Offshore Merchant Account | Off Shore Credit Card Processing
Has your company faced challenges with a current provider or been turned down when trying to obtain a merchant account for your business? If so, you’re not alone. At The Transaction Group we have helped many businesses secure an offshore merchant account. Off shore credit card processing is a solution for businesses that are considered high risk by sometimes overly conservative banks.
Businesses that are considered high risk include many ecommerce sites relating to adult material or adult entertainment, online gambling, travel agencies, internet auctions, online pharmacies, e-cigarettes and tobacco products.
For these types of business, especially new businesses that don’t have a processing history, obtaining a merchant account in the high risk category can be frustrating. The application process may seem never-ending as the banking underwriters comb through details of credit history, support documentation, and judge your business based on their values.
Being declined, contacting another provider, restarting the process again and again is overwhelming and exhausting. If you’ve experienced this from domestic providers, it’s time to apply for an offshore merchant account.
There are many benefits of an offshore merchant account that are not available to a domestic or local account, including the ability to approve merchants that have been placed on the TMF (terminated merchant file) list, or have poor credit.
Additional benefits include:
• Few restrictions or limitations to business type
• An easy application and approval process
• Low tax or no tax on transactions
• The ability and ease for worldwide transactions
• Discreet transactions
• Safe and secure processing
• Instant payment on transactions
If your business is in the high risk category and you have turned down, recently shut down or are just getting off the ground we’d be happy to help.
Need immediate assistance? Complete this form or call us today at 888-383-8056.
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Are you shopping for a better rate? Let us save you money!
Most merchants are unaware that interchange rates are adjusted as much as 2x per year. Over the course of several years, those adjustments can hike up a merchant’s rate and cost the merchant thousands in processing fees. Contact us via the form above, or call us today at 888-383-8056. Chances are, we can save you up to 25% over your existing rates and fees!
Why do businesses choose to work with The Transaction Group?
- We aim for 100% customer satisfaction. We understand that the customer comes first. At the end of the day, if the customer is not happy, we’re not happy.
- We offer a FREE rate analysis to every business. In most cases, we can save a business up to 25% on existing rates and fees. But if we can’t beat a customer’s rate, we’re upfront from the start. We don’t waste the customer’s time.
- We are reliable and always available. If a customer has any concerns, we’re available even after business hours. We’ll address any issues immediately.
- We don’t believe in one-size-fits-all.We provide solutions based on the specific requirements of each and every business. What’s best for one small business may not work for another.
- We have a fast & easy setup process. In most cases, we offer a fast and easy approval and set up. While some high risk businesses can have longer underwriting times, we keep the customer informed throughout the process and work for fast approvals.
- We have solutions for every business type. From low-risk card-present credit card processing solutions to payment processing solutions for high risk e-commerce stores, we’ve got it all.