Smarter Business Purchasing
  • See How Much You Can Save With Top UK Companies
  • Complete 1 Form to Receive up to 4 Free Quotes
  • It Only Takes a Minute!
Compare UK Merchant Accounts & Find A Top Supplier Today
Please choose an option
This field is required
Please choose an option
This field is required
Please choose an option
This field is required

Your Postcode ensures quotes are available in your area

This field is required
Doesn't look like a valid postcode
Please enter a valid UK phone number
Please enter your first & last name
Please enter a valid value
Hold on - we're finding suppliers that best match your needs

Great - we found you matching suppliers.
Complete your details to receive your free quotes

This field is required
Doesn't look like a valid postcode
Please enter a valid UK phone number
Please enter your first & last name
Please enter a valid value
This field is required
Doesn't look like a valid postcode
Please enter a valid UK phone number
Please enter your first & last name
Please enter a valid value

This is the last page of questions

This field is required
Doesn't look like a valid postcode
Please enter a valid UK phone number
Please enter your first & last name
Please enter a valid value
This field is required
Doesn't look like a valid postcode
Please enter a valid UK phone number
Please enter your first & last name
Please enter a valid value

Offshore Merchant Account Providers

Offshore Merchant Account Providers

There are two principal motivations for choosing an offshore merchant account rather than one based in the UK. Predominantly, it can be easier to obtain an offshore merchant account rather than one based in the UK. This applies to start-ups and businesses involved in high-risk industries such as gaming, dating websites, adult services, subscription services and businesses where payments are taken well in advance of delivery. Business owners with poor credit histories can often find that they can obtain an offshore merchant account when they cannot do so in the UK.

The second reason is to take advantage of the lower taxation that is available in certain offshore jurisdictions. This applies mainly to larger corporations that wish to reduce their tax bill and to big gaming brands that prefer not to pay UK gambling levies.

To find out more about the range offshore merchant account options available, simply continue reading this page; otherwise, if you are ready to compare quotes today, just fill in the form above.

Comparing quotes with Approved Index is free, quick and easy, and it could save your business as much as 40%.

Find an offshore merchant account provider


COMPARE PRICES NOW

Disadvantages of Offshore Merchant Accounts

There are several downsides in choosing an offshore merchant account:

Cost

They are almost without exception more expensive overall, though some offshore high-risk merchant accounts can be cheaper than their UK equivalents.

Reputation

Businesses that use offshore merchant account providers face the possibility of damaging their reputation and they might attract the attention of UK tax authorities.

Legal issues

In case of a dispute, dealing with overseas legal issues can be problematic and expensive.


Offshore credit card merchant account providers

There are many providers that offer merchant accounts. Some of these include:

Instabill

Instabill provides offshore merchants for a wide range of high-risk business categories. Following approval it is possible to get an account up and running within two days and fees can be as low as 2.2%. The company is listed in the UK and also operates in the US; it has been providing accounts since 2001.

Cardcharge

Cardcharge is a payment service provider that specialises in offshore and high-risk merchant accounts and provides services for a wide range of high-risk business categories. They deal directly with acquirers, or if they cannot find an acquirer that will work with your business then they can provide third-party merchant accounts.

Veripayment

Veripayment is a large specialty online payment processing provider offering offshore merchant accounts and a special selling point is minimising its clients’ exposure to fraud. Fees begin at 4.95% + $0.65 a transaction and there is a 10% rolling reserve for six months.

NPS Global

NPS Global claims to provide offshore merchant accounts for all business categories. Settlement is seven days and funds can be wired to any bank in the world. The company doesn’t publish costs; these are only supplied on application, but it does offer to price match any existing offshore account you might have.

PayNow

PayNow is located in Bahamas and works with banks based in Cyprus, Panama, and St. Kitts. It is a small company with just 5 people. Fees are from 5.5% + $0.35 per transaction and payments are made ten days in arrears though they can be more expensive for companies without a trading history.


Compare Offshore Merchant Account Suppliers Now

If you are considering an offshore merchant account, it is important to research potential providers thoroughly in order to minimise your exposure to risk. Also ensure that you understand exactly what you are signing up for, so don’t ignore the small print. However; many merchants successfully run offshore merchant accounts, even big brands.

If you are considering an offshore merchant account, simply complete the quote form and we will get back to you with free no-obligation quotes and information tailored to your business needs in order to help you make the best decisions for your enterprise.

Comparing quotes with Approved Index is free, quick and easy, and it could save you as much as 40%

Find an offshore merchant account provider


COMPARE PRICES NOW