We have a number of offshore eCommerce merchant
solutions. The merchant discount rates and
fees for Tangible and Intangible goods
sold on the Internet vary. You may choose anyone of them based on your business
model. Some banks require that you have credit card processing history and some
banks will take a new business without any credit card processing history or
incorporation. The solutions have virtual terminals and web based application
program interface. We will also integrate for OS
commerce. Option One
West Indies Solution (Caribbean) Drugs must be legal - no control narcotics
or banned drugs by FDA
- Prescription must be approved by pharmacist and doctor
- Merchant discount Rate is between 4.0% - 6.5%
- Chargebacks $35.00
- Transaction fee .35 cents
- Set up fee $300 - $500
- 5 days in arrears and payout is twice a week
- 5-10% Reserves - 6 month rolling reserves
- Interface: Virtual Terminal, API, Batch Upload, URL Link
- Direct Merchant Account with Bank
- Must incorporated in the Bank's jurisdiction
- Incorporation cost is $2000.00 (takes 7-12 days)
- Leniency on drugs sold
- Merchant discount Rate is between 5% - 7.9%
- Set up immediately
- Chargebacks $50.00
- Transaction fee $.80 - $1.50
- Interface: API, HTML, OS Commerce, Cutomize Interface
- Set up fee $300- $600 (from processing)
- Monthly fee $59.00
- Payout is 3 times a month or weekly
- 10% - 6 month rolling reserves
- No incorporation required
- No processing history required
- Medical questionnaire required on order page for pharmacy merchants
- Settlement and presentment in Euro
- Discount rate is 5% - 8%
- Set up fee $550.00 USD
- Gateway fee 10.00 Euro
- 2 days set up
- Only Visa and MasterCard
- Transaction fee .50 Euro
- Chargeback fee 50.00 Euro
- Refund fee 3.00 Euro
- Interface: Virtual Terminal, API
- Wire fee 10.00-20.00 Euro
- No Rolling reserves
- Payout is twice a month
- No incorporation required
- No processing history required
Option Four
North American Solution
- Setup $499.00 USD
- Discount rate under 50k is 7.5%, over 50k is 7.25% and over 100k is 7%
- Monthly gateway $40.00
- Statement fee $45.00
- 2 days to setup
- Multi currency
- Visa and MasterCard
- Interface: Virtual Terminal, API
- Transaction fee .45 cents
- Chargeback fee $50.00
- Refund fee $10.00
- Payout is weekly with two weeks in arrears
- 10% rolling reserves
- No incorporation required
- No processing history required
- Setup fee $349.00
- Discount rate 6% - 8.5%Setup immediately
- Monthly fee $40.00
- Chargeback fee $45.00
- Transaction fee $.65 - $1.50
- Interface: Virtual Terminal, API
- Volume must be over 25k
- Last 3 months of processing history required
- 10% 6 months Rolling Reserves
- Payout is weekly with two weeks in arrears
- No incorporation required
- Set up fee: $500 - $2000 depending on setup (incorporation included)
- Discount 4.5% - 8%
- Setup 2 days
- Interface: Virtual Terminal, API, HTML, Batch Upload, SOAP
- Monthly fee $100.00
- Chargeback fee $35.00
- Transaction fee: .30 cents pre auth, .30 cents settlement
- 10% 6 months Rolling Reserves
- Payout is daily with 7 days in arrears (holdback)
|
