I agree with you on that. I don't think Seychelles company is the best choice when your purpose is to do online business with it, especially when credit card processing is involved.
Those giving votes or suggesting a particular jurisdiction should provide more information, as to what the purpose of incorporation in a particular jurisdiction was. In case of Seychelles, it is evident that it is a good jurisdiction to incorporate when privacy is required, but that's︀ not the case when purpose of its incorporation is to do online business (e-commerce) with︁ it.