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Do I need to go offshore to be able to find a payment processor

Moh1

Corporate Services
Jan 28, 2009
183
15
18
Hi,


Living in an country outsite US and Europe, I just need to know if I have to incorporate Offshore somewhere for instant in Cyrus to be able to get good credit card processing for my website ?


I considered it due to tax reasons, but some processors just declined me because of my home country.
 
No you don't, you can even have a merchant account in your local bank!


However going offshore with your business will give you a lot of benefits, as I realized, just went through the process and it looks to be great.
 
You don't have to. However, it does seem like your options in your home country are rather limited. If you are aiming for a global market, being able to offer multiple payment options is a must. And for that reason, an EU or US location might make sense.