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OFF Shore Merchant Contact Needed

Discussion in 'Business & Tax Advice' started by thebigsicilion, Mar 22, 2010.

  1. thebigsicilion

    thebigsicilion Registered Member

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    I cant seem to get in touch with anyone but middleman for off shore merchant accounts. I see instabill.com but they are getting a cut as a middleman. I want to go direct to the off shore merchant provider. Has anyone been down this road?
     
  2. neuromancerx

    neuromancerx Registered Member

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    Register your own offshore IBC, then you can directly apply for your own merchant accounts at any banks you want anywhere in the world under your business name. With corporate paperwork, you can walk into any foreign consulate in your country and apply for a bank account or have a middle-man lawyer do this. Azerbaijan has USD merchant accounts with no limits and low fees, or get a Cyprus merchant account.
     
    Last edited: Mar 24, 2010
  3. superspiderman

    superspiderman BANNED BANNED

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    Yeah I second that cyprus is probably the easiest to get done if you are based in europe.
     
  4. thebigsicilion

    thebigsicilion Registered Member

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    Whats a good range in cost to set these up? Do they look at your credit in the USA or does this not matter?
     
  5. neuromancerx

    neuromancerx Registered Member

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    you can always just use Liqpay. https://www.liqpay.com/?do=pages&p=fees

    -no chargebacks/fraud
    -signing up and linking a card/store takes 3mins literally
    -buy a virtual sms or second phone to get another account, so you can cash out more than 10k per month


    starting up your own merchant account I think requires at least $5-10k a month in proven sales or else they slam you with fees. just google 'offshore merchant account panama' or belize, or cyprus, or latvia and you'll find prices. http://www.freedomoffshore.com/offshorebanking.html can probably do it for under $1k
     
  6. thebigsicilion

    thebigsicilion Registered Member

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    Thanks for that info. My monthly sales are in excess of managing liqpay so I will look around.