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

Friday, September 27, 2019

Are you looking Secure Payment Processing for Online Businesses?

Nowadays, there are a lot of e-commerce and m-commerce transactions; opening doors for cybercriminals. As a merchant, you need to confirm that you provide the best payment security and that your customers don’t have to worry about their data. Customers usually cannot select their own payment gateway, so it’s up to you to make the best and perfect choice for them.


PCI COMPLIANCE

When you’re processing payments on your website, PCI (Payment Card Industry) is a must. The Payment Card Industry Data Security Standards (PCI DSS) provide direction for merchants that tell them what they need to do in order to secure sensitive data in payment processing.

A merchant doesn’t have to be PCI compliant if he/she selected the right payment provider (one with PCI level 1). He/she can leave it up to the payment gateway to comply with the industry level security excellence. Note that data encryption is needed by PCI.

SSL

Each and every transaction should be secured with SSL protocol. SSL helps to encrypt the information so that the card details and all other sensitive and important data is secured. It, of course, improves payment security but also makes customers more eager to for the purchase.
A padlock icon in the URL bar symbolizes the SSL, and the web address starts with https.

ADDRESS VERIFICATION SERVICE

You can also use an Address Verification Service, which requires customers to give the billing address connected with their credit card. If the address on the card matches with the one in bank’s documents, the transaction will go through.

Many companies have a problem of controlling the location and storage of their payment data, but almost 42% of the companies claim that payment data is at serious risk when it is stored. A Global Study on the State of Payment Data Security shows that over 50% of organizations had a breach involving payment data within the past three years.

Merchant Stronghold will help you secure your payment processing in order for you to provide the best payment security to your customers. We also provide high-risk merchant services, contact Merchant Stronghold to get answers to all your questions related to the security of payment processing.

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. 

Thursday, September 5, 2019

Accept Credit Card Processing for Adult Business

During the last numerous years, escort services have become one of the quickest growing industries. Having the abilities of credit card processing to your escort commercial enterprise will offer the first-class comfort for your customers. By allowing credit card payments, you can grow sales. Merchant Stronghold offers escort merchant accounts which are specially designed for online, in-app. Get in touch with Merchant Stronghold to manage your escort merchant account today.


Your escort business is commonly included with the frightening task of looking to be authorized and set up with an escort merchant account. Escort merchants need to pursue a financial institution that works ordinarily with escort companies and understands the extended high risk that comes with the industry.

Adult business merchant accounts are available for domestic and offshore banks allowing adult businesses everywhere inside the world international to be authorized and set up with an account. The banks we are capable of use from our banking network substantially greatly depend on the location of the organization. If the merchant is in the United States. We’re capable of to submit your account to a number of different banks. Merchants based totally outside of the United States may be submitted to different offshore banks one at a time depending on charges and approvals. We start with the lowest rate banks and observe to greater banks if required.

Credit Card Payment Solutions:

Offshore
Domestic
E-commerce
Retail

If, you're looking High-Risk Merchant Account for your Adult Business. We can help you to the best merchant services provider. Reach our website - www.merchantstronghold.com
Also, Contact our experts team @ +1 (888) 622-6875.

Monday, September 2, 2019

What is Free Credit Card Processing?

Free Credit Card Processing” or “Zero-Processing Fees” or No Processing Fees” deals in the method where your customer will pay the fees instead of you as a Merchant for the services availed.


This service is called surcharging credit card where the merchant can pass the fees for processing the card to their customers. And, this plan is sold to merchants in the same of free or no-cost card processing.

So, the charges that seem like “free credit card processing” or “zero processing fees” are actually paid by the customers instead of merchants. In this article, we will discuss such arrangements that revolve around credit card processing.

Does Zero Credit Card Processing Actually Cost Nothing?

As we have discussed, in the case of zero credit card processing the customer has to pay most of the charges.

However, it is not like the merchant is not paying anything entirely. Because there are still other charges to be paid by the merchant such as :

  • PCI Compliance
  • Monthly Fees
  • And many more.

Generally, these plans are designed in such a manner that the processing fees are reduced to “zero” or “no-cost”. However, all the other charges are increased by a bit.

And when a customer is introduced to these prices, it seems like that the processing fees are reduced to zero.

What Does It Cost To Your Customers?

The charges are generally set to 4% or less for the customer as the surcharge of no-cost credit card processing of merchant.

Also, customers are generally charged dynamically and the range is between 3.45% to 3.65%.

However, this is not any kind of hidden charge and your customer will see the surcharge in the receipt on their purchased goods and services. And in such situation, a customer can feel like being charged more than he/she should.

No customer wants to pay extra for any goods and services and if this is the case with you then you can lose customers.

