Offshore and International Merchant Accounts
Instabill is an industry leader in secure payment processing for high risk, card-not-present and offshore merchant accounts. Where traditional domestic banks may turn you down for a merchant account due to high risk, our simple offshore merchant account solutions provide credit card processing for your business quickly and without hassle. An offshore merchant account from Instabill means:
- No caps on processing volumes
- Multi-currency processing
- Tax exemptions
- Fewer trading restrictions
- Grow your customer base and increase profit margins
Apply Today - It's Free!
What is an offshore merchant account?
An offshore merchant account is a special kind of bank account that businesses establish with foreign acquiring banks. Opening an offshore merchant account can make accepting online payments easier for high risk merchants. Offshore banks have liberal underwriting policies, which makes getting approved much easier. Offshore countries where you may find an acquiring bank include:
- Mauritius
- Bermuda
- Belize
- Bahamas
- Curacao
- Aruba
- Seychelles
- Dominican Republic
- Isle of Man
- Luxemburg
- Liechtenstein
- Cyprus
- Malta
- Singapore
- British Virgin Islands
- Hong Kong
- Panama
- Guernsey
- Jersey
- Cayman Islands
What businesses do banks consider high risk?
Banks may consider your business high risk for a variety of reasons--such as having a high chargeback rate, little or no credit card processing history, or you offer a subscription service. Working in a certain industry will also raise your risk profile. High risk industries include:
Is your business high risk? Click here to see a complete list of high risk industries.
What if I want to register as an offshore company?
Instabill will be here to help you every step of the way. When you start processing more than $200,000 per month, we'll advise you to register your company offshore in the locality of your acquiring bank.
Most offshore registrations cost anywhere from $2,000 to $5,000. With Instabill, you can register for about $2,000, and we'll also have you set up in only two weeks. What's the best part about having Instabill help you register your company offshore? We won't interrupt your payment processing or payout schedule! Once you start accepting payments with your own offshore merchant account, you can enjoy the benefits of offshore processing, like getting paid out daily three days in arrears.