Accept Credit Card Payments for Wine & Alcohol Stores

At Merchant Stronghold, our group of Installment, Preparing and Processing Specialists can coordinate your lager, wine, and alcohol store with one of our numerous cooperating banks who spend significant time in High-Risk Merchant Accounts.

MCC 5961/5330 - [MOTO/INTERNET]

PROCESSING OPTIONS FOR BEER, WINE AND LIQUOR MERCHANTS

• (POS) Terminals or Phone Swipes
• Virtual Terminal or Online Payment Gateway
• Mobile Card Processing on Smart Phone or Tablet

Website Requirements: Website should include clear Terms and conditions which clearly say that the customer is over the age of 18 years and per the law.

Documents required

• Article of incorporation
• Bank Letter or Void Check
• D/L (Driving License)
• 2 years of audited Financials or tax returns of Business
• 6 months Processing Statements

Merchant Account for Liquor Stores

Description: Because of the way of the business, numerous acquiring banks consider Beer wine and alcohol stores to be high-risk Merchant. A basic tablet-based point-of-sale system is usually the cheapest and easiest option for most single-register locations, but more complex solutions are required for high-risk and online liquor sales. Alcohol sellers that are considered high risk may require a merchant account through a credit card processor that specializes in placing high-risk businesses. Online liquor sellers will need to look for a provider that offers high risk and offshore merchant accounts as well as robust e-commerce solutions. In short, if you’re a liquor store owner, you may have a few unexpected hurdles to clear before you can accept credit cards from your customers.

If you are searching Payment Gateway & Merchant Account Services Provider. Merchant Stronghold provides reliable High-Low-Risk Merchant Account, Online Payment Gateway, Credit Card Processing, POS System Services Provider. To know more information - Payment Gateway Services Provider.

Improve Merchant Statistics and Reduce Fraud Levels

Recommendations to Improve Merchant Statistics Below have listed recommendations that could help to reduce fraud level. Merchant must provide an activity plane to reduce fraud levels by the payment system. On the off chance that the merchant doesn't successfully lessen reduce fraud level Risk and Compliance department will close merchant traffic. To avoid penalties and disqualification, Merchant must survey its business processes. The following are recorded suggestions that could reduce fraud level.

Here are some guidelines for preventing Internet, telephone or mail order fraud:

• Request that cardholders provide the following information during the order taking process:
• Cardholder Name, exactly how their name appears on their card.
• Card Number
• Card Expiration Date, four-digit number MM/YY.
• CVV (Card Verification Value) and/or CID (Card Identification Data) for some regions, the three-digit number located on the back of the card in the signature panel.
• Card billing address along with the ship-to address (when necessary).
• Home, business or other telephone numbers where the cardholder can be reached.

For each transaction, be sure to:

• Request and validate the CVV (Card Verification Value) and/or CID (Card Identification Data) for some regions, the three-digit number located on the back of the card in the signature panel.
• Verify the customer’s billing address, either electronically or by our address verification service (AVS).
• Verify the cardholder name, full billing address, email address and phone number with the Issuer in real-time using.
• Check your delivery service contract for who is responsible for merchandise not delivered.
• Get a signature for each delivery and keep all delivery records.
• Do not keycard information to force through a sale for which you have received any declined response to your authorization request.
• If the sale is on a credit card, refund sales on the same card.
• Include your common DBA and customer service number on the customer’s transaction receipt.
• Clearly communicate any and all delivery charges, restocking or other fees.
• Clearly explain any return policies and offer documentation of this policy with each sale.
• When working on a chargeback, document efforts to satisfy the customer. Be sure to respond to all chargebacks.
• Duplicate charges, or installment plans, unless otherwise stated, require an authorization for each sale.

Protect Customer Information on my Website?

• Protecting Customer Information
• Truncate all credit card information.
• Do not store any CID data in your records or on any type of sales data.
• Secure your site. Data MUST be stored in a secure environment that is protected by firewalls from your Website or access to the Internet. This data should be password protected with limited authorized use.
• Do NOT store any customer or credit card information on your Web Server.
• Please refer to your Merchant Operating Regulations for further Card Not Present (CNP) requirements with respect to the submission of sales.

Online Payment Gateway for E-commerce Businesses

The response for "how to get the entrance of online payment gateway and accept Visa, MasterCard, American Express and Discover" in basic words is, the business needs to set up a Merchant Account. Be that as it may, this doesn't just only solution as Merchant Account, is only the service that is given by the banks that will help to accept the electronic mode of payment. Businesses can choose between the elaborate array of collections banks from across the world have ACH, Check Processing, Credit Card Acceptance, Point of Sale System, etc.

The choice of services sometimes creates a lot of confusion for business owners to choose the perfect services according to their business type and what are the exact requirements for the application of the Merchant Account. For the ease of business owners Merchant Stronghold, with their industrial experiences can help them to choose from the perfect option according to their business. For the application of Merchant Account, the business owners need few of the basic documents:

• Articles of Incorporation of the business, Tax documents etc., Fictitious filings etc.
• A letter that is specified with the details and nature of the business, Fulfillment Agreements, DBAs etc.
• Address and ID proof of the owner(s). If the physical address of the business exists the proof of that also needs to be attached with the application. Utility Bill and Passport recommended.
• Personal and/or Business Bank Statements, Tax returns are important. This provides financial strength and stability to the business.

Merchant Stronghold can help businesses to establish the Merchant Account and provide a gateway terminal to accept payments across the world. One thing that comes while collecting the payment of through electronic methods is the customers have the right to dispute the transaction if they are not satisfied with the merchant’s service they directly contact to the bank for the amount that the customer paid for the product or service that leads to Chargeback. Merchant Stronghold will help businesses to fight such situations with all the legal documentation about which businesses many times are unaware.

Merchant Stronghold works with all kind of business, retail to high risk. Nutraceutical Trial, Continuity Subscription, Credit Repair, Debt Relief, Adult Porn Subscription and Tech Support. Start your eCommerce business with Stronghold today!