Why are Offshore Merchant Accounts considered High Risk?
No business is complete without a merchant account, as it allows acceptance of credit cards. An offshore merchant account grants easy access to merchants along with economical advantages, offshore credit card processing, reduced taxes and a cost effective solution. Characterized by the added risk of high volume sales, chargeback refunds, fraud and no credit history etc. the offshore merchant account increases the financial risk undertaken by a bank or processor and therefore becomes high risk. Some of the major businesses termed as high risk include online casinos, adult entertainment, online pharmacies, e-cash, travel etc. Business owners everywhere now prefer high risk offshore merchant accounts over the domestic merchant account for its many advantages. How does PartyKey.com provide Offshore Merchant Accounts? PartyKey.com caters to the businesses considered high risk. At PartyKey, we offer high risk offshore merchant accounts: 1. For high risk businesses 2. To help increase sales a
