POS termina + Ofshore account .

[alekgrau]

Hello . can someone help me with an info a POS terminal can be connected to an offshore account. and where I could find it. thank you .

 

[alekgrau]

You will need a merchant account

Can you give me a tip where I could apply, for that?

 

[alekgrau]

UAE,Georgia or Panama depending of your nationality and type of business

I understand. I'm from Europe. Find a type of business that matches. And at what costs can it be reached?

 

[Sols]

Do you mean physical POS terminals?

 

[alekgrau]

Do you mean physical POS terminals?

yes

 

[Sols]

What's your plan? Why do you want POS terminals connected to foreign/offshore merchant accounts?

The card schemes don't like when POS terminals leave the region they were issued for, or are connected to out-of-region merchant accounts. It happens every now and then, but tends to get shut down as soon as there's any meaningful volume running through the account.

 

[alekgrau]

What's your plan? Why do you want POS terminals connected to foreign/offshore merchant accounts?

The card schemes don't like when POS terminals leave the region they were issued for, or are connected to out-of-region merchant accounts. It happens every now and then, but tends to get shut down as soon as there's any meaningful volume running through the account.

I understand. Because if I count myself. I'm blocking my state money . You have any recommendation where I could create such an account. thx