OFFSHORE MERCHANT ACCOUNT SERVICES
GFS provides offshore merchant accounts for credit card processing, and alternative payment solutions to merchants doing business around the world. We provide offshore merchant accounts for credit card processing in the USA, Europe, North America, and the Caribbean.

GFS also provides offshore incorporation services worldwide and will assist your company in developing an international presence as well as maintaining compliance with the credit card associations.

WHY OBTAIN AN OFFSHORE MERCHANT ACCOUNT
Individuals or entities obtain an offshore merchant account for various reasons. some of these are as follows:

High Risk Merchant Account
Many merchants obtain an offshore merchant account because their business model is classified as high risk. Once a business model is classified as a hjgh risk business model, it is difficult to obtain a merchant account. Merchants with high risk business models obtain an offshore merchant account because many onshore processors/banks do not process for high risk merchant accounts.

High Volume Merchant Account
Merchants obtain an offshore merchant account because their onshore merchant account has a limit on the monthly volume that they can process. Many of the offshore banks offer unlimited volume merchant accounts. This allows a merchant flexibility in trying various marketing campaigns without having to worry about where they can process the volume if their campaign is successful and they have exceeded their monthly account.

International Market Share
Offshore merchant accounts allow a business to increase their business revenues significantly since the offshore merchant account can offer an internet merchant account multi currency options as well as unlimited markets to accept credit card processing.

Lenient Business Legislation
Some merchants apply for an offshore merchant account because offshore jurisdictions have more lenient business legislation. For example, the gaming industry is legal outside of the USA as long as the merchant is not taking transactions from USA customers. It is extremely important that you understand the laws in the country where you plan on transacting so that you do not violate any laws.