High Risk Merchant Account in Singapore

A High Risk Merchant account is a special account provided by banks to online businesses that have a high credit rate or a business that has a high turnover, large volumes of sales along with enhanced risk of fraud.

There is a horde of online services that ensure acquiring a high risk merchant account for the high risk businesses. Today there are a number of offshore merchant account providers providing such businesses with fully tailored merchant account services. These websites offer both high risk and low risk merchant accounts and credit card processing services for all kinds of businesses globally. Such services hold tie- ups with banks around the world to provide the best merchant account for high risk and low risk businesses anywhere. We also have an international gateway.

Businesses considered as high risk includes travel, adult, adult internet, amusement & recreation services, online casino and internet gambling providers, auto rental, lotteries, check cashing services, coin shops, collection agencies, dating, detective services, door-to-door sales, downloading of software and many more. Such an account can be procured from a domestic merchant account provider including a designated bank or a credit card processor or from any international or offshore agency involved in related activity.

A high risk or an offshore merchant account require some amount of a monetary deposit or requires the company to be in operation for a specific period of time. Such an account can be obtained with very limited hassles and requirements.

International deal with diverse currencies is possible for industries seeking speedy transaction. You can get an instant pay-out from global customers if you are selling any product. Multiple currencies such as the UK Pound, the US Dollar and many more offer comfortable business to merchants without any bother. Arthur, a merchant from the United Kingdom explains the benefits of diverse currencies and says 'Different coinages have a grand effect on the business transaction and you can get numerous clients from diverse nations. This increases the revenue without any hitch" If you want to run at the international level then look for several currency options without a delay.

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