How Can Offshore Companies Benefit from Moto Accounts
MOTO accounts were created to take care of the credit card processing requirements of companies operating on email orders. Such companies often fall in the high risk category of banks and face a tough time in getting approval for a merchant account.
Credit card processor providers often suggest an offshore merchant accounts to such companies, as the approval process for them is not so stringent.
Let us read some more about MOTO accounts and Offshore companies.
A MOTO Account
Access to a MOTO account is always through a very secure page, hence they can be operated upon from any corner of the world. It is similar to a virtual terminal and it allows the merchant to process credit and debit cards very easily. He is also able to process orders received over the phone, my mail or by fax. These accounts are very appealing to merchants as he can process sales even while on the go.
Remote and Off Shore Companies
Offshore companies find MOTO account services very appealing as they can increase their volumes and profit margins through them. Their dependence on the internet is reduced. Most MOTO accounts come free with an IMA package.
Greatest Advantage of MOTO Accounts
The greatest advantage of having a MOTO account is the mobility and security that comes along with it. Offshore companies can keep providing service to their customers, even when they face a problem online. The sale can be saved and business is not lost.