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Offshorehighriskmerchants online payment system


Updated on October 21, 2009
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General Information

Our business objective is to assist merchants process transactions that are considered high risk such as Internet and Mail/ Phone Order by merchant banks. Most banks will not consider high risk merchants because of their strict underwriting guidelines. We process payments for Canadian, U.S. and International merchants that banks will not consider. We also provide a complete payment solution for retail merchants that reside in the United States and Canada.
 Our company manages all aspects of the underwriting and will assist you through the underwriting process to get you up and running. We provide your company with effective risk management systems to mitigate your losses (chargebacks) and exposure on the Internet.

  Our company is made up of senior executives with extensive experience in the payment industry. The executives have over 30 years of combined experience in the payments industry. Our team members are committed and dedicated in providing you the best customer service and going the extra mile in delivering value to your payment processing. We are available to you 24/7 to resolve any of your issues and concerns pertaining to your payment processing.




Countries of use

Canadian, U.S. Merchants,Wordwide




We have a number of offshore eCommerce merchant solutions.  The merchant discount rates and fees for Tangible and Intangible goods sold on the Internet vary. You may choose anyone of them based on your business model. Some banks require that you have credit card processing history and some banks will take a new business without any credit card processing history or incorporation. The solutions have virtual terminals and web based application program interface. We will also integrate for OS commerce.


Option One

West Indies Solution (Caribbean)

 Drugs must be legal - no control narcotics or banned drugs by FDA

  • Prescription must be approved by pharmacist and doctor
  • Merchant discount Rate is between 4.0% - 6.5%
  • Chargebacks  $35.00
  • Transaction fee .35 cents
  • Set up fee $300 - $500
  • 5 days in arrears and payout is twice a week
  • 5-10% Reserves - 6 month rolling reserves
  • Interface: Virtual Terminal,  API, Batch Upload, URL Link
  • Direct Merchant Account with Bank
  • Must incorporated in the Bank's jurisdiction
  • Incorporation cost is $2000.00 (takes 7-12 days)


Option Two


  • Leniency on drugs sold
  • Merchant discount Rate is between 5% - 7.9%
  • Set up immediately
  • Chargebacks  $50.00
  • Transaction fee  $.80 - $1.50
  • Interface: API, HTML, OS Commerce, Cutomize Interface
  • Set up fee $300- $600 (from processing)
  • Monthly fee $59.00
  • Payout is 3 times a month or weekly
  • 10% - 6 month rolling reserves
  • No incorporation required
  • No processing history required
  • Medical questionnaire required on order page for pharmacy merchants


Option Three


 European Solution

  • Settlement and presentment in Euro
  • Discount rate is 5% - 8%
  • Set up fee $550.00 USD
  • Gateway fee 10.00 Euro
  • 2 days set up
  • Only Visa and MasterCard
  • Transaction fee .50 Euro
  • Chargeback fee 50.00 Euro
  • Refund fee 3.00 Euro
  • Interface: Virtual  Terminal,  API
  • Wire fee 10.00-20.00 Euro
  • No Rolling reserves
  • Payout is twice a month
  • No incorporation required
  • No processing history required

Option Four

North American Solution

  • Setup  $499.00 USD
  • Discount rate under 50k is 7.5%, over 50k is 7.25% and over 100k is 7%
  • Monthly gateway $40.00
  • Statement fee  $45.00
  • 2 days to setup
  • Multi currency
  • Visa and MasterCard
  • Interface: Virtual  Terminal, API
  • Transaction fee .45 cents
  • Chargeback fee $50.00
  • Refund fee $10.00
  • Payout is weekly with two weeks in arrears
  • 10% rolling reserves
  • No incorporation required
  • No processing history required

Option Five

South American Solution

  • Setup fee $349.00
  • Discount rate 6% - 8.5%
    Setup immediately
  • Monthly fee $40.00
  • Chargeback fee $45.00
  • Transaction fee  $.65 - $1.50
  • Interface: Virtual Terminal, API
  • Volume must be over 25k
  • Last 3 months of processing history required
  • 10% 6 months Rolling Reserves
  • Payout is weekly with two weeks in arrears
  • No incorporation required


