Many offshore merchants feel stuck with the wrong payment gateway. The most common reason for this is when a business has grown to an extent that the payment provider cannot offer the best solutions.
In other instances, a merchant may realise that they have been charged with outrageous rates.
Often, merchants alter their business model with a desire to expand its operation globally; and in order to do this, they will require a merchant services provider to help them accept transactions from other countries.
If that is your case, iPayTotal has the solution for your business!
Statistics show that online shopping is one of the most popular online activities worldwide, and e-retail revenues are projected to grow to $6.54 trillion in 2022.
An offshore payment gateway will help you obtain an offshore merchant account to process international payments.
The importance of an offshore merchant account
Every e-commerce merchant wants to be part of this vast revenue; however, it is vital to have the right payment gateway to succeed and make a difference among competitors.
A significant advantage of an offshore merchant account is tax efficiency. Many merchants struggle with taxes on their current merchant accounts, but an offshore merchant account will allow you to sell products worldwide with a low tax rate.
A high-risk business will require a specialised credit card processor and an offshore merchant account to process online payments. Most people believe that only companies such as online casinos or pharmacies are classified as high risk; however, other industries receive the same classification, such as gaming, Forex and Bitcoin.
These businesses are exposed to higher processing rates at banks and financial institutions to process their payments. Luckily, there are high-risk payment providers that can offer the best solutions and allow high-risk businesses to process payments internationally, such as iPayTotal.
Local and international solutions with iPayTotal
The moment you decide it is time to change your payment gateway, you can contact iPayTotal and find out what we can offer you. We specialise in high-risk businesses and understand the importance of a custom-made solution for online merchants.
We provide both local and offshore high-risk merchant accounts. Your business can operate from anywhere. iPayTotal can offer merchant accounts to a wide range of high-risk companies, whether you’re a start-up or an existing business.
At iPayTotal, you will benefit from in-house expert underwriting, fair rates, instant approval, multiple currencies deposit, 3DS secure processing, chargeback prevention tools and much more.
Apply today and benefit from our offers at iPayTotal.