Showing posts with label High Risk Merchant Account. Show all posts
Showing posts with label High Risk Merchant Account. Show all posts

Saturday, September 21, 2019

Customer Thoughts For Redirect Payment Gateway

Redirect Payment Gateway – One of the common mistakes made by the merchants is that they do not give much attention to the Payment Gateway redirection. A payment gateway is a point where conversion takes place. If not done right, you can lose customer and revenue, both.


It is advised to every e-commerce merchant to choose a redirect payment gateway, carefully. This blog contains all the details required for a merchant related to “Redirect Payment Gateway”. Furthermore, you can get to an expert of that matter at Merchant Stronghold and get the required assistance.

Customer’s Thoughts For Redirect Payment Gateway

Many merchants choose Redirect Payment Gateway, especially the small e-commerce business. However, this can sometimes harm the business if not handled carefully.

E-commerce business should pay special attention to their customer’s experience. And “what does your customer think about the Redirect Payment Gateway?” should also matter. In order to improve your services, you need to know about your customer’s thoughts. Here are some examples:

When the customer is redirected for the payment, the first thing they notice is a change in URL. Along with that, the logo and the name of the brand are also going to change.
These changes can confuse the users sometimes and might speculate and leave the website.
If there are too many clicks involved while making the payment, then also the customer might start reconsidering the purchase.
Other than that, if a customer finds the redirected website not trustworthy then too he may leave.

There are many such issues that can affect the conversion of E-Commerce customers. If you are also bothered due to such problems in your online business then you can get assistance from Merchant Stronghold.
For more information directly contact us @ +1 (888) 622-6875.

Friday, September 13, 2019

How To Manage Online Payments Risk?

Management of Risk:

A merchant needs to have a quantitative approach to risk management to identify and manage it in online payment processing :

A merchant needs to identify the most critical risks by tying them to business processes.
Quantify the severity of the identified risk, if they occur

Measure the size of the risk and evaluate the likelihood of it, if it is to occur again.



Detailed Risk Management At A More Granular Level:


Understand The Risks And Train The Staff – The staff should know what risks your business may have to deal with and plan for it beforehand. Everyone in the business structure needs to understand the types of risks inherent in online payments. Establish the procedures on avoiding and solving the risks.



Ensure Information Security – Information here includes customer databases, buying requests, payment process. etc. It should be made sure that Information is not leaked nor hacked into. Set up a secure and efficient process for submitting authorization requests over the Internet. Before you can start accepting payments online.



Use Collective Efforts To Minimize Losses – You have control over most types of chargebacks and especially the ones resulting from processing errors. A well-designed collection system can help recover unwarranted chargeback losses.



Display Effective Policies And Rules – Your website must list your privacy, shipping, return and refund policies on each page. Customers should not be forced to search for them. This will also create satisfaction and convenience for customers to come to the website even more.


Risk Evaluation – Fraud and any type of risk when occurs should be evaluated in first priority, by this approach the business has a guarantee of getting a sound data and planned structure to put up for future risks.

Finally, Risk Management is focused on the analysis and reduction of risk in various types of activities. To know more- You can contact us using the toll-free number +1 (888) 622 – 6875. 

Monday, August 19, 2019

What are the benefits Merchant Account for Nutra Products Sales

Some merchant account providers specialize in high-risk merchant account but charge the higher fee for certain accounts. There are few providers who offer customized end-to-end payment solutions, which are more beneficial for the merchant as compare to others. Some also offer to process for numerous currencies. For these and other reasons, it’s best to do very systematic research of merchant processors that offer merchant accounts for Nutra deals.


Several benefits of using the merchant account for Nutra product sales are:

Payment acceptance through various means: If you want to grow your business it is important to accept payments by multiple means. Customers feel comfortable if they can pay or choose the payment option as per their choice and convenience, for the products or services they require.

Acceptance of all type of credit cards: If you have a payment processor that works with all credit cards, the merchant can deal with people and companies all over the world and expand their business.

No volume limit: Merchant service provider can provide you with a payment system that does not restrict you from making business deals and financial transactions. Also, a system where you can carry out transactions without any interruption or issues.

