Offshore merchant accounts enables your business to trade 24×7 often in multiple currencies
Offered by providers outside of the jurisdiction that your business is resident, these accounts often do not have account limitations or restrictions that your own jurisdiction provider would have making these accounts more advantageous
Many offshore providers offer excellent customer service whilst having more relaxed procedures and guidelines, so, opening an account is much easier. But you do not have to worry, most providers have highest-level security, encryption and fraud protection systems.
With the help of these accounts you can offer products to clients at a much lower rate than competitors. Offshore merchant accounts work great with those who need a high risk account, Companies engaged in activities such as gaming, pharmaceuticals, phone card sales, timeshare rentals, multilevel marketing, credit card repair and counselling are considered high risk and best suited to have offshore merchant account.
Offshore merchant accounts offers huge benefits such as potential reduced tax liability, better privacy and security, multi-currency trading enabling international trade, setting in currencies of choice, zero restrictions on transactions which means unlimited transactions, short set up time requiring just one week, international forgery/fraud protection cover etc. in addition, it gives you the opportunity of presenting your customers secure payment alternatives, currency solutions, advantage of offshore and e-zone tax structures and channelled marketing which in turn reduces currency and location costs and also simplifies cross-border processing.
Henderson Morgan through , HM Pay its e payments branch, can work with your business to provide an offshore account, payment gateway and e payment solution. Unlike other providers who just set up an offshore merchant account for you. Henderson Morgan’s Wealth Management team will work with you to structure an offshore debit/credit card processing solutions that meets your business objectives.
Contact us at advisors@henderson-morgan.com to discuss your credit card processing requirements.
