Health experts attribute the nutraceutical boom to a rising health and fitness awareness in the region. Merchant Services. Here are some of the key benefits of using a Shopify merchant account: Simplicity: Shopify Pay eliminates the need to set up and integrate a separate payment gateway, making it easy to start accepting payments. Our goal of offering low-cost merchant account services with the most advanced payment gateway software has fueled our success. Our CBD merchant services cover Cannabidiol, Hemp & CBD Oil considered high-risk merchants. A credit card data capture, simply known as capture, is a legal step that happens during card payment processing. 7650 South McClintock Dr #103-437 Tempe, AZ 85284Offshore merchant accounts for high risk merchants. In e-commerce, a shopping cart is a software application that allows customers to select and purchase products or services from an online store. PayDiverse works closely alongside nutraceutical merchant accounts to avoid detrimental and unwarranted chargebacks, fraud and account closures. We are living in an age when leading a healthy life no longer means eating healthy and getting enough exercise. Applying for a high-risk merchant account with PayDiverse is a simple 3-step process: Complete our secure, online application form. The payment processor manages the merchant account on behalf of the business, providing ongoing support and monthly reporting. Designed for low-value transactions, the ACH network can handle recurring or one-time payments. Nutraceutical Merchant Accounts. This is a huge disadvantage to nutraceutical merchants because these reports can be seen as an intentional merchant fraud. This method of accepting payments as a high-risk merchant can be done through a payment gateway. Apart from enterprises selling diamonds, gold, precious stones, cigarettes, weapons, counterfeit products, illegal drugs. A telemedicine merchant account gives you the ability to accept debit, credit, HSA cards, and ACH echecks for telehealth services. 24/7 support – You want a partner who can provide prompt support when your customers need it. Due to the overwhelming number of businesses who utilize merchant account processing services, it seems like it would be easy to find an account. But that doesn’t mean offshore merchant processing is right for every business. With access to scores of US and international banks, all payments are covered. This is a huge disadvantage to nutraceutical merchants because these reports can be seen as an intentional merchant fraud. 28 billion in 2019, according to Grand View Research. Due to frequent comparisons to nutraceutical companies, owners of cosmeceutical businesses need to be vigilant. Different types of fees make up the monthly bills; including set fees and sales-based costs. Given that it greatly reduces chargebacks, merchants benefit greatly in Visa Verified transactions by getting an extra authentication factor with every transaction that go through their site. To get approved for a nutraceutical merchant account in 24 hours Get Started Now or call 1-800-621-4893. You need to fill out the application to get a high risk merchant account. Whether businesses require a virtual terminal or only need a gateway, Allied Payments can help. mp3. nutraceutical industry steadily increasing from $34. The global outlook for nootropics is also impressive, with a 17. Credit Repair. S. G et an offshore merchant account is a legal way to receive payments by credit card in your business abroad. Resources; Have any Questions? Call us at (800) 621 - 4893;. What Merchants Say. Comprehensive Merchant Account Solutions for Nutraceutical Businesses. We welcome all merchants and our high risk merchant account services are easy to operate. Choose your Industry. ACH Network transactions are fully electronic and governed by rules by NACHA and the Federal Reserve. A high risk merchant account is a certain type of business bank account assigned to those merchants who present a degree of risk associated with their business. An acquiring bank is the one that grants the merchant account to businesses. We get nutraceutical merchants approved when other processors decline. Unfortunately, if you’re on the TMF or MATCH list, you may have difficulties getting a merchant account from other providers as processors. Herbal Products and Nutraceutical Merchant Account Nutraceutical products have become a much sought after industry as a one-time customers generally turns to a recurring customer. Search for: NUTRACEUTICAL. For more on European merchant accounts, how they work, what benefits they have over domestic merchant processing, or any other specific query you have, it is advisable that you give our staff a chance to interact with you. Whether at a gas station pump or in a retail store, card account information is acquired through swiping the black strip or dipping of the EMV chip card. The most common reason for a high-risk classification is chargebacks. We currently process payments for companies doing from $10,000/month to over $60 million/month. This. S. The same merchant account can be used for online payments or. Those selling subscriptions or nutraceuticals are especially vulnerable. But be sure the acquiring bank on the back end is different. This allows the acquirer to offer payment services to their clients. You need a dependable high risk merchant account provider for your nutraceutical merchant account. Attractive rates. Merchant Accounts. Weight Loss Programs. See Full List of Supported High Risk Industries Our online gambling merchant account fees are industry-competitive and affordable, and the application process is free. 5%, however, for high-risk eCheck accounts, this ratio can be a lot higher. Merchant service partners get 15% up to 50% of recurring revenue based on your successful referrals. Offshore merchant accounts, like any payment processing accounts, come with inherent risks. 