Opening a merchant account for high risk
If your business is Internet-based you certainly need to open a merchant account. This kind of account allows to pay for goods with a bank card, which simplifies the buying process for both customers and the retailer.
IT-OFFSHORE offers to open a merchant account with reliable financial institutions around the world. The selection of the account depends on the type of activity, as well as the countries and banks from which you wish to receive payments.
A merchant account helps you to process and accept payment cards of financial institutions. It is possible to deposit funds using terminals, as well as remotely via e-mail or merchant's page.
The merchant account will be activated within a few days if all necessary documents are sent and the merchant criteria are met.
The main advantages
The main advantage is the possibility of receiving funds through the bank cards of customers, as payments can be made remotely via the Internet. The system works in different countries, which enables a customer to conduct international trade.
- Unimpeded acceptance of payments from individuals.
- Payments are made in different currencies.
- Confidentiality and security.
- Access to foreign markets.
- High speed of processing operations.
- Simplicity and ease of payments.
More and more companies are applying for a high-risk merchant account because of the nuanced activities of their businesses. Let's look at what activities are related to high risk.
Main activities of High risk
- Forex and investment activities.
- Dating sites (dating service).
- Work with cryptocurrency.
- Brokerage activity.
- Gambling (online casino, betting, poker, lotto), etc.
There are some types of businesses that need a high-risk account. These include bonds on mortgages, sales of electrical goods, goods 18+, debt and fortune-telling services, dating sites, telemarketing, etc.
The peculiarities of opening an account high-risk imply a longer procedure and the need to provide a significant package of documents. The cost of maintenance of such an account is higher than that of a regular account.
Benefits for our customers
- Honest and favorable tariffs.
- Full user support makes the process quick and easy.
- Payments are made to the specified accounts in the bank without delays.
- Uninterrupted operation of the payment gateway.
It is important to conduct a thorough analysis of the business model and choose the best country to do business in. You can open a merchant account only for a legal entity that meets all the conditions.
The price starts at 3%*
* - % depends on such factors as monthly financial turnover, past processing history, etc.
We will help you choose the best option and perform all the necessary operations, you will get the final result fast without wasting any unneeded energy and time.
If you have any questions or need advice on opening a bank or merchant account, contact our specialists at IT-OFFSHORE.