The Benefits and Potential of Offshore Merchant Account - Payment Guru

An offshore merchant account is a good option if your business is located overseas. If you are deemed unsuitable by US banks or processors, an offshore merchant account can help you to finance your business. While an offshore merchant account typically has higher processing rates and longer holdback periods, it requires deposits.


An Offshore Merchant Account: The Benefits


You will be able to enjoy the many benefits of an offshore merchant account once you have one. You will enjoy easy access, credit card processing, and lower taxes. While having your business overseas is a great advantage, it is crucial to be careful about who you choose to do business with.







Take Note of "Unbelievable" Offshore Merchant Account offers


When you have difficulty getting an account at other banks, some offshore merchant account providers may offer you a great deal. Keep an eye out for scams. Many companies will try to convince you to open an offshore merchant bank account. However, they only want your setup fee which can sometimes reach several thousand dollars. Don't let anyone fool you.


Rates and fees for offshore merchant accounts


Although some offshore banks and credit card processors may charge slightly more processing fees and discounts rates, merchants realize the tax savings that they get by processing offshore. Online casinos, adult, pharmacy, and travel merchants are high-risk businesses that prefer to use an offshore merchant account. Most domestic banks (US), decline these types of business due to high volumes, possible chargebacks, refunds, etc. Offshore banks are more open to tax savings, underwriting policies, and sales volume restrictions.


Choose Payment Guru, We are one of the best offshore merchant account providers across the world. Also, we are the No 1 high risk payment gateway providers for any kind of online business. Visit the site now for further details - https://payment-guru.com/

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