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Maintaining Offshore Merchant Account with Painless Processing

03-29-2012 09:24 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Painless Processing

Chicago, USA – January 14th, 2011: Looking for offshore merchant account and banking service? It may not be difficult to find a firm that offers such services at subsidized rates. However, the focus should be given on finding a firm that offers for reliable and secured services.
The advancement of credit cards within the mainstream culture has led to businesses enjoying potential growth and stake all over the world. For businesses with those additional amounts of risk factor, going for high risk merchant account is the best option to avail. Development in technology has led to the growth of online businesses by a massive way. Simply through the use of certain plastic cards, thousands of things are purchased through online portals. However, such procedures of credit transaction also give rise to potential fraudulent threats. The verification process is limited and does not ensure complete security. In most of the case, chargeback rates are extremely higher. This allows for ceasing of credit cards by bank and financial institutes. As a result, the entire business will suffer badly and credit card processing will dry out. However, with the concept of offshore processing, there is a proper solution in hand for high-risk business industries. The different online businesses that opt for offshore accounts include Travel, Gambling, Adult, Retail, Escort, Recurring Billing, Pharmacy, E-commerce, and Medical Marijuana. With Painless Processing, the high risk business firms can maintain offshore merchant account in a secured way.
About the company: Painless Processing is a registered ISO/MSP of the renowned BMO Bank and is a subsidiary of BR Merchant Service LLC. The company offers a wide range of banking and financial offshore services to high risk merchant firms. Apart from providing a wide range of merchant solutions, the company also offers for service in SEO and Web designing.

For businesses with high risks, painless processing brings a world of opportunities in the world of banking and account maintenance

Painless Processing (subsidiary of BR Merchant Service LLC),
BMO Harris Bank, N.A.
Chicago, IL, United States

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