Page banner is here


Merchant Services

At FIU Financial we work in conjunction with affiliated offshore banking providers located around the world, facilitating a vast array of business services. We help business entrepreneurs across the world to secure their hard earned money in the best offshore havens.

Our offshore entities are strategically designed to give maximum protection from creditors and utmost confidentiality in the daily banking activities of our clients.

We are fully aware that the offshore banking sector can be very confusing and overwhelming to the average consumer. With our highly skilled staff we aim to diminish the cloud of confusion that surrounds the offshore industry and help you take advantage of what the rich and the affluent have been keeping secret for years.

It is important to remember that the offshore banking sector is expanding at an exponential rate. Some of the biggest companies in the world use offshore havens today.

Our IBC incorporation product line will enable you and your business to conduct all your high risk merchant processing activities in jurisdictions where it is against the law to release any information about you or your affairs to a third party without your consent.


Our exclusive offshore jurisdictions include Panama, Belize, BVI, Costa Rica and Gibraltar IBCs. These jurisdictions will enable you and your business to conduct all banking activities in complete privacy where it is against the law to release any information about you, or your affairs, to a third party.

With speedy service from our company solicitors, your International Business Company (IBC) will be incorporated with completed legal documents sent by courier back to you within five business days. Also included will be your offshore bank account documents with your choice of established offshore banks for online banking and trading accounts.

You will have Internet access to your offshore bank account from anywhere in the world and we will also be providing you with an ATM Gold debit MasterCard which will allow you the luxury of secure access of your money from over 20,000 ATM machines across the world.

Liberty Enterprises\\\' representatives will provide you with invaluable advice on strategic planning of your newly formed corporations, giving you maximum asset protection where confidentiality is guaranteed by law.

Complete offshore banking and offshore financial services at one stop!

Accepting debit and credit cards

If you want to accept payments directly from customers\\\' credit, debit or charge cards you may choose to set up a merchant account. These are accounts that allow card payments and chargebacks to be made to a merchant-nominated bank account.

You can also accept customer payments through a third party payment processing service or online shopping mall. You can find out more about these in our guide accepting online payments.

A number of Malaysian banks - known as acquiring banks - offer merchant accounts. Most are divisions of high street banks. Ask your existing bank whether they offer merchant accounts, though you do not have to use the same bank to process card payments, so shop around.

Before setting up a merchant account, your acquiring bank will request a wide range of information. This is used to assess your business and to determine the level of charges you\\\'ll have to pay for each transaction. You may be asked to provide information relating to:

  • your business history and performance
  • business accounts
  • your forecast turnover
  • expected average transaction values and volumes on credit and debit cards
  • transaction frequencies
  • the type of goods you sell
  • the proportion of transactions you expect to receive face to face, by phone, mail order, or online
  • your suppliers\\\' details
  • how you deliver your goods or services

You may need to open a number of merchant accounts if you want to accept card payments for different sales channels. For instance, if you sell goods from a retail shop and through an e-commerce website you\\\'ll need separate accounts for your online and face-to-face sales. You should talk to your bank about your requirements.

It takes between one and four weeks to open a merchant account. The process may take slightly longer for start-up businesses and banks may want to see additional information such as a business plan and cashflow forecasts.

We at FIU Financial Services are here to help and assist you in every way possible.

* Usual fees apply to transactions in your accounts. Fees apply to some online services, including but not limited to services such as INTERAC Email Money Transfer and online cheque order; however, these fees will be disclosed to you before you use the service.