Hozpitality Logo Hozpitality Logo
    • Advanced Search
    Language
    • English
    • Arabic
    • Mandarin
    • French
    • Spanish
    • Russian
  • Institutes
  • Companies
  • Suppliers
  • Courses
  • Jobs
  • Marketplace
  • Alumni Pages
  • Articles
  • Events
  • Awards
  • Courses
  • Jobs
  • Marketplace
  • More
    • Institutes
    • Companies
    • Suppliers
    • Alumni Pages
    • Articles
    • Events
    • Awards
  • Language
    • English
    • Arabic
    • Mandarin
    • French
    • Spanish
    • Russian
    • German

Did you register already??

Connect with Global Hospitality Professionals.
Meet, Network & Benefit !

"Thanks for rating!
Your contribution helps everyone make better decisions."

Highrisk Gateways Cover Image
User Image
Drag to reposition cover
Highrisk GatewaysProfile Picture
  • About
  • Timeline
  • Jobs
  • Products
  • Promotions
  • Gallery
  • News & Articles
  • Events
  • Reviews
  • About
  • Timeline
  • Jobs
  • Products
  • Promotions
  • Gallery
  • News & Articles
  • Events
  • Reviews
  • premium

    Highrisk Gateways

  • Highrisk Gateways Twitter Profile

    C32, Plot no.-14, Kaushambi, India

  • 5.0 1 review(s)
  • 3 Following 136 Followers
  • Contact Us Our Team Testimonials

About Us

HighRisk Gateways is a Global Credit Card Processor for high risk merchants. We began our operations a few decades ago and have grown due to excellent relationships with our International Processors. We started out small, with just a few people, but today we have 100’s of Agent/ISO/Resellers working with us. HighRisk Gateways has achieved our success because of how successfully we integrate and provide the services to our merchants. Merchants fear outside companies to get a merchant as they can’t go to them to meet. We are based in India can be reached googling our business name or setting a direction to our office by google maps. If you would like schedule your meeting with us, Please send us your business profile and we will review it to ensure the approval. We will email/call to you to setup our meeting according to your convenience. HighRisk Gateways continues to grow every day in the market of online credit card processing, thanks to the confidence our merchants have in us. We cover many high risk industries such as Financial, Forex, IT Support, Herbal and Health Care Products, Business Services,Consumer Products…etc.

Our Services

High risk payment gatewayOffshore payment gatewayhigh risk merchant accountCredit card processingBest high risk payment processors

Forex Trading Merchant AccountOnline Gaming Merchant accountAdult toys Merchant AccountOnline Casino Payment GatewayTobacco Merchant AccountNon-3d Payment GatewayeCommerce Payment Gateway



Gallery
  • Slider-images
  • Slider-images
  • Slider-images
  • Slider-images

We are sorry this {artitle_title} article is not available anymore. Please click below to see other similar articles available on Hozpitality

Offshore payment gateway | Best suited for eCommerce businesses

Promotions : 04 Apr 2022
10 months ago
Like
Comment
Share

Share to:

Timeline

Twitter
Facebook
WhatsApp
Pinterest
Linkedin
3
33191
0
0

Offshore is a term signifying a location outside of the country where the business is based. When it reaches the finance and banking services industry, offshore is identical to international services that facilitate clients to find the service outside the region where their main headquarte

Offshore payment gateway | Best suited for eCommerce businesses

Nowadays, on a growing momentum of development, many eCommerce firms are exploring their business activities around the world to fulfill global requirements. The mainspring of global eCommerce usually initiates with the help of an offshore payment gateway.

Offshore payment gateway | what does it mean?

Offshore is a term signifying a location outside of the country where the business is based. When it reaches the finance and banking services industry, offshore is identical to international services that facilitate clients to find the service outside the region where their main headquarters are situated.

The offshore payment gateway has become a common payment service for global eCommerce companies in current years. Cross-border business is the main benefit of eCommerce, and international organizations may rely not only on local dealings but also on international orders. As an output, online businesses should integrate an offshore payment gateway into their websites for abiding credit/debit cards or digital payments from their customers beyond the operational areas.

Why do eCommerce businesses select offshore payment solutions?

93% of global online businesses will select offshore payment gateway services for their eCommerce business. What benefits of the offshore payment gateway that the majority of eCommerce companies presume at the top of their minds?

Top advantages of an offshore payment gateway:

Transactions processing volume. Some offshore payment gateway providers equip clients with a higher volume of transactions compared to local companions. So, the rate of rejected transactions can be reduced and improve your sales.

