How to get an Offshore Merchant Account for your industry!

Dec. 21, 2012 - PRLog -- At MaxPayNow we have helped many businesses secure an offshore merchant account. Off shore credit card processing is a solution for businesses that are considered high risk by sometimes overly conservative banks. Times are changing, and so too are the ways we do business. Merchant accounts didn't even exist a few years ago. Now, they are one of the hottest commodities in the realm of businesses. Online businesses that are likely to benefit the most by opening an offshore merchant account include: adult entertainment, Internet drugstores, casinos, sportsbooks, electronic cash, imitation products, tobacco items, travel-based and bio-technology.

Merchant accounts can be designated "high-risk" for a variety of different reasons. For instance, E-commerce merchant accounts are deemed high-risk due to the lack of a physical signature given by the customer. Companies looking for adult merchant accounts might have trouble getting approved due to the stigma that has been placed on their industries. Another very common reason for the high-risk label is that some types of merchant accounts, such as a recurring billing merchant account, typically experiences a very high number of chargebacks.

For these types of business, especially new businesses that don’t have a processing history, obtaining a merchant account in the high risk category can be frustrating. The application process may seem never-ending as the banking underwriters comb through details of credit history, support documentation, and judge your business based on their values. We will take this 'headache' for you!

If you fall under the high-risk category, don't waste your time getting turned down from every domestic bank you turn to. Our experts at MaxpayNow have experience dealing with merchant accounts in virtually every sector. So call us on 0161 928 2287 or visit our website at www.maxpaynow.com

We also provide a Merchant Cash Advance for businesses who currently have a physical credit card machine - £3,500 - £25,000