Getting into the wave of setting up an offshore merchant account requires critical thinking and effective strategies. Primarily, merchant accounts is a set up that allows you to accept credit card orders and payments from your customers. Adding offshore into the picture means that you will be able to accept payments using the services of an international bank.
Also, one of the reasons why you set up an offshore merchant account is if your business is considered high-risk. The businesses belonging in this range include but are not limited to travel, online pharmacy, adult website, outbound telemarketing, escort service, etc.
I bet, that one of the questions that's floating in your mind after absorbing the premise of an offshore merchant account is where in the world would you open one?. This is a very important factor to ponder upon considering we're thinking global here. Below are some of the widely-known offshore banks that are accepted as reputable institutions for you to set up a merchant account.
List the countries ideal for an offshore merchant account by reading the whole article:
Places for your Offshore Merchant Account to be Cradled
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