Eyeing Europe for an Offshore Merchant Account

Choosing the country where you want to set your offshore merchant account can be at most, tricky and confusing. With a lot of countries lining up at your doorstep, picking the “one” means closely examining their attributes and what they have to offer.

So, let me give you a good headstart on knowing the best possible choice to set up an offshore merchant account. Banks across Europe have the edge in accommodating merchant accounts, especially those who operate high risk businesses. We can categorize adult, travel, online pharmacy, online gambling, telemarketing, multilevel marketing, high volume, escort service, and dating service under the the high risk nature. Why Europe, you may ask. Europe boasts of their flexible terms applied with strict confidentiality yet bounded by law.

Best places in Europe

Now that you have a specific continent in mind, Europe, that is, it is more prudent to select from the countries in this continent to which you will have a fruitful business dealing with. Recommended are Luxembourg, The Netherlands, Sweden, and Cyprus. Tax jurisdictions in these countries range from 10-31%.

Multi-currency capability

Europe banks empowers merchants to settle and transact in multiple currencies which includes US Dollar, British Pound, Euro, Swedish Kroner and Swiss Francs to a direct merchant account. Also, aspiring offshore merchant account holders can have the luxury of using a payer authentication solution for Verified by Visa and MasterCard® SecureCode™ provided by merchant account providers setting up in Europe. You'll be able to enjoy this feature with these benefits:

* protection from fraudulent transactions

* safeguard from unauthorized payments

* offers a chargeback liability shift

Read the whole article for the criteria merchants need to fulfill:

Eyeing Europe for an Offshore Merchant Account