Top 10 Offshore Merchant Accounts

The world of e-commerce has broken geographical barriers, allowing businesses to target global markets. For many, the use of offshore merchant accounts has become essential, especially for those operating in industries deemed “high risk,” such as online gambling, forex, and adult entertainment. Offshore merchant accounts offer more flexibility and are less restrictive than onshore accounts, making them a viable choice for businesses wanting to expand internationally or those struggling to secure traditional merchant services.

In this comprehensive guide, we’ll explore the Top 10 Offshore Merchant Accounts, highlighting their services, benefits, and features to help you make the right choice for your global payment processing needs. The focus will be on key players like PayCly and WebPays, along with other top providers.

Best Offshore Merchant Account Providers for High-Risk Businesses (2025)

1. PayCly

PayCly is a leading provider of offshore merchant accounts, particularly well-regarded for businesses operating in high-risk sectors. Their focus on offering tailored solutions for international businesses makes them a top choice for companies seeking flexible and secure payment options.

Key Features:

• Multi-currency support: PayCly allows businesses to accept payments in over 100 currencies, making it a strong choice for global transactions.
• High-risk expertise: PayCly specializes in industries like forex, gaming, CBD, and adult entertainment.
• Advanced fraud protection: Their built-in fraud prevention tools reduce the risk of chargebacks and fraudulent activities.

Why Choose PayCly? With a streamlined onboarding process and custom payment solutions for high-risk businesses, PayCly ensures you can operate smoothly across borders, minimizing the complexities of international payments.

2. WebPays

WebPays has become synonymous with offshore payment processing, excelling in providing tailored merchant services for e-commerce businesses across various high-risk industries. Their services are particularly well-suited for startups and expanding businesses looking to grow internationally.

Key Features:

• Global payment gateway integration: WebPays provides seamless integration with most e-commerce platforms, allowing merchants to process payments worldwide.
• Support for high-risk sectors: They work with industries such as online gaming, casinos, forex, and even nutraceuticals.
• High-level security: WebPays incorporates PCI DSS-compliant gateways, offering top-notch security for international transactions.

Why Choose WebPays? Their experience and expertise in handling high-risk transactions, along with personalized services for offshore merchants, make them a reliable choice for businesses seeking to scale globally.

3. Allied Wallet

Allied Wallet is a well-known player in the offshore merchant services space, offering merchants reliable payment solutions with international reach. With a strong reputation for low fees and multi-currency support, they’re an excellent choice for businesses targeting global audiences.

Key Features:

• Fast approval process: Merchants can expect a quick and easy setup with Allied Wallet’s simplified application process.
• Multi-currency and multi-lingual support: Accept payments in over 164 currencies and offer localized language options.
• High-risk business support: Industries such as gambling, adult services, and e-cigarettes are well-covered.

Why Choose Allied Wallet? With affordable pricing, ease of use, and a solid reputation, Allied Wallet provides reliable offshore merchant account services to help your business grow without financial bottlenecks.

4. GSPay

GSPay specializes in providing offshore merchant accounts for businesses that face difficulties with domestic banks. Their focus is on helping high-risk industries like adult services, dating websites, and online pharmaceuticals to accept payments internationally.

Key Features:

• Chargeback protection: GSPay has robust tools to manage and reduce chargebacks.
• 24/7 customer support: Their customer service team is available around the clock to assist merchants.
• Multiple currencies supported: GSPay facilitates payments in a wide range of international currencies.

Why Choose GSPay? For businesses that need reliable and affordable offshore payment processing with expert support in high-risk sectors, GSPay stands out as a valuable partner.

5. Shark Processing

Shark Processing focuses on businesses operating in highly regulated sectors. With an extensive network of offshore banks and tailored payment solutions, they help companies in industries like iGaming, cryptocurrency exchanges, and online betting.

Key Features:

• Flexible contract terms: Shark Processing offers adaptable contract structures that can meet the unique needs of each business.
• High-risk payment solutions: They specialize in high-risk offshore merchant accounts, ensuring you can accept global payments even in the most challenging industries.
• Global network: Their banking relationships across various jurisdictions help reduce account restrictions.

Why Choose Shark Processing? If your business faces constant rejections from traditional banks, Shark Processing provides an offshore alternative with significant benefits for global scaling.

6. Instabill

Instabill has been a key player in the offshore merchant services industry for years. Their experience and attention to client needs make them a leading provider for high-risk merchants requiring international payment solutions.

Key Features:

• Tailored payment gateways: Instabill offers customized payment solutions that suit your specific industry.
• Fraud prevention: With a focus on secure payment processing, Instabill has advanced fraud protection mechanisms.
• Wide range of supported industries: From travel agencies to online gambling, Instabill’s diverse portfolio makes them suitable for many high-risk sectors.

Why Choose Instabill? For businesses seeking flexible, secure, and reliable offshore payment processing, Instabill offers a tailored experience with a commitment to customer satisfaction.

7. Merchant One

Merchant One is another excellent provider of offshore merchant accounts, particularly known for their personalized services and advanced fraud prevention technology. Their ability to work with high-risk industries makes them a trusted option for global businesses.

