Add E-Check Processing to increase your sales

Most businesses need a number of ways for their customer to pay, the more ways the more sales you make. High-risk merchants that need to receive payments are finding difficult to obtain merchant processing accounts and maintaining low chargebacks. As a result, E-check processing is becoming the most preferred and popular alternative payment method being used by both low and high-risk merchants alike.

Traditionally, credits cards represented the most popularly and conveniently used payment methods. ACH was the technology commonly used for processing electronic checks but the new technology which is based on Check21 Law has made E-checks increasingly popular among the offshore merchant and traders. The E-check 21 items are cleared and processed through bank-to-bank fund transfer. Now, as these transactions do not process through ACH network, they provide a greater flexibility in a number of allowed returns and revoked transactions.

Nowadays, if you are not offering your customers E-check processing, then you are losing sales from those who do not have credit/debit cards or have exceeded the limit on their cards. There are also some customers who prefer to make payments through a direct debit from their bank account. In addition to this, there are various reports and surveys that suggest, merchants who accept e-checks have reported a boost in their sales by up to 20%.

Lastly, offering only cards as a payment method on your website is now no longer a sufficient way to grow your sales. In order to exceed over your competitors, it is very necessary to diversify your payment methods and add E-check processing to your high-risk merchant processing services.

Setting up an offshore company requires very simple steps

The process of setting up an offshore company and an offshore corporate account is much less involved in comparison to what people may believe. At the present time, with the involvement of many service providers ready to assist you, setting up an offshore company has become much easier which usually requires very simple steps and less time.

Select a preferred location: The very first and most important step is to decide which jurisdiction best suits your business needs. A lot depends on the kind of business you intend to practice and where you live. If you're having trouble choosing the jurisdiction you may consult a number of service providers which can assist you to choose the preferred location in relation to your business requirements.

Decide your company name:There are certain jurisdictions which do not accept some words in the name of an offshore company. These names vary from country to country and some jurisdictions make it mandatory to use the suffix such as LLC, Corp, Inc, etc. However, it is better to come up with at least three choices of preferred company names as a lot of names have already been taken.

Decide on nominees: Once you have a name confirmed you may select nominee directors and shareholders for increases privacy. They will appeal on the public record only allow you increase privacy and asset protection.

Setting up the offshore bank account:This can be an involved process as offshore bank are selective regarding clients they will accept so it is important to work close with your provider to submit the require documents requested in a timely and professional manner.

Submit an application or order from:The next step, you will need to fill and submit an order form with the all required documents and KYC  information attached to it. You need to provide names of the director of the company, shareholders, company secretary, etc. Along with this, you can also choose which merchant account services you require according to your business needs.

Lastly, there are a number of consultant companies who can assist you in setting up an offshore company along with offshore corporate accounts according to your business requirements and goals.

Choose a Merchant Account Service Provider For all your e-Commerce Needs

If you are an e-commerce merchant and own an internet business you will need a merchant account/ credit card processing services to effectively run your business. In today's highly competitive world, where all banks are providing their services at sky high rates and strict terms, obtaining an e-commerce merchant account and merchant processing services has become really very tough.

Although obtaining offshore merchant accounts can be easier, however, contacting offshore banks can be a quite complex process. This is where merchant account service providers can prove to be beneficial. Today there are a number of merchant account service providers who provide different types of merchant accounts and processing services, choosing the best amongst them can be a quite difficult task.
Some of the merchants find it better not to use a merchant account service provider and go directly to the acquiring banks and handle their expertise on their own. However, this usually brings mixed results or simply bad merchant account terms. On the contrary, choosing a service provider can provide you a lot of benefits:

Top Benefits

•  A reputable merchant account service provider has a team of professionals with years of experience and expertise. They can provide a lawyer for legal advice or a general consultant.
• Merchant account service providers usually have many bank affiliations and also have third party merchant account database. This enables you to select from a number of merchant account types and merchant processing services depending upon your specifications and business needs. These services providers also explain all terms and policies and provide you a glossary of credit card processing services and other payment modes.
• E-commerce merchant account consulting is one of the best advantages of getting assistance from a service provider instead of going directly to the bank. They deliver you in-depth knowledge of all types of merchant accounts and processing services offering you the best-suited account and processing services. It helps you save money, time, and nerves.
• They can provide you many third party merchant services which are very hard to find on your own. The third party merchant accounts are of great use to a certain type of e-commerce businesses and small merchants that may not have processing history or may be a start up.
• The biggest benefit of using a merchant account service provider is that they can handle all your issues of chargeback without involving you. These service providers take care of handling all issues and disputes related to your business and respective bank.

A merchant account service provider is vital for your e-commerce business to flourish. So select a service provider that best suits your business needs because a merchant account service provider delivers you a better chance to get a firm hold on your processing needs of your business. 

Choose a Merchant Account Service Provider For all your e-Commerce Needs

If you are an e-commerce merchant and own an internet business you will need a merchant account/ credit card processing services to effectively run your business. In today's highly competitive world, where all banks are providing their services at sky high rates and strict terms, obtaining an e-commerce merchant account and merchant processing services has become really very tough.

Although obtaining offshore merchant accounts can be easier, however, contacting offshore banks can be a quite complex process. This is where merchant account service providers can prove to be beneficial. Today there are a number of merchant account service providers who provide different types of merchant accounts and processing services, choosing the best amongst them can be a quite difficult task.
Some of the merchants find it better not to use a merchant account service provider and go directly to the acquiring banks and handle their expertise on their own. However, this usually brings mixed results or simply bad merchant account terms. On the contrary, choosing a service provider can provide you a lot of benefits:

Top Benefits

• A reputable merchant account service provider has a team of professionals with years of experience and expertise. They can provide a lawyer for legal advice or a general consultant.
• Merchant account service providers usually have many bank affiliations and also have third party merchant account database. This enables you to select from a number of merchant account types and merchant processing services depending upon your specifications and business needs. These services providers also explain all terms and policies and provide you a glossary of credit card processing services and other payment modes.
• E-commerce merchant account consulting is one of the best advantages of getting assistance from a service provider instead of going directly to the bank. They deliver you in-depth knowledge of all types of merchant accounts and processing services offering you the best-suited account and processing services. It helps you save money, time, and nerves.
• They can provide you many third party merchant services which are very hard to find on your own. The third party merchant accounts are of great use to a certain type of e-commerce businesses and small merchants that may not have processing history or may be a start up.
• The biggest benefit of using a merchant account service provider is that they can handle all your issues of chargeback without involving you. These service providers take care of handling all issues and disputes related to your business and respective bank.

A merchant account service provider is vital for your e-commerce business to flourish. So select a service provider that best suits your business needs because a merchant account service provider delivers you a better chance to get a firm hold on your processing needs of your business. 

How to set up an offshore bank account in Belize?

Belize is most popular for two main reasons - the Great Blue Hole and offshore banking. Unlike Singapore and Switzerland, Belize isn't the most recognized offshore banking jurisdiction however Belize banks pay special focus on international investments, asset protection and complete confidentiality from creditors. So, if you wish to set up an offshore bank account for privacy Belize is the best place currently.

Setting up an offshore bank account in Belize is quite easy and simpler than other jurisdictions. You can easily request an applications forms from any of the Belize banks, you will receive information related to your mail. There are several types of accounts like saving accounts and demand deposit accounts for both types - personal and corporate.

To set up a personal account, you need to mail the scanned copies of all required documents and, later on, send all the original documents through courier.

