder your businesses growth.
Our offshore merchant account department is run through our offshore division.
For additional information please fax your request specifically detailing the type of merchandise/service offered and any special requirements. Once received an off shore account specialist will follow up to discuss further progress.
Fax 305-384-7006