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Transferring $1 million internationally can cost as much as $80,000 or as little as $15... which would you prefer? |
Today, almost every merchant will have some need for payment processing of foreign currency. Many merchants also require for various reasons a foreign processor relationship. Certain industries have found it imperative to execute most or all of their transactions offshore. And any merchant that does not accept international payments is at risk of losing a significant business opportunity in a global economy.
CSRSI has long standing experience in the arrangement of foreign processor relationships. We understand the challenges and the requirements, including pricing, legitimacy, foreign account compliance, documentation, foreign certificates of incorporation, foreign representatives and agents, utilization of PSP (payment service providers) and the effect of the Patriot Act on U.S. companies.
We work as an active partner with our clients in setting up their foreign processing so they avoid costly errors without incurring unnecessary expenses. We continually monitor changes in electronic payment acceptance conditions and guide our clients so they can continue to have the most appropriate and cost effective programs for their needs.