Instructions to Work with Conventional Merchant Services Providers

Pay organization bills on time and keep financials in order. Give clients great services and make returning items simple and convenient. Nutraceutical related merchants who give genuine items at reasonable costs could hope to remain in business and expect outstanding income. Search for long-term solutions for your Nutra deals here. 
So, for more details, call our representative on +1(888) 622-6875 or email us at info@merchantstronghold.com

Friday, July 26, 2019

Looking For Business Opportunities Merchant Account Solutions?

Business opportunity merchant accounts is basically a program or course that’s produced by somebody to help others make an income and is generally done so from the comfort of their own home via online. Some charge a membership fee to keep having access to the backend as well as the helpful tools.


However, like everything in life, it's only like one bad fish destroys the whole pound and because of this biz ops have turned into a bad name among traditional banks for credit card processing. Why is that? Well, a few reasons like the potential for excessive chargebacks and (of course) those select few men and women in the industry that are only out there to earn a quick buck.

A business opportunities merchant account is indeed classified as a high risk for a variety of reasons, making it difficult to find a reliable processing partner. Merchant Stronghold specializes in working with high-risk merchants and we have multiple acquiring banking partners that offer business opportunities to the merchant accounts.

Business Opportunities For  Merchant Accounts With Merchant Stronghold

Having a card processing solution that keeps your top interests in mind you get back to focus on what’s most important. Merchant Stronghold makes-it simple to set up a merchant account and our pricing plans are designed to ensure that you are paying the lowest possible rates with the top PCI security standards. 

Our USA based tech support department provides simple guided integrating into your pre-existing online system. Merchant Stronghold is compatible with nearly every website shopping cart so your customers can continue to conveniently place orders. All transactions are run safe and securely so you will have a lower risk of fraudulent occurrence that ends up costing you more! 
Contact Merchant Stronghold today and speak to a Business Opportunities merchant account specialist for more information.

Let's sail on the boat of profit with Merchant Stronghold, enjoy the super trip with us and be a part of it. Merchant Stronghold gives the proper assistance and guidance kit for a better future. 
Contact Us -  +1 (888) 622 - 6875 or 
Email us -   info@merchantstronghold.com 

Wednesday, July 24, 2019

SPEED-UP Your Business with Merchant Stronghold


Some merchant account providers specialize in high-risk merchant services, but they do in general charge higher transaction fees. All of them are not alike though. Few providers offer customized end-to-end payment solutions and some don’t. Some also offer to process for numerous currencies and others do not. For these and other reasons, it’s best to do very systematic research into merchant processors offering Nutra deals merchant accounts.


In spite of the fact that there are more choices nowadays in the card preparing industry, finding the correct processor can be testing. You will require one that addresses your organization’s issues and that can take some time and legwork. Search for a respectable place that has been working together for some time. Discover what different administrations they may offer.

For example, online installment doors. In the event that this is something that will be critical to you, ask whether they handle things like various monetary standards. Discover a processor that can make different Nutra deals merchant accounts accessible to your organization

A GROWING NUTRACEUTICAL INDUSTRY

The Nutraceutical items industry is a growing, flourishing industry. Numerous Nutra deals organizations help people all over the world to lose weight, and look and feel better. The uses of the item by the majority and many do truly work. Some well-known professionals like Dr. Oz sell them. “As Seen On TV Products”. In addition, natural alternatives are popular because they work and offer good results without harmful side effects.

Good products that offer multiple health fitness benefits without harmful side effects will always be in order and popular with consumers. consequently, there will always be numerous online suppliers of these items with an awesome requirement for solid merchant services.

Though it can be difficult to locate a regular bank to work with, it is still possible to do so. In order to work with a traditional bank or processor, it is necessary to establish your business in the marketplace. This is when a processor that specializes in merchant services for Nutra sales will be there.
If you're facing problems to open a merchant account for your Nutra product sale. 
Don't worry, Merchant Stronghold can help you get a high risk merchant account in easy steps. 
Directly Contact Us | +1 (888) 622-6875. 
Also, You can Email | info@merchantstronghold.com

Monday, July 1, 2019

The Question Is | Why do I need a merchant account?

Merchant Account Provider for Business – Usage of cash and checks is reduced in the past decade. More and more people are relying on cashless transactions. This means people are getting comfortable with card payment and card fewer transactions. But this is not good news for Merchants. They have to adapt according to the changing economy. This transition takes time and understanding.