Option Six


Asian Solution

  • Set up fee:  $500 - $2000 depending on setup (incorporation included)
  • Discount 4.5% - 8%
  • Setup 2 days
  • Interface: Virtual Terminal, API, HTML, Batch Upload, SOAP
  • Monthly fee $100.00
  • Chargeback fee $35.00
  • Transaction fee: .30 cents pre auth, .30 cents settlement
  • 10% 6 months Rolling Reserves
  • Payout is daily with 7 days in arrears (holdback)


Integration approaches


Information for developers

Offshore High Risk Merchant offers services for merchants that are seeking merchant accounts in Canada, United States and offshore. In total, we have banking relationships with over 30 banks around the world. We specialize in high risk merchant accounts but we provide a complete solution for retail, Internet, mail order and high risk businesses with high risk ACH check processing. Our services include placing merchant's accounts with our Canadian, United States, offshore and International banks. If we can not approve you then no one in our industry can. Our services are as follows:

Canadian and United States High Risk Merchant Accounts 


  • Offshore High Risk Merchant Services works with a number of banks that specialize in high risk merchants  that do high volume transactions
  • Requirements to process domestic is less stringent that offshore processing, no offshore incorporation is required to process with domestic banks
  • Merchant discount rates are favorable
  • Multiple currencies available
  • Majority of the online ecommerce merchants can be placed with a domestic bank with favorable rates
  • Canadian merchants with high chargebacks and on CIRF accepted and U.S. merchants on MATCH accepted

Offshore Merchant Accounts for High Risk Merchants

  • Offshore High Risk Merchant Services  works with a number of offshore banks in Latin America, Caribbean and Europe        
  • Unlimited volume, low discount rates, quick approvals
  • All business types accepted
  • Merchants with high chargebacks accepted
  • CIRF and MATCH (TMF) list merchants accepted 

High Risk ACH Checking Accounts For International, U.S. and  Canadian Merchants

  • Process electronic checks, guaranteed checks, web checks, check collections (delinquent ACH checks), and checks-by-phone
  • ACH checks for outbound/inbound telemarketing, mail/phone orders, cataloque sales, re-occurring billing, travel, tobacco-cigar/cigarettes, MLMs, pharmaceuticals
  • International merchants can process U.S. ACH checks (U.S. bank accounts required for International merchants, we will arrange)
  • Canadian merchants can process ACH checks in U.S. currency
  • Unlimited ACH check volume
  • Underwriting requirements are less stringent than credit cards
  • Excellent ACH virtual terminal for single transactions, batch uploads and re-occurring billing for eCommerce merchants, API available as well 


3rd Party or Aggregation Accounts


Third party accounts are for merchants that have difficulties maintaining their own merchant accounts or have consistently high chargebacks.  These merchants share an account within a large merchant portfolio until they are mature enough or have enough credit card processing history to obtain their own merchant account number. Merchant discount rates are favorable within this portfolio because the account is protected from chargebacks and high credit card processing volume within the merchant portfolio. Third party merchant accounts are for the following types of merchants:

  • New business with no credit card processing history
  • Merchants with high chargebacks, refunds, and returns
  • Merchants that are considered high risk
  • Merchants that are consistently averaging more than 1% in chargebacks a month
  • TMF (Terminated Merchant File or MATCH) and CIRF Merchants
  • Merchants under the Visa/MasterCard chargeback reduction program
  • Merchants that are not incorporated within a jurisdiction

POS Retail Merchant Accounts For United States and Canadian Merchants 

  • Offshore High Risk Merchant Services works with a number of domestic banks to offer retail merchant accounts                                            
  • We offer a variety of terminals for our retail merchants including wireless terminals
  • Volumes are based on underwriting criteria
  • Integrated point of sale solutions for special merchants
  • Online reporting on merchant transactions and chargebacks activity
  • Low discount rates for retail merchants - our rates are very competitive


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