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What is an offshore payment gateway? - Printable Version
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What is an offshore payment gateway? - Printable Version

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What is an offshore payment gateway? - braincook01 - 10-12-2023

An offshore payment gateway is a payment processing solution based in a foreign country, allowing businesses to accept global payments. It provides access to international markets, offers privacy and confidentiality, potential cost savings, and diversification of payment processing options. It makes them suitable for specific businesses willing to navigate international regulations while benefiting from expanded market reach and financial privacy. Offshore payment gateway high-risk, support multiple currencies, and also help businesses adhere to the regulatory complexities of high-risk industries. Offshore gateways also mitigate the higher risk of fraud and chargebacks.