Much of what will be covered here was covered in a previous post about why banks say no to you but yes to me. I’d highly recommend reading that post first. So you want to accept PayPal as an offshore company. Maybe you can’t even find your IBC jurisdiction of…
Today I will go through alternatives to merchant accounts which are suitable for high risk offshore businesses. There are payment methods and payment service providers (PSPs) that are more likely to accept high risk ecommerce. Speedcard Speedcard is an e-wallet like solution from the well-known offshore bank FBME, featured in…
This will be a high-level introduction into what it means to be an offshore high-risk merchant in the ecommerce sector. What is Ecommerce? Merrian—Webster defines ecommerce as “commerce conducted via the Internet”, which is nice and simple so we’ll stick to that. What is a Merchant? That’s you, if you…