There are benefits of getting a Merchant Account Provider for Business:

Better Money Management

No matter how small or large enterprise you have, money management is one of the very important aspects of a business. Without proper management of money, you won’t be able to see any profit. This is how a merchant account helps:

Now, if a customer makes the purchase using a credit card, debit card, or other cashless modes, the money will be directed to your merchant account directly.
You get a merchant account, which is connected with all the modes of transaction available.
Also, you can easily track the flow of money and make your business better.

Customer Satisfaction

There are many people who do not carry a large amount of cash anymore. Also, they prefer card mode of payment when it comes to expenditure. Coming back to the merchant, they need to equip their business with the tools to accept such payments. A merchant account provides such services.

A merchant also provides the tools to accept various kinds of card payment.
If you have an online platform to make business then you can also add payment buttons to the website for the customer.
This provides flexibility to the customer, as they have the option to choose from multiple modes of the payment.

No Fake Currency or Bad Check Hassle

In the case of cash or check transaction, the merchant is always worried whether the money offered is genuine or not. Sometimes, these little frauds can lead to a great loss for the merchant.

By using the cashless transaction, the merchant can avoid cases of fake currency and bounced checks.
A merchant account also offers payment modes for the recurring transaction of products and services.

Growth in Number of Sales

As we discussed, a great number of individuals are opting for the card payment as the mode of transaction. And introducing the cashless transaction can actually bring more business. With the growing security, the number of card customers is increasing exponentially.

Wednesday, June 26, 2019

How To Choose The Correct Transaction Descriptor For Your Business?

It appears on the credit card statement or any other bank statement of the customer that contains details of the company and merchant involved in the particular transaction.

The purpose of the merchant descriptor is to identify whom the payment was made to. Whenever a merchant goes for the merchant account, he or she is asked to provide the merchant descriptor as well.


WHAT ARE THE BENEFITS OF HAVING TRANSACTION DESCRIPTOR OR MERCHANT DESCRIPTOR?

Having a transaction descriptor can save the merchant from a chargeback. This is the most important benefit of having the transaction descriptor.

A descriptor gives clear information about the merchant and the purchase.
This helps a customer to quickly identify the transaction.
That also results in a low chance of the chargeback from the customer’s end.

According to the various reports from the card networks, most chargebacks are filed simply because the customer did not identify the transaction.

Now you know, as a merchant you should give attention to the merchant descriptor. If this is the case, you need to gather more information about the Transaction Descriptor or Merchant Descriptor.

There are two kinds of Transaction Descriptor:

Static Descriptor – A Static Descriptor remains the same for all the transactions made by the merchant.
Dynamic Descriptor – And in this case, it varies and includes the details of the purchased goods or service.

You must be wondering which one is better and what should you get for your business.
A Static Descriptor is often called Hard Descriptor. If you have a business that sells one kind of goods or service then you can go for this. A static descriptor generally contains the company and location in form of the zip code. Whereas, the Dynamic Descriptor may change with each transaction as it contains product specific details. If you own a store that sells a variety of products then you should choose the dynamic descriptor.

Why Use Multiple Payment Gateways for Business

GLOBAL EXPANSION OF BUSINESS

Who doesn’t want to expand their business to the global market? Now, if you are a merchant with an e-commerce website then you have great opportunities right in front of you. You can start selling your products all over the globe using your website.


However, it is not as easy as it may sound, but you can definitely start somewhere, and this can be started by adding payment gateways. Furthermore, if you are thinking to target a specific geographical location then the best way is to study the audience niche. Along with that, you can also look for the payment gateways popular in that region. After that, you can follow the same pattern and keep adding more locations preparing a multiple Payment Gateways website.

TARGET TOWARDS BETTER REVENUE

Once you have added multiple gateways to your business, you’ll see increased traffic on your website. This means you will get an increase in conversion rate, which could eventually lead to better revenue.

Furthermore, in a situation of crisis with a certain gateway, you can rely on another to keep your business going. Let’s try and understand this with the help of an example:

Suppose, you use 2 payment gateways A and B. One day, gateway A stops taking MasterCard payments and all the MasterCard credit card payments gets declined. In such a case, you can switch to gateway B and complete a successful MasterCard Credit Card Transaction. 

So, one can say, one of the advantages of multiple Payment Gateways website is never losing a sale or transaction.

