We have no experience in Panama or with any of the listed processors above. But the answer to your question depends on whether you are selling tobacco online or in a storefront. Both can get approved in the US so you should not have to go offshore as long as there is no illegal activity. If you...
Do you do recurring billing for your business? As it is common for e book and data download businesses to do subscription based or recurring billing. Make sure your processor will accept Visa, mastercard amex and discover. When selecting a gateway I would recommend an authorize.net gateway or...
All of the processors you listed are 3rd party processors. If you’re looking to obtain a merchant account, there are several providers with low or no fees and great rates, however, this typically depends on the nature of your business and your history, if any. The best suggestion I can make is...
It is very rare to find rates at 3 to 4 for offshore processing in Cyprus. There are major shifts occurring within international processing and this will not make things any easier. Coincidently, we recently posted about international banks completely shutting down their merchant processing...
In order for us to give you any sort of advice or direction, we need you to clarify as to whether you are selling e-book downloads or hard copies and shipping to people. If you are selling e-books or digital downloads, what is the billing/shipping model you currently use? This will determine...
Over the past 10 days Painless Processing has received an influx of calls and inquiries stating that one or more large international processing banks are eliminating their credit card and processing operations and terminating merchants as a result. After compiling and surveying the details of...
There are several classifications for high risk businesses. It can be based on questionable products such as e-cigs, supplements, or enhancement products. High-Volumes of transactions or high dollar transactions. Risk Free, Free-Trail, Risk Free Trial, Negative Option and other continuity...
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