Thursday, October 25, 2007

Finding refuge in an offshore acquiring bank

We all cling to things closest to home. As a high risk merchant, you go to your local bank for your merchant needs. But what if the place closest to comfort puts a wall between you and a high risk merchant account. What's a high risk merchant to do? Worry not, for an offshore acquiring bank is going to the rescue.

An offshore acquiring bank is a financial establishment outside of U.S. soil that provides processing of credit cards for merchants, low risk or high risk merchants alike. They process credit card transactions from customers and deposits the funds to the offshore merchant account. You can make contact with them directly or get the services of an offshore merchant account provider.

An offshore acquiring bank offers more flexible and less stringent conditions when it comes to dealing with high volumes of transactions. Volume caps and holdbacks are also almost non-existent in an offshore acquiring bank. What more could you ask for?

To better understand the nature of an offshore acquiring bank, feel freest to read the whole article:

How an offshore acquiring bank can be your BFF

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