BACKUP AND FAIL-SAFE PAYMENT SYSTEM

Using the gateways to make a transaction in your business can help you create an elaborate database of the customers. Using this database, you can mark faithful and regular customers, and at the same time blacklist the cardholders with a number of scams.

You can use this information for a successful business that can also help you reduce the number of chargebacks. Furthermore, you can back up this data using the gateway services.

If you have another payment gateway then you can securely copy all this data to another gateway and have all the similar advantages.

Furthermore, in the situation of overflow, having a second payment gateway can save you from losing any business. One of the advantages of multiple Payment Gateways website is always having a backup payment gateway.

ADVANCED SECURITY AND SUPPORT SERVICES
ARE THERE ANY DRAWBACKS OF HAVING MULTIPLE PAYMENT GATEWAYS?
High processing fees and costs
Management of multiple payment gateways
Do not result as profitable as it may sound

Friday, June 21, 2019

Understand Ecommerce Checkout Flow

Ecommerce Checkout Flow– Every big or small brand is now taking their business online due to the boost in the e-commerce industry. This means, along with the physical store, every merchant now wants to have an online store as well. This is a good idea for a merchant to expand and increase his revenue. However, not everyone is good at handling the e-commerce business on their own. This is because of the competition and lack of guidance.


One of the important aspects of online business is the checkout process. The checkout process is where your visitors get converted into the customers. If not done right, you can lose the e-commerce business due to excessive loss. 
Although, there are many successful e-commerce businesses that are doing really well and you can learn from them. Along with that, in order to boost your business, you can take help from experts.

What Is ECommerce CheckOut?

It is a designed interface and a customer must go through it to purchase an item. As soon as the customer clicks on the checkout button the process starts. Generally, it contains steps like entering personal details including name, address and contact information. Other than that, the customer will be asked to choose the mode of payment and enter details depending on the mode chosen.

For example: If a customer chooses to make the payment using the credit card then he will be asked to enter the credit card details depending on the company’s norms.

Once the checkout is completed successfully, the customer will be notified regarding the recent purchase using the contact information provided by him.

How Does ECommerce CheckOut Work?

From the customer’s point of view, the checkout process is as easy as entering the details and getting the products. However, for a merchant, the checkout process is a whole different story.

An ECommerce checkout process is the flow of valuable data that needs to be processed carefully at every step. Generally, a customer goes through following steps during an ECommerce Checkout Flow:

After liking a product or service, the customer clicks on the “Add to Cart” button.
Then the customer is directed to the cart where the confirmation is asked whether the customer wants to “proceed to checkout” or go back to “continue shopping”.
Once clicked on “proceed to checkout”, the user will be asked whether the customer wants to check out “as a guest” or “sign in”.
After choosing the desired method, the customer will be asked to enter the details.
Finally, “place your order” will pop up on the screen.
After clicking on this button, a customer needs to make the payment by choosing the desired mode.
Once the customer successfully completes the payment, he will receive confirmation of the purchase.

ISO PARTNERSHIP STRATEGIC & MERCHANT SERVICE PROVIDERS

Independent Sale organizations and merchant service providers are the companies that processes, store and transmit data on behalf of their merchants. Our Strategic Partnership program offers companies or individuals to sell Merchant stronghold’s services with the ability to market them under their company’s name.


Feature

Priority for the verification of merchant account applications.
Name of the company during the merchant account agreement.
Ability to show that services are being served under a white label.
Transfer of responsibility to a top priority for the merchant support.
Detailed reports of every Merchant’s transaction history.

Benefits

Ability to market and sell the merchant service under the brand name of your company.
Earning an attractive amount of revenue as a commission and ability offer a wide range of merchant services to your customers.
Merchant Stronghold offers a partner manager, that will support you to solve the queries related to offering the merchant services sells.
The partnership enhances your ability to add/board merchants of any size and of an industry we serve to be it high risk or low risk.
Ability to directly submit online merchant application under your company name in collaboration with for business worldwide.

Friday, May 24, 2019

What are the Streamline Online Payment Services

Streamline Online Payment Services – Handling the online presence of your business is a difficult task. Furthermore, in the generation of competition, you must make your product and performances that make the customer stick to your services. This also includes the streamline online payment services. You can read this article for the tips to get a number of customers at your platform.


