International Merchant Account
You need to set up an international merchant account for your business if you wish to be able to accept credit/debit card payments from customer residing in different countries. We at PaySpace have the right solution for you if your goal is to reach the larger target audience and enjoy the significant expansion opportunities. There are a few important things that you should know about an international merchant account, and you will find some helpful information on that below.
Why Do You Need to Get an International Merchant Account?
If you have a small business and you just want to operate within a certain location, setting up an international merchant account is unnecessary for you, but if you have ambitious plans on expanding your business and reaching customers from all over the world, an international merchant account is exactly what you need.
Even if you do not sell your services and products internationally now, you should think if it is something that you plan to do in the future. It will take you some time to adapt your website for customers from other countries, such as adding relevant language versions, determining delivery conditions, etc., and this is also the right time to think through the payments processes. In order to start getting payments from your clients residing in other countries, a few things must be done, and you should start doing them from setting up an international merchant account with help of a reliable company.
Is It Possible to Get an International Merchant Account in a Bank?
Theoretically, yes, it is possible, but you should know that domestic acquiring banks will go through each and every detail using “a magnifying glass” if you apply with them for opening an international merchant account. There are plenty of reasons why such businesses are labeled high-risk, and even if you have a high credit score, an excellent reputation, and a long operation history, your application may be rejected. Of course, the banks do not do it to make you unhappy, but they just try to avoid entering into potentially risky agreements.
At the same time, it is possible to find another solution for you. PaySpace is a quick, convenient and affordable way to open an international merchant account and enjoy a wide range of different benefits.
What Will I Have if I Use PaySpace?
If you use PaySpace services, you will be able to enjoy the following:
- Get paid by customers from more than 150 different countries;
- Accept payments in over 80 different currencies;
- Stay protected with the tough security measures;
- Use the most suitable integration options;
- Get paid through different payments systems, including credit cards (all major brands) as well as a large variety of alternative payment methods;
- Keep control over fraud and chargeback to eliminate them;
- Take advantage of a range of additional helpful features.
As you can, PaySpace is able to satisfy the needs even the most demanding customers, and if you wish that your business to grow, you should opt for the best payment services, giving you the most opportunities.
How Much Does It Cost to Set Up an International Merchant Account?
Out prices are determined based on a range of factors because we aim at finding the best and the most affordable solutions for our clients. We have flexible pricing and in order to make you an offer, we need to get some info about your business and what exactly you need. You can contact our professional support team by using a range of contact methods indicated on our website and we will gladly reply to all your questions.
We will also ask you a few questions to have a good understanding of your situation and provide you with the exact conditions. It is important to note that we work with different businesses, including those considered to be high-risk. We also welcome startups, new businesses, those with a low credit score, and basically, everyone who wish to establish a successful international business but have problems with getting a merchant account in a traditional way or just want to enjoy the benefits provided by offshore banking.
How Long Will It Take to Get an International Merchant Account?
We cooperate with all important organizations and authorities to make the process as quick as possible. However, in order to be able to accept credit/debit cards payments, special technologies are utilized and it takes different times for different integration options to install them. Usually, it takes from 1 day to 1 month to make a business to be able to get payments using our payment solutions. To find out more detailed information about that, you should contact our support team. We are sure that we will find the best solution for your international business at good conditions and you will not regret dealing with us.