• Notarized color passport copy of your photo and signature
• Two reference letters from a bank you are associated with for more than 18 months including the date when account was opened, the type of business you do with the bank, average balance of your account
• Copy of a bill as a proof of the residential address

To set up an offshore corporate account, along with these documents you need to give certain details of the company too. Such as-

•  Certificate of Incorporation
• If the company is formed for more than a year a certificate of good standing to is required
• List of shareholders and directors
• Copies of share certificates and resolution of appointing directors
• Memorandum and Articles of Association
• A Belize offshore bank account delivers several benefits which are making it most preferred and popular these days.

Top Benefits

• Money stays in US currency and is easily accessible
• Full access to online banking and customer support
• Full access to international debit and credit cards
• Easily apply for a loan and invest in business or property
• You can diversify your assets
• Conceive your wealth from regular folk with complete privacy 

Lastly, if you are willing to go offshore to set up an offshore company or an offshore corporate account, you can also take assistance from a number of offshore company account service providers to make the procedure of setting up an offshore bank account in Belize simpler and easier. They can even help in your documentation process and assist you in setting up the type of bank account that best suits your needs or business goals. And remember offshore banking is not illegal if handled correctly and can even be very much beneficial to you. 

Beware to Select a Suitable Merchant Account Service Provider

As more and more online businesses are being set up each day people now have to deal with customers from all over the world. Each business no matter how small or large now needs to have a merchant account and credit card processing facilities to flourish online. Merchants who cannot get a merchant account often turn towards offshore merchant account providers as their last hope. These service providers offer all types of merchant processing services, be it high-risk  merchant accounts, ACH check processing, setting up offshore companies and other related services.

You might have been turned down by reputable merchant account providers because they may have considered your business or services as high risk. The first thing you should consider is that while one provider may consider your business high risk, another may not. A business usually falls under the category of high risk when it deals in online pharmacies, online gaming, adult websites, etc. However, there could be other reasons too i.e. you might be a startup company with poor credit history or a business that has less stellar credit card processing history.
Now while you choose your service provider you need to beware and careful. With so many merchant account providers offering their best pricing and services it can be difficult to choose a suitable one. Ensure you have a complete knowledge about offshore the merchant accounts and its specifications and along with it, you also have proper knowledge of the service provider.

Make sure –

• You get all required services: Your business is unique and so are your business needs. You need a provider that can provide you all the services specific to your business needs like for instance a highly secure payment gateway, high-risk credit card processing, and a service provider that specializes in risk management, a suitable offshore jurisdiction, etc.

• Claims of no frauds/charge-backs: Reputable merchant account providers acknowledge the risk of frauds/charge-backs. Offshore merchant accounts experience a higher number of average charge-backs which generate chargeback fees that need to be paid by the merchant itself. So, make sure you know how to handle these types of situations.•Customer and support services: The merchant account service provider you choose should deliver you a high level of customer support and also be 100% confidentiality, allow high volume, API and VT integration and fair processing rates, etc.

Lastly, choosing a suitable merchant account service provider is very crucial for your business and will help your online business flourish. A right service provider along with satisfactory merchant processing services plays a valuable role in your business strategy.

Set up Offshore Investment Accounts to benefit when form Offshore Investing.

With the increasing number of professionals and merchants opting for transient lifestyle the desire to invest in offshore is becoming increasingly popular. Offshore investments provide several advantages for expatriates working and living abroad and hence is becoming most common viable investment solution. The offshore investment accounts are the best solutions to match their international mobility and are also being considered as the best solution to retirement planning.

The key driver of the ever-growing popularity of offshore investment account is the need for flexibility, privacy and access to global markets.

Investors may have their investment scattered all around the world. They many lose tracks of their investments and are often presented with logistics issues when trying to gain access or manage the investment after leaving that particular jurisdiction. However, offshore investment accounts can help in solving and simplifying these issues. In addition to this, offshore investments today are considered best from international wealth management.

