WHAT IS AND HOW TO GET FREE OFFSHORE INTERNET MERCHANT ACCOUNT?

Any business dealing in electronic commerce must have an Internet Merchant Account to survive and then flourish. The online business has now become highly competitive and therefore if you are not ready to accept payments through credit card then you will be out of business in a very short time. This is the reason why it makes the merchant account absolutely necessary. Even if you are the owner of a small business based on the internet you will need the merchant account just to survive, in the beginning and later to increase your profits. However, if you have kept away from the merchant account then you have not heard the option of opening a “Free Internet Merchant Account”. You can get a “Free Internet Merchant Account” by getting the services offered by a third – party processing company.

When you apply for the “Free Internet Merchant Account”, you are simply telling the third party merchant company to take the credit card payments of your customers on your behalf. The company will charge you a specific amount as commission and the remaining money goes securely in to your business account. The commission fee is also known as a processing fee. Mostly, this is the way almost all third party providers get their profits, which allows them to give you a merchant account at zero opening costs.

Typically, the fees charged by any third party provider will be marginally higher than regular online merchant accounts because of zero initial costs. However, these fees can be negotiated and brought down if you are a good negotiator. This “Free Internet Merchant Account” is not provided by all third party service providers. Few of them charge some small fees. However, the big players give you the internet merchant account without any initial charges because they can take more risks than the small providers. For this reason, it is always better to obtain the “Free Internet Merchant Account” services from the bigger and more reputed firms.

It is also a member of the “Better Business Bureau”. The company is said to offer the best price in the business. This company does not require you to sign any expensive contracts or pay any cancellation fees. Therefore, this kind of a merchant account provider will be best suited for your company.

Another, important aspect before choosing your “Free Internet Merchant Account Provider” is to check its record in the past. This has to be done as there is a high risk of fake operators disappearing with the money earned by you.

To get a Free Internet Merchant Account you have to fill an application form by providing some basic information. This account helps a business to tap the highly potential online trade. Contact one of our helpful account representatives to assist you in the setup of a high risk merchant account or offshore merchant account for a high risk merchant.