Doing business within the United States can be difficult. For that reason, more and more people are looking to an offshore incorporating bank to handle their merchant account needs. Each year that goes by, more and more regulations are being passed. With each new piece of legislation comes an extra hurdle that business owners have to jump in order to start or even continue running their companies. For some, the situation with the domestic banking industry has deteriorated to such a degree that business owners are actually incapable of finding approval for their credit card merchant accounts within the United States. Offshore incorporating banks are the solution for those people that won’t let domestic red tape keep them from allowing their businesses to prosper. If you have the right people working for you to get you approved, and that’s a big “if”, an offshore merchant account can pay dividends for your company.
It’s no secret that more and more businesses are being forced to look
to the international market to help them reduce costs and capitalize on
potential revenues. That is especially the case with regards to credit
card merchant accounts. High risk merchant accounts, high volume merchant
accounts, adult merchant accounts, and terminated merchant file accounts
are just a few of the many types of accounts that are almost impossible to
find approval for from incorporating banks in the United States. Luckily,
offshore incorporating banks offer enough variety from a regulatory and
financial standpoint that we at Painless Processing can guarantee your
approval for a merchant account.
The common lack of regulation can be a double-edged sword. Without the proper guidance, finding an offshore incorporating bank to approve you for an affordable high risk merchant account isn’t likely. Our team of offshore merchant account specialists has years of experience dealing with a plethora of different banks around the world. As a result, we have acquired specialized knowledge about what countries and banks to target in order make sure that your specific type of merchant account gets approved. In addition, we have created very good relationships with a significant number of offshore incorporating banks that can offer you some of the most competitive rates you will be able to find anywhere in the world.
It is unfortunate that some companies are essentially bullied into looking on the offshore incorporating bank market for a chance to grow. On the bright side, offshore incorporating banks can offer a variety of different benefits that can’t be found in domestic markets. However, if you’re looking to create an offshore merchant account, you shouldn’t do so on your own. Painless Processing has a group of skilled offshore incorporating bank experts that can handpick the optimal target for your needs. Please, contact us at Painless Processing today to find out how you can use an offshore incorporating bank to take your business to the next level.