Offshore Credit Card Merchant Accounts - About High-Risk Offshore Accounts

Offshore Credit Card Merchant Accounts - Many times, providers that specialize in offshore merchant accounts will also offer high-risk accounts. Depending on the nature of your business, you may require a high-risk offshore account.

High-risk merchant accounts may be warranted in two primary cases. First, you may have poor personal credit, which affects your ability to qualify for a business merchant account.

Business owners with poor individual credit ratings are often considered "high risk." Second, the type of business you have may be considered a high-risk endeavor, requiring a special type of merchant account.

The most common example of a high-risk business is an online pharmacy, particularly when it operates offshore. High-risk merchant account services tend to cost more than run-of-the-mill merchant accounts.