28 billion in 2019, according to Grand View Research. Payment processing for online gaming merchants. The second part is the secure eCommerce payment gateway, through which online payments are submitted to the banking networks for approval. Yes. The bank-to-bank transfers direct payment platform was created specifically for high risk ecommerce businesses including travel merchants. An eCommerce merchant account has two parts. Sorry, we are unable to provide merchant services for foreign or offshore businesses, or any company that is headquartered outside of the USA. Benefits of Accepting Crypto for High-Risk Merchants. Get a secure Nutraceutical Merchant Account with QuadraPay. And the remainder of the supporting documents are examined. The Visa Secure is designed to look after the security of both customers and online merchants. It works as legal consent to accept credit card payments online. Here is an overview of the process to set up a merchant account for online gaming: Research and choose a payment processor : Look for a payment processor that specializes in online gaming and has experience in dealing with the industry’s specific. poor business credit,. Performance Card Service (PCS) is a leading provider of offshore merchant accounts for companies that have difficulty qualifying for domestic credit card processing. So, what does it really mean to be Visa. The types of businesses approved for merchant services can vary between the different merchant-acquiring banks. Best for online and international sellers: Durango Merchant Services. For a full list of references about offshore merchant accounts, please refer to this article here. Call: 03 8592 0511 Call: +44 20 3670 1774 Given there are a lot of rules in the credit card processing industry these days, it may become difficult for legitimate nutraceutical and pharmaceutical sales companies to secure a functioning merchant account. Specializing in eCommerce businesses, Allied Payments can provide a host of different payment options. Our proprietary echeck payment platform is operated 100% by the firm. Talk to one of our friendly and knowledgeable accounts managers today to get a credit card processing solution that will help propel your MLM business to the next level of growth. A merchant account is a business bank account that allows the movement of funds between issuing and acquiring banks to settle transactions made using credit and debit cards. Credit Repair. 65%, Visa will request an investigation into the cause and that an action plan be developed. Minimum monthly processing to qualify for an account is $50K. Along with the application, merchants will need to submit the following items to. Load balancing through our adult payment gateway simplifies management while providing you with the processing capacity you need. Our goal is to provide you with the lowest rates, fastest approvals, and best terms for payment processing. ACH as a payment method is growing in popularity among merchants in most businesses using check processing services. Offshore accounts are a completely legal method for managing money in a more profitable sense. We provide offshore merchant accounts for existing businesses that process at least $50,000 per month. Nutraceutical merchants that are doing well have a high volume of sales, which naturally creates more opportunities for chargebacks, fraud, and other problems to occur. When customers select a product they want to. Moonlight Payments Overview. If you work in one of the high-risk industries, such as the adult industry, you’ve probably stumbled upon a problem or two when researching adult payment processing companies. The fee is assessed for every transaction made with a credit or debit card. Merchants do not like that restaurant payment processing services charge fee, but these fees do provide benefits. We at EMB, or eMerchantBroker. The global outlook for nootropics is also impressive, with a 17. To be approved for a merchant account with Nutra Payments, the business owner must have a valid SSN and US issued identification (driver’s license, US passport, etc). Get Started Today! What is a Nutraceutical Merchant Account? Any business that accepts card-based payments must have a merchant account, which is a dedicated bank. 5% - 4. Navigating FTC Compliance and Avoiding Legal Pitfalls in the Supplement Industry. The bank assigns this number when a business applies for a merchant account with the processing service. Our partner program rewards you with both short and long term capital that you can invest back into your business. Complete Merchant Services for Psychics, Fortune Tellers and Horoscope Readers. Victoria, BC V8W 0B7 . Or Call: 800-993-6300. CBD Merchant Accounts. A merchant account is a type of bank account that enables you to accept online payments. Merchant accounts Instabill can offer include: • Adult Merchant Account • Collection Agency Merchant Account • Credit Repair Merchant