Panama Merchant Account and Offshore Financial Services

Currently, One IBC only supports opening Merchant accounts in Singapore, Hong Kong, Europe and the United States. Please see more details about Merchant account service here: https://www.offshorecompanycorp.com/merchant-account-online

Panama Merchant Account fees

From

US$ 99

• PayCEC Merchant Account is highly recommended for Panama
• Panama companies have advantage applying Merchant Account with Banks: Euro Pacific Bank (in Puerto Rico), Private Pacific Bank (in Vanuatu), Heritage Bank and Caye Bank (in Belize)...
• International cards processors (VISA, MASTER, AMEX, JCB, etc...) with many currencies (AUD, SGD, USD, EURO, etc...) available.
• Multi Payment methods (Online Gateway, MOTO payment, etc, …)
• All Fee and Cost are not upfront!, which mean it will be deducted only when Vendors can sell their product/ service

Set up company in Panama

Panama- based companies have many options to register a Merchant Account. It enjoys an Exemption from all local taxes for income received outside of Panama, High level of privacy protection. Moreover, there are no currency exchange and transfer of funds controls.

Panama accounts for over 5% percent of the global market for offshore financial services, making it a secrecy jurisdiction, with a high potential for further growth due to stability and quality of banking services. PayCEC not only has large network of Payment Solutions Partners  fur this jurisdiction but we are also dedicated to serve and empower Panama businesses to join the international economy by Merchant Account from international organizations: PayCEC, which has high record of successful Merchant Account Opening.

If customer is eligible – Panama companies have advantage applying Merchant Account with Banks: Euro Pacific Bank (in Puerto Rico), Private Pacific Bank (in Vanuatu), Heritage Bank and Caye Bank (in Belize)...

Features of Panama Merchant Account

• Smooth payment flows for Panama Companies
• Legally Secured for Vendor thanks to not handling any customer’s card data
• International cards processors (VISA, MASTER, AMEX, JCB, UNION) with many currencies (GBP, AUD, SGD, USD, EURO, HKD..) available.
• Multi Payment methods (Online Gateway, MOTO payment, mPOS, etc, …)
• Up-to-date PayCEC-Expansion Toolkit for developer
• Fast Checkout, customizable Gateway’s Interface.
• NO CODING REQUIRED for Integrating PayCEC’s platform into vendor’s website.

Boost your Business with offshore merchant account in Panama

To meet with the fast pace of the Industry, making faster business decisions in an ensuring security manner is a must. PayCEC allows:

• Insights referred from real-time data by analytic tools
• Up-to-date extension to meet the world’s trend.
• All charges is displayed in one place (across different payment types/ risk levels/ countries/ times/ and currencies)
  • Dashboard with tools, charts, graphic for Business Management
  • Capture better Sale Volume with Virtual Terminal
  • Varied Business Platforms going beyond Boundary
• No more realm of paperwork, hidden fees, and confusing PCI compliance procedures
• Platforms accepting payments in a second.

Vendor Benefits

• Competitive Fee with clear Vendor Discount Rate
• Customizable Check Out Gateway
• Security is maintained at high level. Secured with Data Tokenization
• Real-time Risk management allow Risk Management Tools and Anti-Fraud Guidline
• Fully PCI DSS - PCI Data security standard compliant
• 24/7 Customer service

How to apply for a merchant account in Panama

Step 1

Create Account

• Sign up with Email Confirmation.
• Easily get your Panama Account just less than 5 minutes.

Step 2

Start Integrating

• Test all kinds of transactions right on your Dashboard.
• Stay in control with simple, secured and quick payment methods.
• A guidance will be sent to you for further integration into your website.

Step 3

Activating LIVE

• Test all kinds of transactions right on your Dashboard.
• Stay in control with simple, secured and quick payment methods.
• A guidance will be sent to you for further integration into your website.

Step 4

Accept Payment

• Get email confirmation for LIVE account.
• With LIVE Account, keep track of daily transactions as well as your Payout details (date, amount, status, etc…).
• By simple steps in Dashboard, payment comes to your bank account within few days.
  • Punctual Payment Schedule