Reduce the Check out Time

Many experts claim if the customer spends too much time during the checkout, the chances of dropping the purchase also increases. You can try these methods to reduce the checkout time.

Give the customer the option to log in and then explore your products.
Moreover, you can also offer to add the delivery details or address during the login.
Also, ask the merchant to save the payment for the next purchase.
You can ask for the reviews related to their checkout and delivery services.

Seamless Site Navigation

Generally, a customer explores a lot before making a purchase. Especially when they are trying your services for the first time. In such a case, you can offer smooth navigation while jumping from one product to another product as easy as possible.

Ask the customer to add the items they like to add to the wish list.
The products that a customer sees should appear on the recently viewed panel.
Jumping between the products should be easy and more manageable.
Make it easy for the customer to purchase the product whenever or wherever they are. This helps you streamline online payment services and make more profit.

Availability on Different Devices

The matter is to make your website or platform easily available on the device.

Make sure your website is responsive and works on different devices including Smartphone and computer.
Also, Smartphones and Tablets are also available in different screen sizes.
You can also get a designer who can customize the website as per your requirements to get the streamline online payment services.

Address - 10300 49th Street N Suite 427 Clearwater, Florida 33762 
Email Id_ info@merchantstronghold.com
Contact_ +1 (888) 622-6875.

Monday, May 20, 2019

Online payment risk and how to manage It?

Online Payment Risk: Payment risk is considered as a loss if a merchant or a company handles a high volume of payments and they fail to comply with the contract.


There are many types of operational risks:
  • Inadequate and Failed Information Systems
  • Processing Errors
  • Fraud and Chargebacks
  • Breaches in Internal Sources and Control
  • Commercial Disputes
  • Unforeseen Calamity.

Since the online credit card payments form the foundation for digital foundation services, an approach to managing and regulating their risk is the first step. A company should work for an approach for assessing the economic impact of risk from the perspectives of customers, providers, and self.

A high level of transactional risk exists with internet products, particularly if the lines of business are not planned and implemented properly. That is the reason when banks underwrite for high-risk business or any business, they always go for a check whether the business is properly planned and implemented or not, whether its website is PCI compliant or not.

Management of Risk:

A merchant needs to have a quantitative approach to risk management to identify and manage it in online payment processing.

A merchant needs to identify the most critical risks by tying them to business processes.
Measure the size of the risk and evaluate the likelihood of it, if it is to occur again.
Quantify the severity of the identified risk, if they occur

Address - 10300 49th Street N Suite 427 Clearwater, Florida 33762
Email Id _ info@merchantstronghold.com
Contact us - +1 (888) 622-6875.

Tuesday, May 14, 2019

Pros and Cons of High-Risk Merchant Account

CONS OF HAVING A HIGH-RISK MERCHANT ACCOUNT

Now a business owner has to get a merchant account. This account is used to carry out the transactions of the merchant. Now if your company has too many numbers of chargebacks then your account will be referred to as high-risk merchant account.


There are many reasons a merchant do not want to own a high-risk merchant account, these are:

Excessive Chargeback Fees – The Bank already considers that the high-risk business will produce a number of chargebacks. In order to deal with the chargebacks, bank charges extra chargeback fees to deal with them in the future.

Need to create a Merchant Account Reserve. For the high-risk business, the bank asks them to open a no-interest saving account. This is done to deal with an unexpected number of a chargeback in the future. If someday merchant is asked to pay a large sum due to a chargeback then this account will be used to pay off the customer.

If you are at risk of becoming a high-risk business due to the growing number of a chargeback in your enterprise then get an expert to assist you. Contact the Merchant Stronghold at the toll-free number for such services.

PROS OF HAVING A HIGH-RISK MERCHANT ACCOUNT

There is also a bright side to own a high-risk business. It is hard to believe but high-risk business can actually help you earn more profit than other businesses.

Pros of High-Risk Merchant Account are:

Great Earning Potential. The payment processor limits the revenue rate for the low-risk business. But the high-risk business has no limit when it comes to earning and expanding the business.

Risky Products lead to More Profit. When you own a high-risk business account, you can sell almost anything in the market. This is one of the Pros of High-Risk Merchant Account that makes it the most profitable business.

Worldwide Expansion. If you own a high-risk business then you have all the access to expand your business beyond boundaries. You can deal in any currency with the desired country.

