What Factors Make a Good Offshore Credit Card Processor?
While trying to figure out a suitable offshore provider, consider these points.
Check out these fees. Setup fee, monthly fee, return fee, annual fee, chargeback fee, return fee, wire fee, and hidden charges If you try to negotiate, you will get a better deal.
Offshore service providers do have provisions for a rolling reserve ranging from 5% to 15%. Thus, you should always try to keep it as minimal as possible. This will directly impact the cash flow.
We at QuadraPay suggest you be very careful while deciding on your offshore account provider. Your online business completely depends on your merchant account. Choosing wisely and negotiating with the service provider is important. It helps you reduce the cost factor and enhances your profits.