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Offshore eCommerce

If you are operating a business offshore, and want to accept credit cards, you need an international credit card processing account. When doing business from a low tax country and selling to a high tax country, the key to tax planning is reducing ties to the high tax country. This includes having your office, product, personnel, information technology, internet marketing portal, banking, and merchant account in the low tax country.

International banks offer a number of products and services not available in the United States. Some of the benefits of an offshore merchant account are:
 

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Multi-currency pricing and/or settlement in multiple countries;

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Multi-jurisdictional payment solutions and the ability to settle in multiple; currencies with multiple banks in different countries through a single web site;

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Verified by Visa and SecureCode solutions;

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Access to international markets; and

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Ability to process transactions that are not accepted by most US acquirers.


The bad news is that offshore credit card processing is fraught with unique risks, high fees, brokers and middle men, chargeback reserves, and many other issues that do not exist in the well developed US market.

The Law Office of Chris Rusch focuses on businesses that are expanding into international markets and can guide you through this part your international expansion. I have substantial experience advising clients with offshore internet, mail order (MOTO), and other merchant needs.

Please contact me for a free consultation on international business planning and offshore merchant services.