When it comes to earning the profit, high-risk business is the best. Also, you can say the Pros of High-Risk Merchant Account is a great profit.

Friday, May 10, 2019

HIGH-RISK PAYMENT GATEWAYS FOR ALL TYPES OF MERCHANTS

Though it seems simple enough to apply to a bank for a payment gateway, it is challenging. A business can have a good processing record and still get turned down due to the type of business they conduct. Banks consider many businesses high risk because they have irregular high-ticket sales, excessive chargebacks, or work in industries that are highly regulated or the rules and regulations are murky, at best. Businesses owned by people with poor or low credit scores and those that are based outside the United States also fall into the high-risk category. So, when a merchant with any of these problems tries to obtain a high-risk payment gateway, banks turn them down for services.


Merchants that want to safely and responsibly process credit card payments must turn to a high-risk payment gateway processor, like Merchant Stronghold. Merchant Stronghold offers high-risk online payment gateway services for retail, mail order/telephone order (MOTO), and internet merchants.

Merchant Stronghold prides itself on working with clients with all types of backgrounds. Whether a business is small and unknown or large and established, Merchant Stronghold finds the solutions it needs.

Get high-risk online payment gateway services from Merchant Stronghold for businesses that sell the following products and services:
  • Adult entertainment and novelties
  • Auto accessories and parts
  • Tech support
  • Luxury goods and services, such as private planes and travel
  • MLM and direct sales
  • Collectibles and antiques
  • Designer Fashions
  • E-cigarettes

Merchants Have Three Basic Needs For an Online Payment Gateway

The first is security and anti-fraud protection. Protecting your business and protecting your customers is a cornerstone of a successful business. Once incident can wreck your potential and reputation.
The second need is for the payment gateway to be user-friendly. Not only does it need to seamlessly integrate into your website and merchant account but it needs to be customer-friendly so that your customers do not become frustrated and give up on buying your products.
Lastly, you have to find the best rates. Business-friendly rates regarding transaction volume and transaction fees can make or break your margins. Finding the right balance of security and financial acuity is critical for any payment gateway.

Wednesday, May 8, 2019

Why Merchant Account Important for Online Timeshares Business

Timeshares business offers various types of packages, vacation rentals, and airfares. It is considered a high risking business because credit card processing is high traffic. The transactions also occur via phone and internet, and customers complain about services a lot. It takes a lot of time from booking to receiving, and because of it, disputes are common. A few years back, timeshares merchants weren’t offered credit card processing because of frequent cancellations and refunds. Now merchant account providers are able to take the risk, but travel and related business must keep terms and conditions clear.


Credit card fees and charges

There are various fees associated with transactions, mostly depend on the customer’s card and type of transaction. Cards such as American Express, debit, credit card, and type of business are the key factors. Banks don’t want chargebacks because these cost money so they monitor timeshares business closely. Merchants must check best processing rates and look for an online merchant account that offers high processing limit. Those timeshares businesses with a chargeback rate of more than 1% are denied accounts. You should look for the merchant account that offers tools to reduce the risk of chargebacks.

Trustworthy Merchant account provider

Timeshares business should seek a merchant account that is trustworthy and offer the best rates. There are many strategies that can help you lower chargebacks. Effective sales and marketing methods, direct processing, and keeping records can reduce the risk.

Merchant stronghold is familiar with many credit card processors and scenarios. We offer low rates to our timeshares business owners so that they can process credit cards without having to follow the bank to bank approval. We can help you by finding credit card processors best suited for your terms, conditions, and rates. Before providing you services, we inform you of the advantages and disadvantages so that you are aware of possible risks and benefits. We work with businesses and individuals so that they can get the best solution. Merchant stronghold provides education so that you are satisfied with the outcome.

Sunday, May 5, 2019

What You Need to Know about a High Risk Merchant Account

OFFER/CAMPAIGN INFORMATION




Describe the product/service being sold? How is the product/service ordered or purchased? What are the price points for the product/service?

Is the product/service being sold through a Front End or as an upsell offer? Is the product/service being cross-sold with any other product/service? If yes, explain. Is there a free trial and/or auto-ship program attached to the product/service? Is there a recurring billing/continuity plan associated with the product/service?

