Wednesday, April 11, 2007

Credit Card Terminals

Why You Might Need an Offshore Merchant Account
By Sara K

Whether you are in need of setting up your business elsewhere, moving your assets offshore, require secure credit card processing online or are seeking ways to improve your new business – Offshore Merchant Account is the answer to all your queries!

With the credit card business on the boom, for retail business owners, owning a merchant account that provides credit card processing online along with secure payment processing is, although important but difficult to get. But having a merchant account that offers secure payment processing options is a huge advantage as, with the interest rates dropped, both customers and merchants alike can benefit from it.

Benefits an Offshore Merchant Account offers

Most banks, credit card processors and third party account processors refuse to accept small business/retail merchants if the business has not been operating for at least 2 years. Not only that but some companies even tend to hold security deposits and payments at times for additional security purposes and in order to avoid faulty transactions with their merchant accounts. That is why a credit card processor or a merchant account provider who understands your business needs is essential for success.

Merchant accounts with offshore credit card processing is also a lot more beneficial and the service tends to be a lot better than the one provided by your local bank as you are placed in a comparatively favorable jurisdiction and there are almost no tax problems and currency fluctuations. It helps customers in not only making online purchases easily but merchants are also able to accept payments in multiple currencies.

With offshore merchant accounts, merchants can process credit/debit card transactions, get automated billing advantage, use a secure payment gateway and virtual terminal and also gain fast approval for applications.

The trend for a high processing fee that some processors and banks used to charge for opening an offshore merchant account is now declining fast due to severe competition. With an offshore merchant account you get a legal way of not only getting the real advantages of reduced taxes and additional payment processing options but you also get a genuine way to move your business proceeds offshore. This way the business owners are able to make most of their earnings and profits and enjoy the favorable conditions.

At http://www.instabill.com we understand the importance of your business and that is why we offer our Offshore Merchant Account customers with the best possible benefits and a 24/7 customer support service.

Article Source: http://EzineArticles.com/?expert=Sara_K
http://EzineArticles.com/?Why-You-Might-Need-an-Offshore-Merchant-Account&id=390846

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