All about No-Cost Offshore Merchant Accounts

All about No-Cost Offshore Merchant Accounts

Offshore merchant accounts that are free may seem far-fetched, but they are real. These accounts offer superior protection business account processing minus the hassles and ridiculously high fees. It can provide your business with the necessary tool to catapult it to a whole new level of success.

No-cost offshore merchant accounts can provide your business the advantages that are not possible with local accounts. If your business primarily deals with online transactions, they would serve as the backbone. No-cost offshore merchant accounts have a 99.9 percent approval rate and do not require any application fee. All types of businesses, even those high-risk ones like casinos and other forms of gambling, MLMs, businesses that cater to the adult industry, etc. are approved. Financial institutions that offer offshore merchant accounts do not conduct checks on credit history, which means that even if your credit history is inadequate and are not qualified for a U.S. merchant account, you are certain to get one. There is no need for you to pay any deposit or start-up fee, and even those high-risk businesses do not have to give any security deposit. A no-cost payment gateway will automatically become operational after a couple of seconds of being activated.

Another benefit with this type of account is that no statement, monthly and/or annual fees are required to be paid. The payment process is completely automatic and done in real time. Regardless if your company is a high risk, you are qualified to get a business checking account offshore. A no-cost offshore account would cost regular businesses about 0.50 percent for every transaction, while high-risk companies would be up to 3 percent. Your company's offshore privacy can be maintained with an online prepaid MasterCard for Internet activities or you can get an anonymous Cirrus or MasterCard account. Furthermore, you do not have to be an expert programmer to get a no-cost offshore merchant account as it offers 128-bit SSL secured environment.

You can even receive as well as send payment using MoneyGram, Western Union, NetPay, E-Gold, SWIFT wire transfer, MoneyBookers, etc. with no-cost offshore merchant accounts. It enables you to receive international money order, Amex checks and other checks and other forms of money exchange mediums.

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