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.
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.
Offshore eCommerce merchant account
As an online business, having an ecommerce merchant account is a must. Having the ability to process credit card payments online, enables your customers to make payments in a quick and reliable way. Whether you sell clothing, toys, electronics or provide a service, setting up an ecommerce merchant account will allow you to operate a successful online ecommerce store.
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