When it comes to money matters, follow the golden rule: verify. The same goes with offshore merchant account fees , verify before you say yes and sign your name into any contract given to you.
Knowing if the fees can be really tricky. There are charges that go unnoticed or are deliberately hidden to lure you into a false sense of security. Knowledge of these “kept” fees is an effective way to spare you the shock of a high offshore merchant account monthly statement.
Dare to ask
When you're face to face with your offshore merchant account provider, never be afraid to throw in questions about the charges included in the contract. Don't let the meeting end if you still have bugs circling in your stomach, so to speak. Ask the four W's:
● What are these fees?
● When are they going to be charged?
● Why are they being charged?
● Where are they going to be put?
Asking will never hurt, better to have asked than knowing nothing at all. Check out the whole article for more information:
Get Out of the Dark: Know the Hidden Offshore Merchant Account Fees
