Alaska Financial & Capital Corp. can provide an International Merchant Accounts for ecommerce merchants in international or emerging markets. Focusing on the specialized needs of international ecommerce merchants, AFCC provides tailored solutions for lower costs, faster settlements, and more efficient processing capabilities utilizing high quality payment gateways, the latest anti-fraud tools, and professional support and service.
Merchants located in emerging or international markets or ex-patriots living and doing business abroad often have difficulty obtaining high quality merchant services due to their local financial institutions being unable or unwilling to provide service. It is not uncommon for emerging or international markets to have a very small number of acquiring banks (one or two in an entire country). It is possible these acquirers may not even accept e-commerce or Card-Not-Present merchants at all, or they may have limited options for e-commerce merchants. An AFCC International Merchant Account provides credit card processing capabilities that may not be available with the local banks: easy to integrate API payment gateways, anti-fraud tools like AVS, CVV2, and 3-D Secure, multi-currency, and recurring billing.
Card Association rules require that in order for a merchant to enter into a merchant processing agreement with an acquiring bank, the merchant must have a legal presence in the same country or jurisdiction as the acquiring bank. Incorporating in the acquirer's country is one way of meeting this requirement. It is not always necessary to incorporate. For example, EU acquiring banks can work with merchants in many different European countries as well as some supported countries outside of Europe. In some cases, ex-patriots living and doing business abroad may be able to use their citizenship to provide legal standing. AFCC can quickly determine a merchant's legal standing requirements and provide incorporation services when necessary.
Let us help with you International Merchant Account.