Offshore investments offer variety of benefits such as:

·         High level of confidentiality and privacy of bank accounts and its details

·         They allow you to manage your investment from anywhere in the world

·         Offers higher returns

·         Offers asset protection. Since your offshore investment account is protected by privacy laws, it helps in protecting your assets from being seized

One can choose from a number of offshore investment providers, to set up an offshore bank account and use its various advantages. A number of service providers offer stable offshore trading accounts at with rates and terms. It is important to remember to have a complete understanding and knowledge of each service providers and offshore accounts provider to successfully utilize your capital investment. 

Protect Your Assets And Identity Through Setting Up an IBC

An International Business Company (IBC) is generally a legal entity set up in certain countries for assets protection, international trades and investments, and many other reasons. An IBC, formed outside of one's country of residence is for a person who wishes to hold assets or a bank account in the name of IBC. Basically, when you set up an IBC or an offshore company you set up an entity which has been granted a charter by the foreign government to conduct commercial enterprise.

There are a number of countries that have strict IBC laws and provide 100 percent confidentiality and privacy. In few countries or jurisdictions, the asset protection provision is extremely strong and many of them are island nations that have grown to be financially strong by offering a safe place to store one's money. Likewise, if you are willing to incorporate an IBC in an independent offshore jurisdiction then Panama and Belize jurisdictions can be the best choices for you. Becoming a popular offshore jurisdiction, Belize IBC provides the highest level of privacy, quick incorporation, and inexpensive annual fees. Similarly, the Panama corporation commonly known as Panama Offshore IBC is on top of the list of favorable offshore jurisdictions.

Why set up a Panama IBC: Panama jurisdiction offers some major advantages such as – no requirement of minimum paid up capital, any individual and the legal entity can become a shareholder, no foreign exchange control, complete privacy and confidentiality, and many other. You also have a freedom to name the IBC in any language but must include a legal ending such as Corporation, Inc, etc.

Why set up a Belize IBC: Among a number of new jurisdictions the Belize jurisdiction has appeared to be one of the best jurisdictions in the last decades. Belize is a good alternative to Panama jurisdiction as it provides all the benefits of Panama IBC at much lower costs. This has attracted more and more people who look for cheaper options while incorporating an offshore company.

Along with these, there are also a proper set of rules and guidelines related to other aspects such as office address and agents, directors and officers, shareholders, etc. which you can easily access and understand, which helps you in the proper functioning of your IBC.

Now, as you see there are a number of benefits to owning an IBC, you can easily set up it to protect your assets and identity while conducting your business internationally by choosing any jurisdiction according to your business needs or specifications. Every jurisdiction has its own laws and advantages and it is up to you- which jurisdiction you choose. 

Check 21 Processing Act is revolutionizing businesses

The Check 21 Processing Act was passed in 2003 as an alternative to the complex Automated Clearing House (ACH) restrictions. The Check Clearing for the 21st Century Act also known as Check 21 Processing is designed to foster innovations in payment systems and enhance its efficiency. The Check 21 Processing accounts have extensive benefits as it especially relates to Internet and MOTO merchant services. From delivering the ability to scan paper checks and send images as transactions to rendering the need to manually depositing paper checks, it can change the way you do business.The changes due to Check 21 Act have made lives of merchants much simpler and easier. Remote Deposit Capture has been the most beneficial system. Although it may look like a minor change but the ability to deposit checks electronically, the bypassing trip to the bank with all paper checks have reduced the chances of errors in deposit process to a great extent.

Some of the major benefits of Check 21 processing account are-

• Shortened chargeback periods
• More efficient cash flow management
• Extended window to deposit checks
• Freedom to cash paper checks electronically

The Check 21 Act can play a major role in quicker access to revenues and will make a positive impact on your cash flows. The extended check submission time will provide approx. 33% more time to get your cash processed. The limited chargeback window ensures the fund you receive stays in your account rather than returning to the customer in case of fraudulent claims. So, with money being deposited into your account faster and decreased chances of having it removed you can have more capital to grow your business.

Take proper guidance to set up your offshore company

Due to globalization, many companies are setting up offshore companies as the world is becoming increasing interconnected and dependent on global trade.
Before commencing with the formation of an offshore company it is important to do your homework and weigh the pros and cons of any given jurisdiction.

