Web hosting businesses are considered
high risk for a number of reasons. Web
hosting merchants provide a service that
does not have a physical product which makes
it very difficult to follow up in the case
that the customer says that they never
received the service. Online service
businesses also are the targets of fraud.
This is the other reason why web hosting
businesses are considered high risk and
require a high risk merchant processor. Web
hosting businesses provide a number of
services online in addition to web hosting.
These services include; domain registration,
web design and logo design. All of these
online services have no physical product and
usually most of them, unless there is a
large project does not require a signed
contract which adds to the risk.
Web hosting merchants will be able to
perform a number of services once they are
setup with a high risk merchant account.
Merchants will be able to process orders
mainly, usually phone orders by using the
virtual terminal. Customers are able to
easily integrate the payment gateway with
their website and shopping cart easily and
quickly. Offshore Merchants offers an easy
to integrate API for the web hosting
company’s webmaster. The web hosting
merchant will be able to setup merchants
with recurring billing for ongoing services
that are provided to the customers.
Offshore Merchants has been setting
up web hosting and online services companies
with merchant accounts and payment
processing solutions since 2007. These
merchants are able to process their orders
from their clients and receive payouts into
their business bank account. Most web
hosting merchants are able to be setup with
a high risk merchant account within 1-2
weeks while receiving setup of the account a
few days afterwards. Web hosting merchants
are able to put together their documentation
and send it to Offshore Merchants along with
their merchant account application.