International Merchant Accounts
International Merchant Account Options
Options for an International Merchant Account
International Merchant Accounts
If you need to process in a foreign currency such as Euro, Yen, or Sterling Pounds we can help. We have a great relationship with Bank Card and our gateway is available and is a less expensive version, and you do not need a corporate license in another country.
International Merchant Account Cost
Typically its $695.00 to setup the merchant, which is a great rate and probably one of the cheapest entry rates. The rates are 5-7% with a reserve which allows you to settle in United States dollars wherever you're at. We have a second relationship for those with a larger merchant base that exceed 50k in monthly processing and you can settle in sterling pounds, euros or yen.
Offshore Merchant Accounts
We can also help you with Offshore Merchant Accounts, High Risk and any avenue of Merchant Accounts possible. As mentioned previously We have a great relationship with Bank Card and this is a benefit to you. The rates are 5-7% with a reserve which allows you to settle in United States currency wherever you are at.
Canadian Merchant Accounts
We do offer Canadian Merchant Accounts and are available to the Canadian Market. We also offer Offshore Merchant Accounts, High Risk and any avenue of Merchant Accounts possible.
We have a relationship with Nova Canada, which we can settle in Canadian dollars or U.S. dollars in Canadian Banks, and we have great pricing and set up is about 1 week, which uses our gateway and has excellent fraud screening.
Please contact us for the best solution possible.
High Risk Merchant Accounts
If you're business is identified as a "High Risk" then many merchant service providers will turn you away. High risk merchants range from travel agencies to multi-level marketing companies, to casinos, to online pharmaceutical companies, to many Internet start up companies, and the list goes on. Once your application gets turned down it can be very discouraging, especially if you are an honest business seeking help in accepting credit cards, whether retail or Internet based.
e can help you determine what is the best option for your type of business. We offer merchant account information for free with just a phone call.
If you are looking for high risk or offshore merchant accounts there are different guidelines and fees that are accessed in making that decision. You can always refer to our merchant services introduction for the most up to date questions and concerns you would have in chosen a merchant account provider. See what the monthly fees are and set up fees as well the longevity of the company. Take time in filling out our online form and we can direct you in the right direction.
These types of services would follow under our High Risk Accounts:
Computer Software (electronic download)
Computer Software (tangible)
Discount health cards
Discount/Prepaid phone cards
Financial Advisory Services
ISP/email services/search engines
Miscellaneous food sales
Weight loss products
* Additional fees may apply to certain high risk industries
What businesses do not qualify for a merchant account?
Cigarettes and cigar companies and including pharmaceutical accounts are not qualified. The adult service market is very difficult to get approved unless you are doing high volumes. Also, new travel agencies and lotteries and replica goods. Anything that has an FDA taint to it is nearly impossible to get approved.
Merchant Account Questions
Below are some of the most important questions and answers on how to prepare
yourself for the world of merchant accounts and credit card processing.
What are some important questions to ask before signing up for a merchant account?
What is an explanation of a merchant account?
How much do I have to pay for a merchant account cost?
Why should I consider Fasttransact for my merchant account?
How many merchant accounts can someone have?
Is having a merchant account the best way to accept online transactions or should I use a PC?
How long does the merchant account approval process take?
Do you accept non-U.S. merchants?
Do you have any hidden fees for merchant accounts?
How fast can you set up my merchant account to accept credit cards?
Do you decline any merchant account applications or online processing applications?
Can I process for more than one business with my merchant account?
Do I have to be a U.S. citizen to open a merchant account?
What if I want to open a Canadian merchant account?
What are your fees and costs for merchant account processing?
What are the underwriting requirements to open a merchant account?
What kinds of typical startup costs can I expect in obtaining a merchant account?
I already have a retail merchant account, can I use this for internet processing?
Are there merchant application fees involved?
How do I apply for a merchant account?
How long will it take for my merchant application to be processed?
What if my merchant application is not approved?
Can you describe the merchant application process?
Does Fasttransact require a contract or is it month to month?
Will you charge me for a second merchant account?