Multi-currency favor. A customer can perform an online payment in their native currency by an offshore payment gateway. Accepting payments online from various currencies can help you in expanding your business. You can also expand your business globally with the integration of a safe payment platform.

Multiple offshore merchant accounts. It is a nice concept to open numerous offshore merchant accounts with banks across the world. You can handle all payment processing accounts from a single control panel and thanks to a single plug-in of the offshore payment gateways. On a transnational or particular account basis, reporting, accounting, and chargeback processing data are all conveniently attainable.

Diverse jurisdictions have distinct regulations. If you strive to focus on some targeted markets, you may profit from foreign policies as compared to your regional market. It is not only about tax policy but also other rules and regulations from foreign governments and foreign trade rates. All the characteristics of distinction in regulations promote more trade and commerce.

Process numerous credit/debit cards. Card acceptance rates are more heightened when processing via acquiring bank that situates in the customer’s areas. With an offshore payment gateway, businesses can assemble various credit/debit cards from Visa, American Express, Discover, MasterCard, and JCB.

Reduce operating expenses. International business periodically needs the business to open its attendant office overseas. And that can lead to an additional execution cost. Consequently, for the first step of going global, online companies should operate offshore businesses with an offshore payment gateway and execute business from their native countries to relieve expenditures.

How does the offshore payment process?

An offshore payment processor will provide you with a payment gateway that allows the processing of business transactions to a foreign location. This is where offshore credit card processing companies perform their part. Most customers use the new set of cashless payment modes.

Merchants can receive the funds through an offshore payment gateway and here is the process.

  • For example, a customer is paying by using a credit card. Customers will log on to the merchant’s website and fill in the required details like credit cards, debit cards, net banking, or any other payment mode.
  • The data will be forwarded to the merchant’s bank and then the data transmits to the credit card network for verification.
  • The credit card network sends the transaction details to the customer’s issuing bank.
  • Then the issuing bank will approve or decline and deliver the results to the merchant’s bank and the processor will forward the details to the customer about the transaction results in real-time through the merchant’s website.
  • After approval, the issuing bank will transfer the amount to the merchant’s bank by using a credit card network. Automatic receipts are also sent to both merchants and customers and this process takes a couple of minutes or even seconds.

Who requires an offshore payment gateway?

Offshore payment gateway is used in the territories that come under the high-risk category.

  • High-Risk Vendors. A high-risk merchant is a reputed business that has the essence of obtaining fraudulent transactions. High-risk merchants are also classified by the banks because these enterprises have chargebacks, frauds, and various refunds. So High-risk merchants carry high sales volume, bad credit card scores, and also non-compliance with security rules. These risks tend to charge merchants higher fees or can also preclude them from future transactions but not all high-risk merchants are considered illegal.

Some businesses that come under the high-risk category are:

  • Cryptocurrency
  • Blockchain
  • Tobacco
  • Finance
  • Travel
  • Online Pharmacies
  • Gambling
  • Adult Services
  • Weapons

Low-risk merchants can also get an offshore payment gateway if their chargeback volume is high. Some examples of businesses categorized as low-risk are retail, beauty products, restaurants, etc.

  • eCommerce Businesses. An eCommerce business can also come under the high-risk category because of the expansion of the eCommerce industry. So online businesses ought a direct path to payment processing because eCommerce businesses want to reach customers globally and furnishing international transactions can be a challenge.
  • With an offshore merchant account. Online businesses can process international payment transactions. They will also accept major credit cards and different currencies from customers beyond the business’s area. So these advantages can help eCommerce businesses to tempt more customers and it enriches sales, and increment in profits.

Get a suitable offshore payment services provider

Merchants must find an offshore payment gateway provider with a prosperous record and which also trades with high-risk merchants in the same industry type. They should also include reliable price support. Moreover, tools to prevent chargebacks.

  • Avoid extra charges. Avoid an offshore merchant service provider that functions on augmented fees when dealing with high-risk merchants.
  • Always be upfront and honest. Merchants that require offshore payment processing, must clear things with their provider concerning their business essence and operations.
  • Check testimonials from clients. Reviews of previous clients will be excellent references about how good or bad an image of an offshore merchant service provider is. Merchants must study and research their options and then get the right firm for the business’s requirements.
  • See what they precisely offer. Merchants must go for an offshore services provider that can provide quality services. An offshore payment service provider must know how to handle merchant requirements by providing excellent services such as 24*7 support, troubleshooting, and maintenance.
  • Go for flexible terms. As business requirements can change at any time and selecting more extended contracts or an automated renewal feature is not right. Merchants should go for the providers who can offer flexible term contracts.