There are a number of global jurisdictions in many different regions such as Central America, the Caribbean, Europe, and Asia.Each offers their own unique benefits.
The whole process of setting up an offshore company can be done in around 4-7 days. It is recommended, however, to first understand the setting up process, requirements and costs.
The most important step in setting up an offshore company is choosing a knowledgeable and experienced advisor to help you with the formation of your offshore company. You should talk with your advisor about various issues and have them discuss options available to you to meet your expectations and needs.
Although there will be many business aspects to cover, the main question to discuss and analyze thoroughly is “Why you want to set up an offshore company?” You should discuss in much detail so that everyone is on the same page in terms of the end objective. Your advisor will also help you with other aspects such as e-check processing and merchant processing services.
Keeping everything simple is the best approach. This will help you to accomplish your business goals quickly and efficiently.

Trigger your sales at a higher rate with ach check processing

For a merchant who is conducting an online offshore business, it is essential to have a bank that can process ACH transactions. ACH processing facilitates allow your company to accept check payment transactions in real time. ACH check processing can help in increasing the sales by up to 20% and thus triggers growth of your sales at a faster rate.

Banks or financial institutions in various jurisdictions classify ACH merchant accounts mainly in two categories based on the risk profile. First is the normal account in which merchant directly accesses the card ensuring that he is a legitimate customer. The risk involved in it is very low or minimal. The other is high-risk ACH merchant account in which it is not possible to visually testify the customer. These accounts include adult entertainment merchants, replica merchants, online tobacco merchants, and simply any transaction in which the customer is physically not present. Thereby, these accounts are classified as “high risk” ACH accounts and it is highly recommended to consult a company that specializes in this. All banks have strict guidelines when it comes to high-risk merchant accounts and are even much harder in adult oriented merchants.

Lastly, ACH is a very popular payment method for online pharmacies and payday loans companies.

How to set up an offshore bank account in Belize?

Belize is most popular for two main reasons - the Great Blue Hole and offshore banking. Unlike Singapore and Switzerland, Belize isn't the most recognized offshore banking jurisdiction however Belize banks pay special focus on international investments, asset protection and complete confidentiality from creditors. So, if you wish to set up an offshore bank account for privacy Belize is the best place currently.

Setting up an offshore bank account in Belize is quite easy and simpler than other jurisdictions. You can easily request an applications forms from any of the Belize banks, you will receive information related by your mail. There are several types of accounts like saving accounts and demand deposit accounts for both type - personal and corporate.
To set up a personal account, you need to mail the scanned copies of all required documents and, later on, send all the original documents through courier.

•  Notarized color passport copy of your photo and signature
• Two reference letters of a bank you are associated with for more than 18 months including the date when account was opened, the type of business you do with the bank, average balance of your account
• Copy of a bill as a proof of the residential address

To set up an offshore corporate account, along with these documents you need to give certain details of the company too. Such as-

• Certificate of Incorporation
• If the company is formed for more than a year a certificate of good standing too is required List of shareholders and directors
• Copies of share certificates and resolution of appointing directors
• Memorandum and Articles of Association
• A Belize offshore bank account delivers several benefits which are making it most preferred and popular these days.

Top Benefits

• Money stays in US currency and is easily accessible
• Full access to online banking and customer support
• Full access to international debit and credit cards
• Easily apply for a loan and invest in business or property
• You can diversify your assets
• Conceive your wealth from regular folk with complete privacy 

Lastly, if you are willing to go offshore to set up an offshore company or an offshore corporate account, you can also take assistance from a number of offshore company account service providers to make the procedure of setting up an offshore bank account in Belize simpler and easier. They can even help in your documentation process and assist you in setting up the type of bank account that best suits your needs or business goals. And remember offshore banking is not illegal if handled correctly and can even be very much beneficial to you.