Clash of the titans: Offshore merchant account vs. domestic merchant account

Introducing on the right corner, offshore merchant account, on the left corner, domestic merchant account.


There has been a discreet battle between offshore and local merchant accounts since high risk businesses are multiplying by more than a dozen on a daily basis. Also, debates on who has the edge have surfaced. Would it be a more peaceful world if we reconcile these two?

Learn more about the superseding qualities of these two by reading the whole article:

Clash of the Titans: Offshore Merchant Account vs. Domestic Merchant Account

Less is More: Achieving Quality with your Low-Cost Offshore Merchant Account

So you thought you got the best deal in your offshore merchant account? Think again.


Hey, I'm not trying to spoil your fun here. Just making sure you're in good hands. Ok, your discount rates are lower, you have low minimum fees, you pay lower than the industry-dictated rates. That's good, right? Or, it isn't?



All or nothing

Let's start with the fees that you are required to pay when you set up your offshore merchant account. You have your:

• Application Fee,
  
• SetupFee,
  
• Programming Fee,
  
• Annual Fee,
  
• Monthly Maintenance Fee,
  
• Overlimit Fee,
• GatewaySetup,
  
• Transaction Fee,
  
• Retail Swipe Software fees,
  
• Check-by-phone/fax PC software fee,
  
• Web Shopping Cart fee,
  
• Discount Rate fee,
  
• Address Verification (AVS) Fee,
• Statement Fee
  

Whoa, that's a lot!

So these charges are in your bill. For the industry rates, see this recent article, Paying you offshore merchant account dues.

Ask yourself, what ultimate purposes do they serve?

To learn more about the significance of low cost offshore merchant accounts read the whole article :
Less is More: Achieving Quality with your Low-Cost Offshore Merchant Account

Landing on a win-win situation with a gaming merchant account

In the high stakes world of gaming, be it online or in a casino,it takes a great amount of strategy to walk out with the money pot. The thrill and excitement of the possibility of taking home a lot of cash is the main reason why the the gaming business is flourishing, and even if there's no catastrophic event, enthusiasts play like there's no tomorrow.


With casinos opening up as frequent as pimples can appear when you don't get any sleep, online gaming merchant accounts are also set up in banks. But, just like any high risk business, domestic banks make things a little bit harder for those who own gaming businesses to open up gaming merchant accounts.

Learn more by reading the whole article:

Landing on a Win-Win situation with a Gaming Merchant Account

Skydiving to success with a travel merchant account

The widely-used phrase when you're going out, “ Stay safe”, does not fully apply to travel merchant accounts.

Taking the risky waters of a travel agency business is considered challenging. This kind of endeavor is considered high risk generally because of the following:

● sky-high chargebacks
● legal repercussions
● negative publicity for the bank

A travel merchant account is categorized as high risk because of the high return of chargebacks. These returned funds stem from advanced bookings and payment installments that unfortunately, are never fully settled. Thus, this poses financial liability to the bank.

Go the distance and get more information on travel merchant account by reading the whole article:

Skydiving to Success with a Travel Merchant Account

International merchant accounts – Enabling you to hold to the world in the palm of your hand

Carry your credit transactions to a place close to utopia by taking advantage of an international merchant account.


At this day and age where online business transactions are done by swiping a credit card, it is vital for a merchant to be competitive and explore every feasible avenue increase and maintain a good momentum. One way to gain momentum is catering to foreign clients. If you are ready to accommodate this kind of customers, then opening up an international merchant account is the perfect road to travel to.



See the currencies you can accept through an offshore international merchant account by reading the whole article:

International Merchant Account – Enabling you to Hold the World in the Palm of your Hand

High Volume Merchant Accounts - Avoiding your Business to Blow Off into Nonsense Proportions

Your monthly sales are up. The demand of is growing, so you produce more. You're on top of the world. What's next? A high volume merchant account.

If your business has monthly volumes costs more than $10,000, then your business is considered as high volume.


Normal dealings

Since you have a business that accepts credit card payments, standard procedure tells you to open up a merchant account. When you have a merchant account, you throw in a couple of cents per transaction that comes in. So the charge in the transaction fees section of your monthly statement depends on how many transactions come in. let's look at the pros and cons, on one side, it feels good to see that you have a high amount of transactions, which means business is doing great. But you will also pay a lot for the merchant account statement bill because of the per transaction fee charge.

Balancing act

Opening up a high volume merchant account can balance the situation. Through this kind, you will be able to acquire reasonable rates on mid and non-qualified sales, and alongside the other additional fees. What happens is you'll get lower rates for your per transaction charge, so even if you have a high volume sales, you won' get headaches over the transaction charges. Sadly, thus type of business is also considered as high risk because of the high percentage of chargebacks and refunds, so, where do you go to get stability and security, you go for an offshore merchant account.

Learn how to maximize your high volume business with a high volume merchant account by reading the whole article:

High Volume Merchant Accounts- Avoiding your Business to Blow Off into Nonsense Proportions

Prescribing offshore pharmacy merchant accounts for your medicine business

If you're pharmaceutical business is in its early stages, then it's ideal for you to take advantage of an offshore merchant account. You may ask, what could be risky about a pharmaceutical business that it's better to be set up offshore?

Here's a rundown of why pharmaceutical business are consider high risk:

● sky-high amount of chargebacks

● shaky credit rating

● undetermined business life expectancy

Credit card processing companies are almost always nervous about accommodating pharmaceutical merchant accounts because of the high probability of chargebacks, unstable credit rating and the that the business may close sooner than never expected.

Get more information on pharmaceutical merchant accounts by reading the complete article:

Prescribing offshore pharmacy merchant accounts for your medicine business