Payment processing for BVI Ecommerce company

[ace543]

Hello everyone. I want to thank you guys for all the great information that is contributed here. Maybe you can help me to find a solution for my problem.

I own a BVI based ecommerce company selling digital products. I need to find a merchant account or equivalent online service like 2Checkout or something else. I am a US citizen currently living in Asia.

I have contacted many banks and processors for a solution with mixed results. Does anyone here have experience with something like this, or any advice you can provide?

 

[JohnLocke]

In the past it was not a problem to contact a few EU merchant account providers to get a processing agreement, have your tried with GlobalCollect which is Ingenico Group - Global eCommerce - Ingenico ePayments today. They have a huge network to look into.

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[ace543]

Admin said:
In the past it was not a problem to contact a few EU merchant account providers to get a processing agreement, have your tried with GlobalCollect which is Ingenico Group - Global eCommerce - Ingenico ePayments today. They have a huge network to look into.
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I have not tried them but I will look into that, thank you.

So far I have had favorable replies from Cardz3n, 2Checkout, and a few others. It seems that online payment processors are more open to offshore business than the banks themselves.

 

[Spinat]

btcfamily said:
have you tried Chinese processor? the only problem is high rate.
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pretty risky with the chinese processors, so far only seen scams or trouble to pay EU citizens.

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[sonato]

Good alternatives are:
Smart2Pay.com
https://www.directpayeu.com/https://www.nexway.com/https://www.clearhaus.com/
All of them are good in what you say payment processing. Looking inside the mentor group for the first time I see they have listed lots of good other payment processors also accepting high risk business.

 

[ace543]

btcfamily said:
have you tried Chinese processor? the only problem is high rate.
Click to expand...

I have not contacted any Chinese processors. If one came recommended I would reach out, but I am skeptical of dealing with Chinese companies.

sonato said:
Good alternatives are:
Smart2Pay.com
https://www.directpayeu.com/https://www.nexway.com/https://www.clearhaus.com/
All of them are good in what you say payment processing. Looking inside the mentor group for the first time I see they have listed lots of good other payment processors also accepting high risk business.
Click to expand...

I will contact these companies and report back. Thank you for that!

 

[sdip]

you can use stripe.com has integration with different platforms magento, woocommerce, prestashop, and manages subscription management

 

[ace543]

sdip said:
you can use stripe.com has integration with different platforms magento, woocommerce, prestashop, and manages subscription management
Click to expand...

Stripe actually denied me saying they don't work with BVI based companies.

 

[sdip]

Maybe open an offshort in Cyprus or some convenient country where Stripe operates, in my case I am from Argentina and I opened an LLC in the US to be able to operate with Stripe I dedicate myself to Saas with Wordpress and Woocommerce