Account • Dating Merchant Account • E-Cigarette. It also encompasses intangible goods such as subscription accounts that. 20+ Proven Bank Relationships; Medium/High Risk Accounts; Fast Nutraceutical Account Approval; Large Merchant Case Studies;. Secure Form PCI Compliance International Merchant Account Offshore Company Registrations Web Services Provided by our Tech Team 3D Secure. Application for nutraceutical merchant accounts is always free, with no obligation. There are a number of merchant account providers and payment processors. It is projected to leap 20 percent by 2019, and reach $6. Online and mobile transactions, using either an ewallet or stored bank cards, are the newest. A merchant account is a specific type of bank account that allows merchants to accept payments. Offshore Merchant Account. A No Chargeback Merchant Account, also known as a "high-risk" merchant account, is a specialized payment processing solution designed to cater to businesses that face a higher risk of chargebacks. Different types of fees make up the monthly bills; including set fees and sales-based costs. Different payment processors will accept different types of merchants, so. The Allied payment gateway has an industry-leading 99. The fee is assessed for every transaction made with a credit or debit card. audience that continues to be extremely health conscious is the baby boomers. Access to new, emerging markets: With an offshore merchant account, an e-commerce merchant, for example, in the U. 95%; Settle your profit in any of the 25 available currencies; Secure data transfers with PCI Compliance; Reduce declined payments with Fraud Scrub technology; Track your transactions with a robust. These programs are very effective at assisting high risk merchant account holders to manage and prevent charge backs before they happen. Corepay: Best For Mail Order/Telephone Order Businesses. It enables the business to accept payments via their website as well as other payment systems. Encouraging buyers to pay with crypto to helps reduce chargebacks and keeps card merchant accounts in good standing. PayDiverse offers CBD payment processing at the lowest industry rates & has multiple banks that accept CBD merchant accounts. All merchants are set up directly with their acquiring bank, eliminating middlemen and excess fees. You need a dependable high risk merchant account provider for your nutraceutical merchant account. This requires a yearly fee paid into the payment card networks to cover fees incurred through Visa/MasterCard and Discover. While there may be a setup fee, we encourage merchants to negotiate. e. merchant solution. Tech Support. Depending on the type of travel business, merchants can use a number of different types of equipment for payment. Here are some tips on how nutraceutical merchants acquire the payment processing needed to power business growth. net offers credit card payment services for more than 430,000 merchants, including merchants that could be categorized as high-risk. Electronics. As a result, it may make banks hesitant to approve merchant. Tip: The above factors would require nutraceutical companies to have a higher minimum security deposit for their merchant accounts. eMerchantBroker has also received 12 informal reviews from merchants, with 10 of them positive in tone and 2 which are negative in tone. Some storefront and MOTO businesses use payment. 770-690-8369. Domestic & International Nutraceutical Merchant Accounts. It’s undeniable that the nutraceutical market goes on growing at a rapid pace. Founded in 2012, Easy Pay Direct competes with some of the older merchant account providers available. services are concerned. The MasterCard 3D Secure code is only for one-time use and is only available to the. Nutraceutical Merchant Account Experts. High Risk Merchant Account Specialists - From small businesses to Fortune 500 enterprises, organizations nationwide have trusted us to handle their high risk merchant accounts. What I can do for you—SiftPay! If you need a merchant account service provider for your Las Vegas business, look no further than SiftPay! We are an experienced, fast-growing merchant service provider right here in Las Vegas, delivering comprehensive credit and debit card processing solutions across all online payment forms, card brands, and merchant segments with a. Since popular payment systems such as PayPal don’t work with merchants labeled as “ high-risk merchants,” you might find it very hard to pick a company that caters to high. Menu and widgets When Instabill representatives are approached about a nutraceutical merchant account, we don’t mince words. 