Merchant Stronghold, provide you with an expert who will customize the perfect deal for you depending on the industry your business is in. Contact us at the toll-free number +1 (888) 622 – 6875 and get the required services that you are looking for as a merchant. We also offer assistance regarding high-risk payment gateway and merchant account services.

Tuesday, July 9, 2019

Expand Your eCommerce Business Globally

Study your Targeted Market
If you are just starting out then put a few items on the sale. Do not rely on commerce entirely. Focus on the main business first and then slowly move towards e-commerce. Starting small can help you understand your market very well.


Here are the key points to know about your Target Market.
  • Start slowly with E-commerce Business. Put your prime focus on the main business at all times
  • Take notes from your small start and point out the fields where you need to work first.
  • Mark out the countries where your business can flourish.
  • Target the countries with better economy and study their business norms.
  • Learn about the customers and what they are looking for in your product.

Consider Various Payment Methods for your E-commerce Business

If you are dealing in different countries then your business will surely include foreign currency. And to avoid any conflicts in the future, you need to normalize the price of your product to match the demands of the customer from different countries.
  • Sometimes, the customer likes a specific product but does not purchase it. Simply because their preferred payment method is not available.
  • It is ideal to use the local currency to get revenue from a specific country.
  • If you are not ready to deal with a different currency then make sure to give the currency conversion option so the customers can see what they’re paying.
  • Choosing the right payment provider for your overseas transaction can be a tricky job.
  • While choosing the payment processor, make the security of the transaction your priority.

Plan your Big Entry

Start Small on Existing Market Place
You can start small with the existing e-commerce platform like eBay. As we discussed, a small start can be ideal for a business that is just entering the E-commerce platform. Moreover, starting small gives you plenty of time while making a transition from store business to e-commerce.



  • Small start allows you to test your product online.
  • Also, you get the appropriate amount of time to focus on your main business.
  • Choose a popular marketplace for your E-commerce Business for International Sales.
  • Get more information visit website ask our experts team.

Saturday, July 6, 2019

Choose the right Payment Processor for Small Business

These steps can guide you to choose the best Payment Processor for Small Business:

Make sure you know what you need
After determining your business model, identify your needs in terms of the payment processor. Make a checklist and ask the following questions to get the ideal Payment Processor for Small Business:


  • Do you own a business with a storefront?
  • Does your business include traveling?
  • Where your market is and what kind of customers you have?
  • What is the currency that you usually deal in?

You can create some of your questions to determine and create a business model. You know the technology has advanced. Furthermore, figure out the payment method you use or want to use for your business in the coming days. This will help in narrowing down which Point of Sale solution you would be pursuing and save you a lot of time.

Look through different Payment Processors

Do not give in to the first payment processor that you come across. Juggle the market; check out the different services depending on your needs, ask whether you can get some customized service according to your business type. Also, look for the service that matches your requirements.

Stay Away from “Merchant Discount Rate”

Many payment processors come to the merchant with their attractive discount plans. But we advise our customers to stay away from these attractive plans. Here are the reasons why avoiding discount plan is better:

There are always some hidden charges.
The merchant gets mesmerized with the discounts and forgets to read the term and conditions.

Less money means low security

Do read the entire term and condition before purchasing your product or payment processor. When comparing pricing structures ask specific questions about these fees to ensure you’re fully aware of all the charges you could potentially incur.

Put Security as the First Priority

As a merchant, you need to keep you as well as the customer’s money safe. Also, the chargeback is a much greater concern than you realize. The secure payment processor can help you avoid Chargebacks. And as a small business, you need to keep your chargeback rate less.

If you having similar questions then feel free to contact our team at Merchant Stronghold.

Monday, July 1, 2019

Credit Card Processing with Payment Gateway

Comparing and then choosing the credit card processor for your business can be beneficial for your business. Here is a guide that you can use to choose the best credit card processing with a payment gateway.


A Processor that Offers Business Specific Services

Does your business require mobile processing? Or online transactions? If yes, then look for your Payment Processor to fulfill your demands first.
What is the size of your business and your monthly transaction value? This can help you choose your chargeback limit according to the need.
Read the contract very well and then sign the papers after a complete evaluation.

A Service Provider with 24/7 Support

Credit Card Processing with Payment Gateway is your necessity.
But make sure you get sufficient support as well.
This means the Payment service provider should also offer good support in case of an issue.
And do check the services provided by the payment processors in the case of disputes and chargebacks.

Ask for Additional Fees and Other Service Charges

Do not forget to ask the details related to the Service Fees.
This includes the additional fees, PCI Compliance, and other charges.
Also, compare these charges of various Credit Card Processing with Payment Gateway to choose the under budget service.