Key Features:

• Global reach: Merchant One supports payments from multiple countries and currencies.
• Custom pricing plans: They offer flexible pricing solutions based on transaction volume.
• Fraud protection suite: Includes advanced tools for detecting and mitigating fraud.

Why Choose Merchant One? Merchant One’s focus on providing tailored services to high-risk merchants and their proactive fraud prevention systems make them a strong contender in the offshore merchant account market.

8. eMerchantBroker

eMerchantBroker (EMB) is widely known for its expertise in offering offshore merchant accounts to high-risk businesses. Whether it’s gaming, CBD, or forex, EMB has an extensive network of banking partners that allows them to provide reliable services even in the most challenging environments.

Key Features:

• Chargeback management: EMB offers advanced chargeback protection and management systems.
• Quick approvals: Merchants can benefit from fast approval times, allowing them to start processing payments sooner.
• Multi-currency payments: Support for over 120 currencies worldwide.

Why Choose eMerchantBroker? If chargebacks are a concern for your business, EMB’s robust systems and fraud protection measures make them a top choice for offshore payment processing.

9. GlobalPay

GlobalPay offers specialized offshore payment solutions that cater to high-risk industries such as adult entertainment, online casinos, and nutraceuticals. Their ability to handle multi-currency payments and provide secure processing makes them a trusted option for global transactions.

Key Features:

• Multi-currency payment support: GlobalPay allows businesses to process payments in multiple currencies with ease.
• 24/7 support: Dedicated customer service is available around the clock to help with any payment issues.
• Secure payment gateways: PCI DSS compliance ensures your transactions are safe and secure.

Why Choose GlobalPay? GlobalPay’s commitment to security and their comprehensive range of payment solutions make them an ideal option for offshore merchant accounts.

10. Durango Merchant Services

Durango Merchant Services is a top offshore merchant account provider for businesses that have trouble finding reliable payment processing. They work with a wide range of high-risk industries and have a strong reputation for offering flexible, secure, and affordable services.

Key Features:

• High-risk expertise: Durango excels in providing merchant accounts for industries that struggle with traditional banking solutions.
• Secure payments: Their systems offer the highest levels of encryption and fraud protection.
• Global reach: Businesses can process payments from all over the world with support for multiple currencies.

Why Choose Durango Merchant Services? With years of experience and a focus on high-risk industries, Durango provides reliable and secure offshore merchant accounts that allow your business to scale globally.

Quick Comparison Table

Benefits of Offshore Merchant Accounts

• Global Payment Acceptance

• Custom Risk Management Tools

• Multi-Currency & Crypto Support

• Advanced Fraud Protection

• Easy International Expansion

Choosing the Right Provider

Choosing the right offshore merchant account provider is a strategic decision that directly impacts your business’s ability to scale globally—especially in high-risk industries. A reliable provider will offer robust features tailored to your specific needs. Here’s what to look for:

• Industry expertise – Ensure the provider has experience working with businesses in your niche (e.g., forex, adult, gaming, nutraceuticals).

• Multi-currency support – Look for providers that allow you to accept payments in USD, EUR, GBP, and other major currencies to expand your customer base.

• Advanced fraud protection – Opt for services with PCI DSS compliance, 3D Secure, and real-time fraud monitoring.

• Seamless integration – Choose a gateway that integrates easily with your website or platform (Shopify, WooCommerce, Magento, etc.).

• Transparent fee structure – Understand all costs, including setup fees, transaction rates, rolling reserves, and chargeback penalties.

• Fast onboarding & approval – Look for providers offering quick merchant account setup—ideally within 48–72 hours.

• Flexible settlement options – Consider how often they settle your funds (daily, weekly, bi-weekly) and in what currency.

• Dedicated support – Ensure 24/7 customer service or dedicated account managers who understand high-risk environments.

Conclusion

Choosing the right offshore merchant account provider is crucial for any business that operates in high-risk sectors or aims to reach a global audience. Providers like PayCly, WebPays, and others on this list offer tailored solutions that ensure secure transactions, fraud prevention, and multi-currency support—all of which are necessary for growing your business in the international marketplace.

By comparing features like payment security, chargeback management, and industry support, you can select the best merchant account provider to meet your specific needs and ensure seamless operations across borders.

Need help choosing the best provider for your niche? Explore more fintech insights on TheFinRate.

Frequently Asked Questions (FAQs)

Q1: What is the difference between offshore and onshore merchant accounts?

A: Offshore merchant accounts are set up with acquiring banks in foreign countries, offering more flexibility, especially for high-risk businesses. Onshore accounts, by contrast, are subject to stricter local regulations.

Q2: Are offshore merchant accounts legal?

A: Yes. As long as your business operates legally and complies with local tax and financial regulations, offshore accounts are completely legal.

Q3: Why do high-risk businesses need offshore accounts?

A: Traditional banks often reject high-risk businesses due to chargebacks, regulation issues, or industry reputation. Offshore providers are more open to such merchants.

Q4: What documents are needed to apply?

A: Generally, you’ll need:

• A valid business license

• Bank statements

• Business plan or website

• Identity proof of stakeholders

Q5: Which provider is best for quick approval?

A: Allied Wallet and eMerchantBroker are known for their fast approval processes.

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