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Originally Posted by Calvinguy
Where is offshore?
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Well thats an interesting question, most consider offshore to mean anything outside of the US.
To be more specific to what you want to know, the banks (there are two) that I have this deal with are .. an EU bank and an Asian bank.
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Is it boh mastercard/visa and is the processing rate the same for both cards?
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Yes it is for both V/MC and in this instance yes, both are the same processing rate.
I do have other options where they differentiate the rates per card type.
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What is the monthly processinglimit?
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The EU bank has no minimums (will take startups) but would like the vendor to limit their volume to under 200k for the first 60 days, after that you can increase to no limits.
The Asian bank will not take startups so their minimum is 25k with no max cap limits.
I hope that helps?
