Bermuda, a beautiful tourist attraction located in the North Atlantic Ocean as a British Overseas territory is popular in the financial world because the offshore insurance and tourist sector of this nation’s economy is among the largest ones in the world. It is clearly evident that in such a developed nation, activity percentage of e-commerce and online business must be high as well. Whether it be merchants based in Bermuda with international client base or global merchants having an online business in Bermuda, Quadrapay has the complete range of solutions varying from merchant account, payment gateway, Credit Card processing, echeck, ACH to Chargeback alert and notification services to merchant cash advance facility. Just fill the short and Swift application form on www.quadrapay.com, and we will be happy to help you.
The main strength of Bermuda’s economy is tourism and international business. Being a small Nation, most of the products and services are imported into the nation. Therefore, this is a high cost economy. Even more fascinating fact is the gross national income of Bermuda which has been ranked amongst the top countries of the world. The importance of online business is really crucial in the economy of Bermuda. Moreover, the financial Association of Bermuda with the USA is of strategic importance as well. Most of the financial systems of USA, also works in Bermuda. This is a great advantage for the merchants dealing in high risk industry as they can avail echeck payment option and successfully maintain the business flow. It is estimated that over 75% of the top 500 US companies have their base in Bermuda and have a huge share in The E-Commerce of this Nation.
Both the international business and tourism segment of Bermuda largely depends on the United States of America. The scope of business profits specifically on the online platform is estimated for several thousand million dollars. In fact, the balance of payment surplus was over 800 million dollars in 2014 and has increased even higher now. The facts are enough to indicate that the country is actually working as ‘Midas touch’ for online merchants globally. The nation is also the best place for some of the highest industry segments. Because of the strong relations with the USA and the European Union, most of the EU based PSPs and the USA based processors willing to onboard Merchants with business base in Bermuda.
If you are also looking for merchant account payment gateway for Bermuda or Global Payment Gateway providers for Bermuda, Quadrapay can help you get the most suitable solution for your specific business model. You can log onto www.quadrapay.com to get the solution for your online business and complete assistance to establish and benefit. You can also reach us on [email protected] or call us on our 24/7 customer care service on +1 6318321773.