New to all this, do you think it's possible for merchant account and Offshore company

[tiea-hunter]

As mentioned, new to all this, so please forgive me 🙂 I read here and there that it is not possible to get a merchant account for a offshore company, now I'm wondering if that's true?


Why can't it be possible t o incorporate a offshore company, say BVI or Seychelles, and open a merchant account for this company to accept online payments?

 

[fionix]

I didn't see any reliable soultion for a combination of both:s-confused:... if you or someone‌ find a merchant account for a offshore company then please post here

 

[tiea-hunter]

hmmmm. there is a company called offshore merchant account processor or something, I can't post‌ link.. do you know them?

 

[fionix]

Yes, I have seen them, they don't look very trustworthy:smok:

 

[orangeye]

Do you try FailsafePayment and PSBill they mentioned here on the forum a few times?!‌

 

[dwilson]

Yes it is possible to have a merchant account for an offshore IBC. I am‌ sure that CC Logic offers merchant account introductions for either Cyprus or Seychelles IBC &‍ banks. There are obviously more restrictions on these types of accounts than regular checking or⁠ savings accounts. These solutions also tend to be more costly. We offer solutions as well⁤ for Belize IBCs (not self promotion). This is how I know that it is possible.⁣

 

[JohnLocke]

Please keep this thread about Offshore companies and not merchant accounts, if you want to‌ discuss the possibilities to open an offshore merchant account then open another thread in the‍ proper forum which is located here: How to Accept Credit Card Payments