Offshore Merchant Accounts
Offshore Merchant Services and Info
Why Should I use an Offshore Merchant Account?
There are certain businesses out there who need to accept credit cards and don't fall under the norm of the retail and online guidelines of regular merchant accounts. The guidelines that follow setting up a regular merchant account is much different then an Offshore Merchant Account. Having access to an Offshore Merchant Account allows expansion from those retail businesses that more then likely would have trouble opening an account here in the states. Offshore Merchant Account allows you to settle the funds in The United States currency wherever your at.
Please contact us for the best solution possible.
You can always refer to our merchant services introduction which we provide detailed information on rates, fees and comparisons. 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 Offshore/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?