06 billion ). This type of business is generally classified as high risk, making finding a reliable payment processor difficult. Accept payments from US and international customers quickly and easily with nutraceutical merchant accounts. Electronics. nutraceutical industry steadily increasing from $34. Multiple Payment Methods. High-risk tolerance: A regular ACH account requires merchants to keep the return ratio below 0. Merchant accounts allow businesses to connect their retail credit card terminal, online e commerce store or both. S. 06 billion (2018) to $49. Posted by The Roar of Freedom. Choose from a variety of competitive revenue sharing programs for the right compensation model focussed on high risk accounts. And increase sales. High Transaction Volume. With an extensive history of partnering with these online businesses, Allied Payments is able to place most merchant accounts regardless of the products, services, or industry. Holdback, chargeback fee and processing rates negotiable & waivable depending on industry and perceived risk level. A provider of high risk merchant services since 2001, Instabill is offering additional payment processing options for nutraceutical merchant accounts. Given that it greatly reduces chargebacks, merchants benefit greatly in Visa Verified transactions by getting an extra authentication factor with every transaction that go through their site. 28 billion in 2019, according to Grand View Research. High-risk merchant category refers to the industries or types of businesses considered to have a higher level of risk by financial institutions, payment processors, and acquiring banks. The eMerchant Authority team will handle the onboarding process for the referred merchants—no need to follow up on your end. In addition, Vector Payments can provide additional guidance to help companies to meet their requirements. The reason is that more and more people are looking into natural cures for their ailments. ACH Payment Processing is a service of the Automated Clearing House (ACH) network. Apply Now. As our staff at FintechMerchantAccounts conducted our research on the nutraceutical industry (” Nutra”) we found that it is estimated to grow to a staggering $671 billion by 2024 worldwide. Skip to content BestPaymentProviders. A high risk merchant account is a contract between a merchant and a bank. Weight Loss Programs. Free setup and zero upfront fees. Allied Payments specializes in providing the most reliable high-risk merchant account services to businesses in need of specialized solutions. It depends on the type of business the merchant operates. MNBS Payment Solutions 888-505-6956 · March 22, 2015 · · · March 22, 2015 · ·The bank-to-bank transfers no chargeback payment platform was designed specifically for ecommerce businesses, particularly those classified as high risk merchants. High-risk payment processing refers to the handling of transactions that are considered to have a higher level of risk, such as products in the nutraceutical industry. Understand more about being in high risk verticals by researching payment review websites with key information. Whether at a gas station pump or in a retail store, card account information is acquired through swiping the black strip or dipping of the EMV chip card. Choose from a variety of competitive revenue sharing programs for the right compensation model focussed on high risk accounts. Nutraceutical merchants often have customers from around the world. Credit Repair. Services. Offshore Nutraceutical Merchant Accounts (with payment processing history): Instabill requires 3-6 months of payment processing statements displaying your company name. S. The best nutraceuticals merchant account. ePay global is a professionally payment gateway provider in Costa rica, Which offers multiple payment options to enables merchants to accept payments online. Our solutions are unable to be obtained anywhere else! Forget paying 11-12% when doing large volume. Establish more than one merchant. The most recent negative review mentions held funds: Signed up for a processor sent all needed information, Just for funds to be held and canceled 90-180 days. With an offshore merchant account, it’s easier to process credit card payments under major companies like Mastercard and Visa. Allied. A continuity subscription merchant follows a billing model that collects monthly payments for goods or services they provide. The addition of secure bank transfers to your checkout page boosts profits with no risk of chargebacks. The MATCH list, also called the Terminated Merchant File (TMF), is a database containing a list of merchants whose payment processing accounts have been revoked by other payment processors and acquirers. Diversify your nutraceutical merchant accounts to mitigate risk. This implies the. Find the healthiest merchant account option today for your nutraceutical business. In addition, our credit card processing services do not restrict. Apply today. Ideal for nutraceutical companies that need an offshore merchant account. High-risk industries such. Global nutraceuticals market size is expected to reach $302,306 million by 2022 making it one of the fastest growing industries. netTo learn more about how to get a merchant account or to open multiple merchant accounts, speak with a live representative at 1-800-318-2713 today. Give us a call now to began accepting credit cards. We also partner with 3 rd party vendors to provide affordable merchant accounts and credit card processing services to high risk business around the word. comGet Started Today. High volume merchant accounts are our specialty. You can call us on our toll free number 702-456-1116 or write to us at info@y8n. To keep diseases, like high blood pressure, at bay and to maintain optimal wellness levels, consumer demands for supplements and nutraceuticals continues to rise. Higher capacity processing. Nutraceutical merchant accounts are the ideal solution for online nutrient, dietary supplement, and herbal product manufacturers and retailers looking to grow their business and put the pains of finding high volume processing capacity behind them. Supported industries: Adult services, CBD, online dating, vape sales. In e-commerce, a shopping cart is a software application that allows customers to select and purchase products or services from an online store. Nutraceuticals and supplements aren’t exactly “conventional”. Start with the Virtual Terminal and add a new integration method at any time. Other products and services considered high risk. Working with most industries from adult to nutraceuticals, Allied Payments. Protect your nutraceutical business from exorbitant bank holds and reserves. PaynetSecure specializes in high volume & high risk merchant services. It is often a bank or other financial institution that is a licensed member of a card issuer such as Visa or MasterCard. 