Overseas merchant accounts
Merchants who have been turned down by domestic banks and/or are unable to get a merchant account for their high risk business elsewhere, often tend to turn to overseas internet merchant accounts as their last resort. High risk business that often find it difficult to obtain a merchant account domestically include, online pharmacies, adult websites, telemarketing sites, escort services etc.
Most of the businesses are moving towards the internet these days, and on the internet, accepting payments for products and services can be a challenging task, especially when you are a higher risk business with either bad credit history or higher possibility of chargebacks.
For business that classify under the high risk business category find it very difficult to lure acquiring domestic banks to provide them with merchant accounts so that they are able to accept payment using credit cards from their customers. This is where offshore merchant accounts have become really popular – overseas internet merchant account services provides great solutions for high risk businesses, since offshore acquiring banks have fewer trading restriction and formalities (as compared with the domestic country), so they are more likely to approve offshore internet merchant accounts of high risk business.
What is overseas merchant account?
Overseas merchant account is a merchant account specifically designed to process credit card payments online. The internet version of the credit card processing account has more security and controls over the traditional merchant accounts.
In addition to an overseas merchant account, you also get a payment gateway service, which allows the money processed to move from the shopping cart through to the banks or your credit card companies account instantly. Thus, overseas internet merchants accounts makes the process of accepting online payment using credit cards simple, quick and really secure for both the high risk merchant and the client making payment for the service.
Benefits of overseas merchant account
There are numerous reasons as to why a merchant would require an overseas internet merchant account. Some of the major advantage would include:
- Overseas Internet merchant accounts are provided with favorable tax benefits in the country where the business is established
- Overseas Internet merchant accounts provide very competitive rates and fees, which can at times be lower than those offered by domestic acquiring banks for traditional internet merchant accounts
- Overseas Internet merchant accounts allow you to accept credit card payment in almost all types of currencies from various types of credit cards
- Overseas Internet merchant accounts offer your business an avenue to increase your sales considerably and make heavy profits
Why AMSLV overseas internet merchant account
We at AMSLV provide our clients with credit card merchant account experts, who help you review your business needs and helps determine the type of overseas Internet merchant account that first your needs. We have an extensive network of overseas acquiring banks which assist us in setting up your overseas Internet merchant account in 2-3 working days right after your application has been approved.
With vast experience in providing a number of high risk businesses with overseas merchant accounts, we can help your business to no matter if it is just a start up, or an existing business that is looking forward to make savings on merchant accounts, while also enjoying lesser restrictions and limitations. Be it casinos, gambling, adult content, gaming, collection agencies, pharmacies, we have do have a merchant account solution for you all.
For more on overseas merchant accounts, how they work, what benefits does an overseas account have over domestic merchant accounts, or any other specific query you have, it is advisable that you give our staff a chance to interact with you. You can call us on our toll free number 702-456-1116 or write to us at [email protected]
