Offshore Credit Card Processing: What Is It?

Offshore credit card processing via an offshore company, plays a prominent part in terms of offering your online business a safe, reliable and cost-effective method of payment collection. Running an online business is not an easy task. And the cost of processing your transactions is an important issue.

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One of the advantages of offshore credit card processing is that it can assist you in storing all theinformation in a very safe manner. In addition, you can also get zero taxation when your offshore credit card processing is done via an  offshore company.

You are safe from any sort of currency fluctuations when using offshore merchant accounts.Even better, offshore processing gives you an option to effectively accept payments for the products and services you sell on the World Wide Web.

Also, with the help of offshore merchant accounts you can accept payments in a  number of currencies. As evident from the name itself, offshore services can process a wide array of credit cards. It generally includes MasterCard, Visa, Discover, JCB and Amex.

The order and payments processing routines get streamlined when you startusing an offshore merchant account via an offshore company. There is no doubt that your clients can make straightforward and fast purchases online with the assistance of a secure server.

A point to be noted here is that an  offshore merchant account owned by your offshore company can be directly linked to your card processing system. Because of this, you get tax-reduction advantages.
 

When using offshore processing, your business remains up 24/7. Transactions are  authorized within a matter of seconds in offshore credit card processing. Most of the time, automated receipts are sent not only to the merchant but also to the client almost immediately.

Credit reserve in offshore processing accounts, is as low as 10 per cent. There are no hidden fees attached with these services.

The most important thing about offshore credit card processing service is that it can  minimize your charge back with active client fraud screening. Some services also employAddress Verification Systems (AVS) for this purpose. On the basis of type and volume of your business, the transaction processing rates vary.

In general, the  transaction processing rates are between five to six per cent. You may also need to pay a 0.75 per cent transaction fee and keep about a 10 per cent rolling reserve.

Although, you don’t need to pay any sort of gateway fees an offshore company setup fee will be there. Also, there are no card processing dollar limits in offshore credit card processing.

All in all, one can safely say that offshore merchant accounts offer you flexible tax free online credit card processing at affordable rates with 24 hour dedicated support.

Or if you want more specific information for an offshore company with an offshore bank account,please fill in the form below and send it to us:

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