98% approval rates for high risk credit card processing. Adding secure bank transfers on your checkout page as an alternative payment method boosts profits by eliminating the risk of chargebacks. Domestic and international solutions with no contracts, low rates and next day funding. Agreement with the nutraceutical supplier (if you are not a manufacturer); Valid ID copies for all company directors and owners. Here are some tips on how nutraceutical merchants acquire the payment processing needed to power business growth. Selling nutraceutical products can be a slippery slope, which is why we’re straightforward with banking guidelines and protocol. Recently we blogged about a study we read which claimed 1/3 of U. Allied Payments offers many payment solutions that will help merchants grow their businesses and make smart business decisions. E-check is one of the fastest growing payment methods today among both merchants and customers. It can be challenging to navigate the payment processing restrictions that apply to nutraceuticals. The adult sector is a lucrative billion-dollar industry that continues to evolve. Call us on (+44) 20 32862655 to get approvals, pre-approvals & expert advice. We offer our vast array of skills and knowledge to help ensure that nutraceutical merchants and their. Adding secure bank transfers as a payment method on your checkout page boosts profits with no risk of chargebacks. ACCEPT PAYMENTS ONLINE. Our partner program rewards you with both short and long term capital that you can invest back into your business. Sorry, we are unable to provide merchant services for foreign or offshore businesses, or any company that is headquartered outside of the USA. Load balancing multiple merchant accounts on a single gateway is an easy way to protect your business. Check out our nutraceutical merchant accounts today and. Offshore High Risk Merchant Account Providers. Possible tax breaks: Many high-risk businesses opt for offshore merchant accounts because of less tax restrictions in other countries. Proven, reliable payment processing services for CBD and hemp oil businesses. The recurring payment processing model is a common billing method businesses use by merchants in various industries. As a growing industry, the demand for nutraceuticals and dietary supplements see no end in sight. The only person that really knows that you are doing anything is the computer. High-risk merchants may need an offshore merchant account for several reasons. 1. When asked how to accept credit card payments when being located outside of the US, many would tell you to use a PayPal account. Nutraceutical merchants sometimes find that establishing a Nutraceutical Merchant account can be difficult. We approve the accounts, manage risk, clear payments, and pay the forex merchants. The coverage extends to adult toy stores, bookstores, strip clubs, adult content websites, and dating sites. In the U. An offshore or international processing account is one that’s held by a bank that’s outside of the U. Transaction results can be returned to your website for post-processing. Voted the #1 High Risk Merchant Services Provider in 2015, and 2016. Add alternative payment methods that drive more orders and accelerate sales. Ideal for nutraceutical companies that need an offshore merchant account. PAYFASTO NUTRACEUTICALS PROCESSING DETAILS. It takes place after a payment authorization officially transfers a customer’s fund into the merchant account. Unless you are a 100% cash business, you need one of these accounts. Performance Card Service (PCS) specializes in high risk merchant accounts and other payment processing solutions. nutra merchant account (5) Nutraceutical Merchant Account (5) offshore merchant accounts (11) Online Dating Merchant Account (1) Online Gaming Merchant Account (3) Online Gaming Merchant Accounts (4) p2p network payment processing (1) payment gateway (22) Payment Gateway Chargebacks (4) payment processing (60). Multiple Payment Methods. Merchant Uses of Payment Processing Services. Low Rates & Fast Approvals. Tech Support Merchant Accounts. TranZlytics offers high risk merchants a Gateway and HUB built from the ground up for high-risk and CNP merchants. $20/month. Decrease expense. AMSLV is the go-to place for speedy merchant account approvals for your nutraceutical business. With multiple merchant accounts, e-commerce businesses can lower risk. MOTO: A once-popular method to pay was through a Mail Order or Telephone Order environment. An ACH fee is a charge that appears on a merchant account statement for the processing of credit and debit card transactions through the Automated Clearing House. Payment Gateway for Adult Merchants. It allows merchants to accept and process payments in foreign currencies, typically