Merchant Stronghold Merchant Stronghold is the #1 High Risk Merchant Services Provider
Introduction about offshore merchant accounts We know very well about the merchant Account Services, all we need to understand is The term “offshore�, Well It is a type of account for a merchant opened and approved in a non-resident country. So its a direct account but not a domestic Account. It helps the merchant to process payments through their website and allows them in making transaction and process their sale. It offers and contains all the features just like the regular and domestic merchant Account even there can also be both the categories which can be supported like High risk Business and Low risk Business.
What is An Offshore merchant Account Service ? Often People Consider That Offshore merchant account is dedicated to High Risk Businesses or for Such businesses which can not be approved by their Domestic Banks. But this is not the case its only the location making difference because the bank approving the business is not a domestic Bank or a bank from the Resident Country.
What Care needs to be taken while choosing an Offshore merchant service provider : • International Payment gateway : getting only Offshore merchant account is not Enough but the gateway along with the account should also be an International Gateway. • Currency Support : It Should be Confirmed in Advance that Account given will Support required Currency. • Advanced Security/verification : To protect the transaction there must be advanced Security enabled… like 3Dsecure, Card verification, Address verification facilities.
Offshore merchant account An offshore merchant account, also known as an international merchant account or “off shore” merchant account (two words), is a payment processing option available to merchants with high risk business types, a history of chargebacks or fraud, or bad credit. Offshore credit card processing allows merchants who generally don’t qualify for traditional processing to take advantage of less stringent approval standards overseas. While offshore merchant services can be a solution for businesses without any other viable options, they also carry a fair amount of risk. You can find more information about the advantages and drawbacks of offshore merchant accounts
Who Needs an Offshore Account? Offshore credit card processing is appropriate for any business with one or more of the following characteristics: • ownership structure in which a principle is not a US citizen • business operates in an industry with a history of high chargebacks, • irregular or very high ticket sales, or • in an industry that some US sponsor banks and processors are unwilling to support,
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Contact Information: Address: 10300 49th Street N Suite 427 Clearwater, FL 33762 Contact No: +1 (888) 622-6875 Fax Number: +1 (844) 465-4723 Email: info@merchantstronghold.com Website: https://www.merchantstronghold.com
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