What is an Offshore Merchant Account?

An offshore merchant account is a normal merchant account located outside the country in which the merchant is based. The following information will help you determine whether an offshore merchant account fulfills your international business objectives:
1.	An offshore merchant account provides legal tax benefits. An offshore merchant account is a legitimate method of conducting business and maintaining profits offshore.
2.	An offshore merchant account is ideal for clients involved in 'high risk' activities, such as online gaming, pharmacies and telemarketing (see also our High Risk Merchant Account page).
3.	An offshore merchant account is secure. Credit card payments are processed and deposited into a secure, private yet accessible offshore bank account.
4.	An offshore merchant account often allows the processing of a greater variety of credit cards than onshore banks.
5.	As well as the standard online payment gateway, an offshore merchant account may also include the following features: no limits on processing volumes or amounts, and the ability to accept multiple currencies as well as 24-hour support.
6.	There are many offshore merchant account providers around the world, allowing a wider choice of offshore merchant accounts.
Contact Us
For more information on offshore merchant accounts, contact email@healyconsultants.com or telephone us at (+65) 6735 0120.
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