Offshore Payment Gateway is the Requirement of Every Offshore Merchant

An offshore payment gateway enables merchants to receive online payments in numerous currencies and credit/debit card modes. This gateway has various qualities to support merchants in the most comfortable way. But sometimes newbies questioned why there’s the requirement for an offshore payment gateway? So, in this blog, we will discuss the primary aspects of an offshore payment gateway.

Role of Payment Service providers

Payment Service Providers are the merchant services providers that function in the high-risk industry. The high-risk industry includes certain high-risk business types and offshore business is not a peculiarity. It is a fact that this sort of business is also part of the high-risk industry. These businesses are always enclosed by the problems such as chargeback, online fraud, and security issues. But the rescuer isn’t scared of such cases because these are just some insignificant concerns for such businesses.

Payment service provider caters to several merchant services, and through them, they support merchants in lowering the impact of risk factors. Two main advantages are a payment gateway and a merchant account. Banks deny delivering merchants services to merchants for these risk aspects. But the Payment service provider completely helps merchants by ignoring what’s the cost. They have their tricks to encounter such problems, and never renounce look such cases.

But here’s also a concern. You require to get a dedicated PSP to work with and get merchant services. Offshore businesses have many beneficial realities as well as difficult issues too. So, the lower you’d regale them as a joke you’ll be more suitable. One of the most professional and dedicated PSPs in the global industry is WebPays. And that’s why’s, you should get the solution after researching them.

Offshore Payment Gateway

Let us discuss some main advantages of getting an offshore payment gateway

1.     Multi-Currency Acceptance

As you provide your product/services in various countries, to process different currencies you require an offshore payment solution. For that, this payment gateway has the quality of multi-currency support. With this feature, you can take payments in various currencies. What will occur after that? Most customers can purchase your products easily. Make online shopping flexible for the customers.

2.     Alternative Payment Methods

As we know that everyone likes convenience in their day-to-day life. So, for online customers, one of the conveniences for them will be the feature of paying for their products or services by other various payment methods.

For that, this payment gateway has the quality of alternative payment methods. This feature allows the customers to pay in various famous payment methods for their comfort. By delivering this feature your business’s website would be able to capture the attention of online traffic.

3.     Smart Routing

When one terminal couldn’t process the payment on time and this makes issues for both the merchants and customers. Customers will have to wait for some time and even after the funds debited from the account are neither displayed on your website, they will have to claim chargeback.

In this situation, merchants have to take the influence. To lower chargeback, this gateway has the quality of smart routing. It assists the merchants to process the payment from a separate terminal to process payment quickly. This way the chargeback won’t occur and the merchant does not have to worry.

Offshore Payment Gateway | Additional Perks

1.     Bank Cascading

Other than chargeback there are also some other matters associated with payments. Some of them are payment terminations, stuck, and loss. Because of all these, the transaction didn’t process on time, and this makes inconveniences customers. After that customer thinks 100 times before shopping on your business’s site.

What to do next? Do not worry. This payment gateway has the quality of bank cascading and with the consent of numerous acquiring banks. Do not worry about such kinds of issues.

2.    Real-Time Reporting

This system arrives with this payment gateway to remove any irregularities in the processing system and also some other things too. The primary thing this feature does is alert the merchants for every transaction via sending notifications.

Besides, it alerts the merchants of any irregularities that occur in the processing system. So, after that those merchants can accept quicker action on those problems to settle them fast. This preserves time and vitality for the merchants.

3.    Fraud Prevention Tools

Online frauds are never moving to prevent. But to lower their ratios you can consider this merchant service. This gateway has quality fraud prevention tools. They operate at the time of processing every transaction. If it discovers any transaction to be doubtful, it instantly pauses that transaction and protects customers. With these tools, a merchant never ought to worry about their customer's safety.

4.   3D Secure Payments

This payment gateway has the quality of 3D secure payments that enables the customers to conduct the transaction after entering an OTP. This OTP is developed by this system to deliver an additional layer of protection to the customers.

Offshore Payment Gateway | Credit Card Processing

Everyone is a spectator that the global society mostly prefers to pay all their bills via credit cards. This method of payment is valued by every customer because it arrives with various advantageous offers.

However, to process the card transaction securely and quickly you’d require the assistance of a flawless solution. This gateway has the consent of a high-risk payment processor which is sufficiently powerful to process high-value payments quickly.

WebPays

WebPays is delivering merchant services in the payment industry for a couple of years. We have the level 1 certification of PCI DSS as we preserve the customer's and clients’ credit card details safe from online dangers.

Also, our merchant approval team is impartial at talking and solving the insignificant issue of merchants. If anything occurs to the merchants’ payment processing system, they can ask for assistance immediately. Also, if any dispute occurs between merchants and customers, our customer service team assists in the most conventional way.

Moreover, thanks to various merchants who had come into an agreement with us. While supporting them we’ve discovered many tricks to determine regular matters in time. Now, for a more suitable change make your own options and come in touch with us. Drop us a mail and get your perfect merchant services now!