Some acquiring banks are unlikely to provide merchant accounts to high risk merchants. With Instabill’s offshore merchant account solutions, that problem is solved. By establishing an account offshore, Instabill has a bank that is more willing and eager to work with you.
An offshore merchant account, established with a bank outside your home country, is a special type of bank account that enables merchants to accept credit card payments through their websites. Without the need to incorporate your business in the same country, offshore merchant accounts are perfect for high risk industries such as multi-level marketing, nutraceuticals, financial services, tech support and many others.
At Instabill, we find that offshore merchant accounts work best in a number of high risk e-commerce industries.
Click to expand each section and learn more about our offshore merchant account services.
When a high risk merchant is unable to obtain a domestic merchant account, the owner has little choice. Merchants who need an offshore merchant account are usually categorized by these factors:
Instabill offers cost-effective merchant account fees through its network of banking partners. Once your acquiring bank determines your fees, it will also determine your payout schedule based on the strength of your application.
Regardless of whether you receive payouts daily (three days in arrears) or weekly (1-2 weeks in arrears), you will receive your approved funds on time, every time. Read more about Instabill payouts.
Instabill also has a large network of offshore incorporation partners that will make it easy for you to register offshore. Upon receipt of all merchant account application materials, we’ll take care of registering your company offshore. Read more about our offshore company registration services.
As a merchant service provider, Instabill also offers a variety of online credit card processing web services. Whether you need help integrating your site to our payment gateway, need to troubleshoot your gateway integration, or you need help integrating your shopping cart, our client tech support experts are here to help. As an added bonus, we can also help you with PCI compliance scanning and obtaining an SSL certificate for your e-commerce website. Read more about our web services here.