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I also do a extensive research before regarding apply a offshore merchant a/c.
netbilling can help in applying both US and offshore merchant a/c. For US a/c, there is no min. volume need. For offshore merchant a/c, you need to provide processing history (at least 6 months) at a volume of at least USD$35,000.
More, whatever you apply merchant from netbilling or some other where, netbilling can process transaction for you.
By unfortunately but not sure, netbilling don't accept new merchant a/c currently. However, they are process transaction for you if you already have a merchant a/c.
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