WHY GO OFFSHORE?

Many merchants go offshore for the following reasons:

High Risk Merchant Account

An offshore merchant account is often obtained for merchants who can not obtain a merchant account onshore due to their business model being classified as a high risk merchant account.

High Volume Merchant Account

Other merchants obtain an offshore merchant account because their onshore merchant account has exceeded the volume that they are allowed to process.

Lenient business legislation

Some merchants apply for an offshore merchant account because of more lenient business legislation in an offshore jurisdiction (e.g., gaming, adult, online pharmacies, etc.).

Expand Market Share

Offshore merchant accounts allow a business to increase their business revenues significantly since the offshore merchant account can offer an internet merchant account multi currency options as well as unlimited markets to provide credit card processing.