Conclusion

With an offshore payment gateway as a part of transactions and purchasing, businesses can provide more options for their customers. That may lead to many opportunities to make high sales, an expanded customer base, and also more success for the business.

HighRisk Gateways are one of the leading payment service providers with great expertise in the respective sector. So if you want to process your transactions you can contact us because we will provide you with our best solutions.

Source: Offshore payment gateway | Best suited for eCommerce businesses

#high risk payment gateway #offshore payment gateway #high risk merchant account #credit card processing

More Articles By Highrisk Gateways


    Get a High-Risk Merchant Account in India effortlessly

    Get a High-Risk Merchant Account in India effortlessly

    33266

    Posted : 10 months ago

    Credit Card Processing: Accept Online Payments Securely

    Credit Card Processing: Accept Online Payments Securely

    33389

    Posted : 10 months ago

    A quick guide to eCommerce Payment Gateway

    A quick guide to eCommerce Payment Gateway

    33353

    Posted : 10 months ago

    High-Risk Payment Gateway | Best Payment Services

    High-Risk Payment Gateway | Best Payment Services

    33242

    Posted : 10 months ago

    Get The Best High-Risk Merchant Account In High-Risk Industry

    Get The Best High-Risk Merchant Account In High-Risk Industry

    34299

    Posted : 10 months ago

    High-Risk Payment Processors | Everything You Need To Know

    High-Risk Payment Processors | Everything You Need To Know

    34452

    Posted : 11 months ago

Recent Article Posted on Hozpitality


    Make Your Heart Skip a Beat at Rixos Premium Dubai

    Make Your Heart Skip a Beat at Rixos Premium Dubai

    303

    Posted : 12 hours ago

    Ahmed Elnawawy Joins Rixos Bab Al Bahr

    Ahmed Elnawawy Joins Rixos Bab Al Bahr

    959

    Posted : 1 day ago

    Marriott Bonvoy: Fitness on Demand

    Marriott Bonvoy: Fitness on Demand

    829

    Posted : 1 day ago

    Mike Getachew to Represent RHG Concierges at UICH

    Mike Getachew to Represent RHG Concierges at UICH

    814

    Posted : 2 days ago

    Chill Out with an Amazing Hotelier Night Offer

    Chill Out with an Amazing Hotelier Night Offer

    975

    Posted : 2 days ago

    Sayaji Hotels Group enters India Book of Records

    Sayaji Hotels Group enters India Book of Records

    977

    Posted : 2 days ago

Register On Hozpitality FREE REGISTRATION!
Please Enter OTP received on email!
Highrisk Gateways Profile Picture

Almost done, Last step is to verify your email.

This will help us keep you updated about your application status.

Type in the code we sent to your email.

Close

Enter your email to login with your existing Hozpitality profile, or to create a new one.


Forgot Password?
Close
Profile Picture
cover-picture

Rate: Highrisk Gateways

Write a Review 5.0 1 Review(s)
Aashif Shaikh
Aashif Shaikh
Digital Marketing Manager - Hozpitality Group

Mumbai, United Arab Emirates UAE

 

Report this User

Important!

Are you sure that you want to remove this member from your Team-mate List?

New member was successfully added to your Team-mate list!

Crop your avatar

Highrisk Gateways

You are not logged in to review this page, Please login and try again.

  • Institutes
  • Companies
  • Suppliers
  • For Companies
    Post Job Search Candidates Create a Company Page Post articles
    Packages Marketplace Networking Advertising with us Feature Yourself Business Solution FAQs
  • For Professional
    Create a Profile Post articles
    Marketplace Networking Advertising with us CV Design Career Resources Job Alert Feature Yourself FAQs
  • For Institute
    Post a Course Create New Page Post articles
    Packages Advance Filter Networking Advertising with us Feature Yourself Business Solution FAQs
  • For Job Seeker
    Search For Job Search Companies Create a Profile CV Design Career Resources Latest News Networking Feature Yourself
  • For Student
    Search a Course Search Institute Create a Profile CV Design Career Resources Latest News Networking Feature Yourself FAQs
  • For Suppliers
    Sell Product Create New Page Marketplace Packages Networking Advertising with us Feature Yourself Business Solution FAQs
  • For Partners
  • Packages
  • About Us
    Resources About Privacy Terms Blogs News Room Acceptable Use Policy Hozpitality Canada Hozpitality UK Hozpitality India Hozpitality Australia FAQs
  • Contact Us
  • Hozpitality Group Facebook Profile Hozpitality Group youtube Profile Hozpitality Group instagram Profile Hozpitality Group linkedin Profile Hozpitality Group twitter Profile Hozpitality Group tiktok Profile Hozpitality Group Profile