Eternity Law International — News — Opening a merchant account with high risk

Opening a merchant account with high risk

Published:
November 5, 2020

You will definitely need a merchant account if you run your business online. This type of account allows the buyer to pay for the goods purchased on the store’s website through a bankcard; it greatly simplifies the purchase process itself for both the client and the seller.

A merchant account is a solution with which you can accept payments for purchased products and process them. You can pay through terminals or online – through an e-mail box or the seller’s website.

You can connect a merchant account in a few days, if all the necessary documents are sent properly, and all relevant criteria are met.

Benefits of a merchant account

The main advantage in using systems for receiving money through a client’s card is the ability to make payments remotely online. This technology works in different countries, which allows you to trade internationally. Therefore, the main advantages of a merchant account are the following:

  • accepting payments without restrictions;
  • payment is made in different currencies;
  • observance of confidentiality and security measures;
  • the ability to enter the markets of foreign countries;
  • transactions are processed quickly enough;
  • simplicity of the payment procedure.

The number of companies that leave applications for connecting a high-risk merchant account is constantly growing. Below we will consider what activity is considered “high risk”.

Activities related to HIGH RISK

  • Forex business structures
  • Online trading in precious and semi-precious stones and metals, precious items
  • Investment companies
  • Multilevel Marketing
  • Crowdfunding
  • Dating service (dating sites)
  • Operations with cryptocurrencies
  • Brokers activities
  • Gambling resources (casinos, bets, lotto, etc.), etc.
  • Financial / investment services

Some business structures require a high-risk account without fail. These include the sale of electrical products, goods for adults, telemarketing services, loan servicing and much more.

Opening a high-risk account is a lengthy procedure that includes the provision of a large package of documents.

What do we offer?

  • Favorable tariff
  • Full customer support
  • No delays in the receipt of payments to the specified account
  • Stable operation of the gateway

Before opening an account, it is necessary to carefully analyze the business model and select the optimal jurisdiction for carrying out professional activities.

Price

The cost is influenced by the financial turnover of the business for the past periods, processing history and other factors. In any case, the most suitable option will be selected for everything.

You could be interested

Corporate services in Ireland

The pace of economic development in Ireland surprises everyone. That is why this country is considered attractive for business registration. Foreign investors who turn to Ireland Corporate Services are also aware of the good conditions regarding taxation in this country. Consulting companies are already ready to provide professional assistance in the registration of a legal...

Unique Philippines VASP offer

Cryptocompanies need to determine the right place of incorporation to directly start working on the market. Most co-founders of such legal entities choose island countries, as most often their leadership is welcoming to companies. Such regions do welcome foreign investment, and many people think in particular about setting up a crypto company on Philippines for...

Forex broker license in Mauritius

More than 20 years ago, the leaders of Mauritius created a favorable environment for corporations in the provision of financial-services. Since then, this small island state in the Indian Ocean has become one of the most considerable monetary centers on the planet. Today many legal-entities working in this area would like to get a Mauritius...

Opening a UK Bank Account

Using personally-directed or commercially-used accounts in foreign banking establishments gives possibilities to preserve and increase savings and to freely carry out settlements with foreign clients and suppliers. It gives access to globally-functioning financial establishments not available in some other market-spaces and helps to bypass currency restrictions based on residence. One of trustworthy and appealing jurisdictions...

Ready-made company in St. Vincent

Saint Vincent is a picturesque Caribbean nation, is not only known for its stunning beaches and lush landscapes but also for its favorable foreign  business environment. For entrepreneurs and investors looking to establish a presence in this tropical paradise, buying a ready-made company can be a strategic move. In this article, we will explore the...

Which countries have a CBDC?

In response to the global growth of online payment solutions, monetary authorities across the globe are working towards developing their own CBDCs – currencies in their digital forms issued by reserve banks. To put it shortly, CBDCs are digital versions of central bank-issued money that can be listed on the blockchain. Some countries, such as...

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Ready-made companies for sale

Companies with a bank account around the world

Banks for sale

Established Banks for sale

Ready-made licenses for sale

Forex, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Licensing

Forex licenses, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Offshore company registration

Expert advice on the acquisition of an offshore company

Open a bank account

Open bank accounts in more than 120 banks around the world
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof
+41 435 50 73 23

Kyiv

Baseina street, 7
+38 094 712 03 54

London

Grosvenor Gardens, 52
+44 203 868 34 37

Washington

1629 K St. Suite 300 N.W.
+1 (888) 647 05 40 Toll Free

Vilnius

Gediminas Avenue, 44A
+370 52 11 14 32

Tallinn

Kesklinna linnaosa, Tuukri 19
+372 880 41 85

Edinburgh

Lochrin Square, 1
+44 203 868 34 37

Nicosia

Jacovides Tower, 5 floor
+371 665 550 51

Riga

Esplanade, 7 floor
+371 665 550 51

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai
800938622 Toll Free

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard
+6531594300

Sydney

20 Martin Place
+61 2 888 00 365

Porto

2609 Avenida da Boavista
+351 800 500 206 Toll Free

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7
+995706070360