Which merchants generally require an offshore merchant account

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adult_content_products

Which merchants generally require an offshore merchant account?

Some of the factors why a business would be considered ‘high risk’ by a sponsor bank include, but are not limited to:

  • Business Type
  • Volume
  • Risk of Chargebacks
  • Risk of Fraud

Most banks will not accept what they consider a high risk business so offshore merchant accounts have become very beneficial to high risk merchants. Different jurisdictions and countries consider different factors when determining what is considered ‘high risk’. Offshore merchant accounts offer a simpler solution for offshore payment processing and other merchant specific services while avoiding prohibitive regulations.

Merchants that generally require a high risk merchant account include, but are not limited to:

  • Adult
  • Adult Toys
  • Adult Videos
  • Airline Tickets
  • Antique Collectibles
  • Apparel
  • Astrology
  • Binary Options
  • Bitcoins
  • Call Blocking
  • Car Services
  • Cigars/Tobacco
  • Cosmetic Jewelry
  • Credit Repair
  • Collection Agencies
  • Computer Hardware
  • Continuity
  • Dating Websites
  • Debt Consolidation
  • Direct Response
  • Downloadable Software
  • E-Cigarettes
  • Educational Software
  • Electronics
  • Escort Services
  • Extended Warranties
  • Fantasy Sports
  • Financial Services
  • Fine Jewelry
  • Forex Trading
  • Greeting Cards
  • Hospitality
  • Import/Exports
  • Insurance Brokers
  • Internet Gambling
  • Law Firms
  • Loan Services
  • Magazine Subscriptions
  • Matrimonial Services
  • Medical Collections
  • Medical Marijuana
  • Membership Sites
  • Mobile Apps
  • Multilevel Marketing
  • Multimedia Streaming
  • Nutraceuticals
  • Online Auto Parts
  • Online Casinos
  • Online Poker
  • Online Gaming
  • Online Pharmacies
  • Online Retail
  • PPI Claims
  • Penny Auction
  • Personal Injury
  • Pet Supply
  • Phone Sex
  • Satellite TV Repair
  • Scholarship Programs
  • Social Gaming
  • Stock Trading
  • Strip Clubs
  • Tax Services
  • Tech Support
  • Telemarketing
  • Ticket Agencies
  • Timeshares
  • Travel Agencies
  • Website Design
  • Weight Loss

For more information on any of these industries, please CLICK HERE.

If you operate one of these businesses and are seeking credit card processing, contact MNBS Payment Solutions.



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