through online transactions. A subsidiary of Visa, Authorize. Accept Credit Card Payments – as with most online transactions, the credit card payment option is expected in your online pharmacy. , banks often refuse to work with merchants that carry a higher risk, and those who are able to obtain accounts are sometimes subject to low processing limits, which can be detrimental to their business’s sales. These risks include potential chargebacks, fraudulent transactions, and regulatory compliance issues. For Visa/Mastercard, the three-digit CVV number is printed on the. Our offshore. Nutraceutical. The final key difference is that high-risk merchant accounts typically require a longer application process than offshore merchant accounts. It is an anti-fraud security feature to help verify that you are in possession of your credit card. The agent gets commission for the time the merchant processed transactions, and the merchant is left trying to get their funds released and find a new home for their new joins and legacy rebills. A No Chargeback Merchant Account, also known as a "high-risk" merchant account, is a specialized payment processing solution designed to cater to businesses that face a higher risk of chargebacks. Fastest application process: Soar Payments. All Dating Merchant Accounts are unique but included terms stay the same for most: merchant discount rate (MDR), transaction fees, monthly gateway fee, 0. S. Nutraceutical merchant accounts are a great way for nutraceutical firms to seamlessly accept payments. If you are looking for payment gateway and merchant account, then you have come to the right place. Accept payments any way customers want to pay you. Navigating FTC Compliance and Avoiding Legal Pitfalls in the Supplement Industry. With high risk merchant accounts, the bank may use risk management strategies like a rolling reserve, to protect the bank and the merchant from potential losses. In the fast paced world powered by technology, new health complications are surfacing everyday and leading to lifestyle. Offshore merchant account functions are similar to a regular merchant account, except it is opened with a foreign bank outside your native country. For more than 20 years, we have helped brick-and-mortar and online psychics, fortune tellers and horoscope readers implement payment. Merchants operating these businesses commonly struggle. All types of online gaming merchants qualify for accounts including mobile gaming; social gaming, multiplayer video games; fantasy sports; online poker; racetracks, pari-mutuel wagering; and casinos. It allows merchants to accept and process payments in foreign currencies, typically through online transactions. It provides credit card processing services for businesses of all sizes. Collection Agencies. The high risk merchant account also has built in fraud checks, and almost instantly identifies if a customer account has been identified as attempting fraud on other sites. The company’s products include ACH processing, an online payment gateway, merchant cash advance, and a chargeback management system to help merchants dispute and resolve chargeback claims. What I can do for you—Nutraceutical Merchant Account. Offshore bank accounts offer benefits such as lower taxes, increased privacy, and expanded global reach. But, understandably, they make acquiring banks uneasy. We offer award-winning fraud and chargeback protection and have strong relationships with over 40 banks who work with high-risk merchants both in the United States and offshore. Also known as a tobacco shops, many financial services companies have distanced themselves from the industry. We at SeamlessChex understand the challenges faced by online supplement businesses, for we excel in managing fraudulent charges and high chargeback rates. Merchant Account for Herbals and Nutraceuticals Provides you with: *FREE Merchant Account to process your herbal business transactions. The most common merchant services companies are Square, Stripe, and Braintree. It is a virtual representation of a physical shopping cart, where customers can add products they want to buy and keep track of their order before checkout. And you can begin processing payments immediately. Here are the top 5 high risk merchants that are mostly likely to process high risk payments. 02 billion (2023). A Fresh Way to Get an Aromatherapy Merchant Account Breathing in essential oils can improve mental, physical, and spiritual. The domestic merchant account services company pairs your business with one of the providers that is the most suitable for your business. With regulations on payment processing getting more strict, you will need a solution you can rely on. Adult Industry. We partner with 24 acquiring banks domestically and offshore, including UK and Europe, to settle your. Health Supplements Market Manufacturers of health products can end up with legal troubles if they deal with claims. The merchant account is a financial product that allows businesses to be tied into the Visa, MasterCard, Discover, and American Express networks. A subsidiary of Visa, Authorize. The final key difference is that high-risk merchant accounts typically require a longer application process than offshore merchant accounts. Usually, e-commerce businesses placed in non-resident nations are the ones that go for an Offshore Merchant Account (OMA). Many high-risk payment processors require a merchant account reserve.