We offer assistance with finding corporate solutions for online companies
Assistance with opening High-Risk Merchant Accounts in Europe
Assistance with finding payment gateways (PSP) for high risk merchant accounts” icon=”fa-cc-mastercard
GBO specializes with assistance for the following industries:
Forex, brokers, financial planning, strategy or consulting
eGaming – online gaming, online casinos, bingo, sports, lottery etc
- Exporting services
- Voip services
The options regarding setting up a company in one of these above mentioned categories is limited. However, at GBO, we specialize in finding solutions that are efficient and convenient for these companies.
The ideal high risk payment gateway is one that fits into your business mold via commissions, risk management, long term relations and safety for you and your customers.
With GBO’s assistance, your high-risk online company can benefit from an increased revenue via your credit card processor along with advanced currency options and unlimited access to countries around the world
- Contact us about your payments needs
- High-Risk merchant accounts
A high-risk merchant account is often necessary for companies dealing in industries that carry a high potential for fraud and charge backs. For most online companies, there are no issues when it comes to securing merchant services, however companies dealing in these high-risk fields are met with many obstacles and difficulties when trying to find a service provider.
More and more online companies have been moving towards payment processors that offer merchant accounts. Even though the option of going with a domestic institution is a safer and more secure one, there has been an influx of demand with merchant accounts, making it a more favorable option.
One of the more complicated industries that we work with is that of pharmaceuticals. The complications can be endless when it comes to online credit card processing for high-risk companies. The initial stage in order to begin the process would be to find an online merchant provider that will accept online pharmaceutical companies and will agree to process credit card payments via their website. Pharmaceutical bank accounts fall under the same category as any other e-Commerce merchant account service when it comes to applying for a merchant bank account. Pharmacy e-Commerce merchant accounts make credit card processing easy, safe, reliable and profitable.
It is essential to take into account that all providers are different and thus their regulations differ. Such that one provider may consider your business to be high risk, while another may not have any issue whatsoever. Ultimately it comes down to their risk and compliance department guidelines. In addition there are a number of merchant account providers that specialize in high risk merchant services, specifically catering for businesses that would be labelled as “high risk.”
High risk offshore merchant account is best applicable for online business that operate in high risk online business like e-commerce, gaming, it, marketing, etc. and has the following features:
- Don’t have a processing history
- More than 2% charge back
- Working with regulation where regulation is needed
- Serving international customers
Through this high risk offshore merchant processing accounts the company will be able to receive funds from customers with high volume and high risk
Why would you be considered high risk?
There are a number of reasons a merchant provider may consider your business to be high risk, for example your industry may be known for having a high percentage of chargebacks, or fraud or a bad credit rating.
Another potential reason you would be considered high risk is if you have an offshore business, placing you in the high risk category with many other online businesses.
Do You Need a High Risk Merchant Account high services?
If you consider your business to be high risk and you wish to offer your customers the option of online payments using a credit card, then yes, you will require a high risk merchant account.
It’s very rare to find a business owner these days who does not have the need to process credit cards online as it has become such an essential part of running a business. However the issue lies in attaining the approval for the account, particularly if the business is considered to be high risk.
What is an offshore high risk merchant account?
The effect of the reputation of your business industry on merchant providers.
The reputation of an industry stems from the overall image of the industry and the way business is generally conducted within that particular industry. For example, most online businesses are considered to be high risk since they are exposed to high traffic, clientele from all over the world as well as theft of consumer data. When a business offers the option of online payments, there is always the risk of hackers attaining credit card information, something that account providers need to take into consideration.
The general reputation of an industry is also taken into consideration, while some industries may seem obvious to be high risk, one may be surprised by certain other industries which also fall into the category of high risk, such as selling vitamins as well as other health products.
GBO offers assistance with finding and locating high-risk payment solutions for online activities in major business fields, contact us and we will be happy to assist you with all your needs including assistance with finding payment processing consultants. In order to save time and money on processing and transaction fees, it is vital that the high-risk merchant accounts be set up in an orderly manner. By accepting the purchase card at the lowest cost, it paves the path for maximum profitability.
With GBO you can find assistance with finding payment solutions for business-to-business (B2B) in Europe as well as enterprise-level that will help businesses manage their complex credit card processing needs. Our offshore merchant account services are offered to low-risk as well as high-risk companies.
GBO provides assistance with finding corporate solutions for high risk merchant accounts in Europe that include a wide range of industries such as e-commerce, forex, online lottery, gaming, bingo, casinos, travel and more. Each account is customized to suit your business needs
Luckily, there are offshore merchant account providers who specialize in providing services to businesses in high-risk industries. High risk merchant account providers, also known as offshore international merchants account providers, allow businesses operating in high risk industries to receive credit payments from their customers. If you run a web-based business and you want to be successful, you must have an online merchant account to accept credit card payments from your e-commerce clients. Whether you operate an online dating site, a Forex business, a gaming site, or any other ecommerce business, an online merchant account will make the process of running your business easier and much more effective.
What is an aggregate High risk merchant account?
GBO offers assistance with finding Merchant Services and solutions for merchants having trouble finding a credit card processing service. Merchants with high risk businesses; a history of chargebacks; fraud; bad credit or those who don’t qualify for traditional credit card processing can find a solution in an offshore merchant account. An offshore merchant account or international merchant account provides a payment processing option which will allow your business to accept credit card payments. High risk businesses can gain international credit card processing through a offshore merchant account. Obtaining an off-shore merchant account is possible for new businesses even if you do not have a positive credit history. It can be achieved using what is called an aggregate merchant account or 3rd party merchant account.
Some businesses however, are categorized by merchant providers as “high risk”, in which case, most acquiring banks may shy away from providing them with ecommerce merchant accounts. Thankfully though, GBO has vast experience in assisting clients in high-risk industries, who would otherwise be denied, to obtain access to e-commerce merchant accounts easily and efficiently. We can help you set up an offshore e-commerce merchant account so you can be on your way to accepting payments from your clients online, in no time.
What Are offshore e-commerce Merchant Accounts?
An offshore ecommerce merchant account is essentially a merchant account established with a bank that is located outside of your home country. These specialty bank accounts enable e-commerce sites to accept credit card payments through their websites from customers around the world.These types of accounts are often also referred as high-risk merchant accounts.
The e-commerce banking world offers numerous advantages to both customers and businesses and offering easy payment options to customers is a key ingredient to growing your business’ clientele. By providing customers with quick and easy payment options, you will make your ecommerce site more reliable, professional and appealing to your clients, thus showing them that you care about their business and work hard to satisfy their needs.
Finding the right credit card processing service provider can help you maintain a reliable payment processing connection, which will in turn increase the number of potential and return customers. At the same time as helping you save money on payment processing fees and commissions.
GBO provides assistance to ecommerce businesses all over the world, in opening e money accounts with the best and most suitable credit card processing service providers. We will match you with the best providers so you can start processing credit card payments on your website from customers around the world, in multiple currencies. We will also ensure that you get the best rates, so you keep a healthy budget for your business.
Our vast network of acquiring banks, gives us the opportunity to assist clients with offshore e-commerce merchant accounts, even if their businesses are considered high-risk e-commerce businesses.
At GBO, we are experts in assisting clients find the best merchant accounts in the EU and Asia
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