InstabillInstabill
  • Merchant Services
    • Credit Card Processing
    • Fraud Protection
    • Merchant Account Fees
    • Merchant Accounts
    • Payment Gateway
  • Partner Program
  • Supported Industries
  • Knowledge Center
    • Articles
    • Frequently Asked Questions
    • Instabill Newsletter
    • Instabill’s White Papers
    • About the Company
  • Contact Us
  • Sign Up
  • Blog
  • 800-318-2713

How to Use an Offshore Merchant Account

Home Instabill Articles Database Offshore Merchant Account Solutions How to Use an Offshore Merchant Account

Definition

An offshore merchant account is an internet account established by a merchant through a working relationship with an international bank for e-commerce purposes.

How To Use An Offshore Merchant Account

The offshore merchant account can be utilized by entrepreneurs of small businesses like:

  • Toys and games
  • Jewelry
  • Handicrafts
  • Books
  • Music
  • Consultancy
  • Etc.

High risk businesses prefer setting up an offshore merchant account /as domestic banks do not support their business prototype. The high sales volume, the associated risk in terms of fraud and frequently poor credit history make offshore merchants accounts an attractive option for high risk merchants.

Offshore banks are more willing to provide merchant accounts to such businesses which usually fall in the following categories:

  • Investment and Funds
  • Telecommunication
  • Biotechnology
  • Gambling
  • Imitation products
  • Pharmacies
  • Travel
  • Nicotine
  • E-cash

Many property and estate management business services also prefer offshore merchant accounts as these prove to be more secure and discrete when compared to domestic financial account providers.
Other businesses that have high tax rates in the domestic market may opt for offshore merchant accounts as these international markets have tax free investment offers.

apply today

Find More Articles

  • Debit and Credit Card Processing
  • E-Commerce Security and Fraud Protection
  • Features of Instabill
  • High Volume Credit Card Processing
  • International Merchants
  • Introduction to Merchant Accounts
  • Merchant Provider Account Reviews
  • Merchant Account Service Guide
  • Merchant Accounts for the UK
  • Merchant Accounts in the US
  • Offshore Merchant Account Solutions
  • Online Casino Merchants
  • Online Pharmacy Merchant Accounts
  • Online Travel Merchant Accounts
  • Payment Processing
  • Qualities of High Risk Merchant Accounts

Contact Us

875 Greenland Road
Portsmouth, NH, USA
International: +1 603-436-1270
US Toll Free: +1 800-318-2713
US Fax: +1 603-436-1207

Resources

  • Instabill Merchant Support
  • Site Map
  • About Instabill
  • Careers at Instabill
  • Instabill Newsletter
  • Privacy Policy
  • Security Policy

Connect With Instabill

Email
Facebook
Twitter
Google+
LinkedIn
YouTube
Instagram
Pinterest
Skype
Tumblr
SoundCloud
Yelp

¡Se habla Español!
On parle français!
نتكلم العربية

Copyright © Instabill 2001-2016