Documents and KYC

3 months of recent business bank statements. (If a new business, the merchant should be able to show financial stability to support the startup/operation of the business or personal bank statements.)
3 months recent prior processing statements for all products intended on being processed through the merchant account (If applicable)
Prior years and year-to-date business financials (Prior years audited financials required if available)
Website or Marketing materials (Print ads, brochures, etc.) if mail order/telephone order sales
If product/service being sold and not owned by a merchant, reseller agreements should be provided
Articles of incorporation/articles of the organization showing the ownership of the entity associated with the merchant account.

Monday, April 8, 2019

High Risk Merchant Account for Ticket booking and Online Sales

When selling tickets online or booking through an online system you don’t just want a payment gateway but payment solution altogether. In these fast times, the payment gateway or a permanent merchant account for events business, which is a High-risk business is more profound as the customer is opting out for online payment. In this time of breakneck competition, the businesses have developed a trend of giving cash back and discounts of various types to the customers.


THE MERCHANT SHOULD ACKNOWLEDGE BELOW POINTS BEFORE STARTING THE PROCESSING FOR THE EVENT’S BUSINESS:

Accepts all payment modes (Cards, Net-banking, Wallets, UPI, etc.) and supports all banks. If a customer has money in any currency and wants to pay, you should be able to accept it.

Zero setup and maintenance charges – You only pay for how much you use.

Integration process – Rather than spending precious developer bandwidth on payment integration, spend the time building the product of your dreams.

A dashboard that helps you monitor exhaustive reports on payments and statistics that help you improve your business.

Simple pricing packages that make sense for your business.

BENEFITS TO LOOK FORWARD TO:
  • Easy settlement into preferred Bank account.
  • Easy integration.
  • PCI-DSS compliant.
  • Less time-consuming.
  • Automated structure.

Here comes everything you must know-how when looking for a merchant account for online tickets business and payment gateway. But then, if anything comes across regarding security of payments or payout cycle or something that is more customer-centric you must find the best platform that compliments your business model.

Friday, March 15, 2019

Expand Your Travel Agency Business with Merchant Stronghold

Are you running a travel agency and you don’t have a merchant account? You are losing a large portion of your customer base who probably don’t purchase your package because of the payment method.


Rates and easy installation

Our rates are different than other companies, we believe in clear and transparent policies so that merchants can do business while we handle their online merchant account issues. Our system is unique, we review many things before deciding how much to charge. Our professional team sits down and review customized plans for travel businesses.

Agencies who have a travel business are, always at risk because credit card companies don’t want to invest in them. They are expensive for banks and their business usually don’t run for long. But with multiple payment methods, you will give options to customers and they will be able to purchase your products easily. A separate merchant account will have a virtual terminal with options such as android and apple device payment method. Customers will be able to pay via credit card with the touch of a button.

Card installation may look like a lengthy process but it is not. Once it is installed, your customers have to enter detail and sign on screen. A recipe will generate when they purchase your travel packages and this recipe will be sent to customers as a record. One of the options that benefit business is clients email, you can send new promotions and special offers to expand your business. The apps we use are extremely safe and they are capable of carrying out any number of transactions. Either it is a virtual terminal or physical, your customer will be able to make payment even if the card is not present. Simply by entering card information and a recipe will generate.

We have made it possible for travel businesses to enjoy the twenty-first century’s technology. There are many companies like ours, but we are the only one that provides customized plans so that merchants can offer better payment options to clients. Contact us and start accepting MasterCard, Visa, and American Express today!

Monday, December 10, 2018

How To Choose A Best Credit Card Processing Company

For any ѕmаll business, сhооѕing thе right сrеdit саrd рrосеѕѕing company dоеѕn’t hаvе to bе diffiсult. Stаrt with a few ѕimрlе questions. Cаn they wоrk with mу buѕinеѕѕ? Do thеу fit in with mу process, еxiѕting technology etc.? What will I bе charged? Cаn I rеlу оn a customer service team tо troubleshoot tесhniсаl рrоblFееѕ


Thinking lоngеr term iѕ imроrtаnt. Sеlесting thе right credit card processing company is аbоut саrеfullу weighing thе pros аnd cons оf аll орtiоnѕ available to уоu. Tоdау, there are mоrе орtiоnѕ thаn еvеr.

