Every year, our opportunities to do business globally grow even more. 35% of consumers globally report having made purchases in online stores located outside of their own country, and this number is expected to keep increasing.

If your business doesn’t already serve foreign customers, then maybe you are reading this because you want to start tapping into that vast potential.

Read here to learn what an offshore merchant account can do to help your business achieve your goals, and how to get an offshore merchant account to get started on your global expansion.

A merchant account is a special bank account. It enables businesses to receive payments via several electronic payment methods. As an astrologer, an astrology merchant account will allow you to process online transactions with your clients. While you should be able to get a merchant account from any bank, most banks classify the astrology business as high risk.

A reliable service provider would partner with merchants to create and implement technologically advanced alcohol payment processing services. They usually have a banking network that eases up the payments to provide low-cost services in the alcohol industry that’s considered a risk by most financial experts.



In most states, there are several restrictions such as age limits, placed on alcohol sales. They also separate laws concerning the sale of alcohol using alternatives to cash-only transactions. As an alcohol merchant, you must learn each state’s requirements to prevent any kind of

Banks have always considered travel to be a high risk industry, and unfortunately 2020 proved them right.



But even though things are moving slow right now, there is no doubt that our travel habits are going to kick right back into gear once the international borders begin to open up again.



What’s not going to change is how the banks regard businesses involved in travel and hospitality. While factors like a pandemic or terrorism can be very disruptive, travel is also considered high risk because it’s a service that is sold long before its consumption.