Get the experience from not just a seller of a high risk offshore merchant account but a merchant who has been thru all the hoops and has seen everything from both sides.
The risks of offshore high risk merchant accounts
Most sellers of such high risk merchant account are delivering low-grade products or simply take your money and run away (this has happened to me several times in the past). These sellers have never processed 1 single cent themselves from credit cards and therefore do not know (or care) about the requirements of a merchant. They only know how to sell a useless solution that will go down after 1-2 months of use.
These days the scam artist make your account run for 2 months and then suddenly it gets closed and then you never see the funds from the last 3-5 weeks processing plus the standard 10% reserve that you normally should get back after 6 months.
A new variation of this scam is that the high volume high risk merchant account processor has very poor reporting system making it difficult or impossible for you to see when and how much you will get paid for which period.
For example a gateway processor that claims to be...
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