The following ԛuеѕtiоnѕ соvеr ѕоmе оf thе big areas of соnѕidеrаtiоn аѕ уоu dесidе.

Arе Thеу Cоmраtiblе with Yоur Business Nееdѕ?

First thing’ѕ first. Yоu nееd to knоw if уоur сrеdit саrd рrосеѕѕing company оffеrѕ what уоur business nееdѕ. Options аrе еvеrуwhеrе today. Diffеrеnt options solve fоr diffеrеnt needs. Sо what’s your buѕinеѕѕ—еCоmmеrсе wеb ѕitе, brick аnd mortar store, lаrgе business, small buѕinеѕѕ or ѕоmеthing in bеtwееn? Lооk for a сrеdit card processing соmраnу whоѕе mеrсhаnt accounts, ѕеrviсеѕ and ѕоlutiоnѕ, are tаilоrеd to уоur ѕресifiс business type. Whеthеr you’re a grocery ѕtоrе, рhаrmасу оr restaurant or аn еCоmmеrсе ѕtаrt-uр or nоn-рrоfit, уоur сrеdit саrd рrосеѕѕing соmраnу ѕhоuld fulfill уоur nееdѕ.

Hоw Muсh Dоеѕ it Cost?

Thеrе’ѕ оftеn a lоng liѕt оf additional fееѕ that come with credit саrd processing. Diffеrеnt сrеdit card рrосеѕѕing соmраniеѕ charge diffеrеntlу. However, some соmраniеѕ might charge muсh less thаn оthеrѕ while оffеring thе ѕаmе рrоduсtѕ аnd lеvеl of service.

Friday, December 7, 2018

Important Difference Between PayPal and Merchant Account

Mеrсhаnt Accounts соmе with a secure payment gateway to uѕе on уоur wеbѕitе. You can customize thеѕесuritу levels that dеtеrminе what kindѕ of transactions аrе flаggеd оr dесlinеd thrоugh уоur рауmеnt gateway, and уоu can be соnfidеnt in thе security thаt рrоtесtѕ уоur customers’ dаtа because it nеvеr leaves уоur own wеbѕitе еxсерt thrоugh thе рауmеnt processor’s ѕесurе gateway. Pауmеnt card рrосеѕѕing соmраniеѕ аrе hеld to ѕtriсt industry ѕtаndаrdѕ about privacy, аnd will nеvеr ѕhаrе any of your сuѕtоmеrѕ’ dаtа.

PауPаl iѕ a private company and has diffеrеnt policies about сuѕtоmеr рrivасу. Thеу openly ѕtаtе thаt thеу will share customer infоrmаtiоn with third-party market research соmраniеѕ and thеir раrеnt соmраnу, еBау. Sесuritу with PауPаl also ореrаtеѕ diffеrеntlу: whеn a сuѕtоmеr mаkеѕ a рurсhаѕе thrоugh PayPal, thеу are redirected tо thе PауPаl wеbѕitе tо enter their finаnсiаl information, which can bе a ѕignifiсаnt ѕоurсе оf аbаndоnеd ѕhоррing саrtѕ in аn есоmmеrсе еnvirоnmеnt ѕinсе thе соnѕumеr hаѕ tо gо thrоugh mоrе ѕtерѕ to check оut.

A ѕtrеаmlinеd аnd efficient checkout рrосеѕѕ iѕ сruсiаl for garnering оnlinе shoppers in tоdау’ѕ fаѕt расеd wоrld. Additiоnаllу PayPal sets thе ѕесuritу settings, potentially rеfuѕing intеrnаtiоnаl trаnѕасtiоnѕ оr those with AVS/CCV miѕmаtсhеѕ.

PayPal also reserves the right to ѕhut down уоur ассоunt, lосking away your mоnеу, if they ѕuѕресt fraud; rеѕоlving thiѕ issue can bе lengthy and diffiсult, аnd уоur funds аrе inассеѕѕiblе for thе durаtiоn.

Finally, аt least in соmраriѕоn to Merchant Stronghold Sеrviсеѕ, If уоu encounter any trоublе with PауPаl, you will not have оnе реrѕоn thаt уоu саn rеlу upon tо bоth саll and еmаil fоr immediate assistance. PayPal iѕ a vеrу uѕеful аnd convenient payment option, but for most businesses, it ѕhоuld nоt bе the оnlу орtiоn.