Pros and Cons of Offshore Credit Card Merchant Accounts Things You Should Know

Pros and cons of offshore credit card merchant accounts there are certain things you should know before signing up. First your sales rep for merchant account services should tell you important items to be aware of.

If you aren't processing $1,200.00 dollars in transactions fees per month you could be charged $25.00 dollars or more a month. If you cancel early for any reason they could charge you anywhere from $200.00 to $500.00 dollars extra. There is a yearly fee that you will have to pay on top of everything else. This fee could be anywhere from $30.00 dollars to $200.00 and it could be called anything from a yearly transaction fee, membership fee, annual fee or risk assessment fee.

Know the terminology the company will use and look carefully at each transaction. Or better yet, find out all of these charges before you sign up with them. It pays to ask questions.