Choose a Combination Depending on your Need

After evaluating all the service providers and their charges, you will be able to finalize the one that will work the best for your business.
A good Credit Card Processing with Payment Gateway for your business will be a combination of all the above-mentioned topics.

Payment Gateway vs Payment Processor 

Payment Gateway – A Gateway that simply allows the merchant to access the e-commerce market by allowing the transaction. This is an online point-of-sale for the business. You just need to have a merchant license and merchant account. Then you can get a payment gateway for your business.

Payment Processor – As the name suggests, they process the transactions by exchanging data between merchant and bank. Also, a payment processor will also provide credit card machines and other equipment you use to accept credit card payments.

If you need help while choosing a payment processor then you can contact Merchant Stronghold. We will provide you with an expert to guide you in the right direction and get your up and running in 24 hours.

Sunday, June 23, 2019

Guide for Offshore Merchant Account Buyer's

The term ‘offshore’ is basically used to describe banks from countries other than home country or foreign lands. An offshore account is like any other merchant account opened in any country other than the merchant’s home country. The main benefits of an offshore account are the security and the option of accepting major currencies. It also helps the merchant in increasing revenue due to tax relaxation, provides greater privacy to merchants and helps in gaining more customers (major currency acceptance).


Popular Among Merchants

E-commerce and offshore accounts are highly linked as merchants, irrespective of their industry types. It aims at attracting a majority of customers and look for maximizing sale to earn good profit. To achieve this, the merchant needs to have a merchant account that accepts the majority of credit cards. But it is not that easy to open a merchant account, as it includes many requirements and lengthy procedures, which is not the case with an offshore merchant account. Most of the businesses like to maintain an offshore account as it provides many financial and legal advantages to their client.


Most of the merchants choose offshore accounts over merchant accounts for various reasons. Few of them are below:
  • Hassle free procedure
  • Low taxes/ tax relaxation
  • Low initial costs
  • International Reach
  • Different currencies
  • Major credit card acceptance

Why are Offshore Accounts so Popular?

No matter how small or big business you own, any merchant can get an offshore account. Especially, merchants who are planning to set up an online business, irrespective of their size, prefer offshore account over merchant account due to low initial cost.

Every merchant running an online business wants to hit the international market at a certain point of growth. An offshore merchant account makes the acceptance of various currencies as well as credit cards much easier. Although, merchants who are dealing with local customers with the prime objective of capturing the domestic market don’t get enough benefits from offshore merchant account as compared to the merchant targeting the global market.

Wednesday, June 19, 2019

What are Low-Risk Merchants & Industries

Low-Risk Merchant

Prior to applying for a merchant account, you must know if your business comes under low-risk. Reason being, merchants in our payment processing world come under low-risk, medium-risk, and high-risk categories. various factors collectively decide the risk category for a particular business. For an example, while reviewing the business it is reviewed that how much risk is involved in the business, what is their risk level, which is the country wherein they got incorporated and their processing history and so on.


The following criterion is a perfect match for any business that falls within the low-risk category –

Monthly Processing amount lower than $20,000 is processed by you.
The average size of the ticket that you possess is lower than $50.
Your chargeback ratio is quite low.
The industry that you cater to reflects a lower risk.
The country of your incorporation falls within a low-risk category.

Common Low-Risk Industries

When you choose Merchant Stronghold for your Low-risk Merchant Account you get an Affordable,
Point of Sale or E-Commerce Solution with Fast approval and you can start receiving payments from almost all major cards and from Checks as well. You not only get this thing but you get dedicated customer support and assistance for the desired growth of your business.

Some examples of Low-Risk Industries include:

Home Goods/Retail Shop
Pet Supplies
Movies, CD’s and Books
Beauty & Health
Office Supplies
Online Apparel And Many More.

We at Merchant Stronghold offer an opportunity for real-time processing of a payment, secure and easy processing of payment with SSL and PCI compliant Gateway, and Woo commerce, Shopify, Plugins, and API integration with your E-commerce website so that you can start accepting payments easily through your website directly.

Wednesday, May 15, 2019

How to Find a Good Document Preparation Merchant Service Provider?

The best advice is to communicate with the people in the same industry as you are and gather knowledge about the credit card processor. Make a list of it or check the services provided by them. Also, see the reviews of them or give them a call and talk to them about your queries. And, it is always better to invest your time at the initial stage and choose the right service provider rather than regretting your decision later.


Merchant Stronghold is one of the trusted names as document preparation merchant service provider and offers high-risk merchant account documentation service for businesses dealing in:
  • Debt Counseling
  • Student Loan Consolidation
  • Finance Industry
  • Medical Industry
  • Legal Industry

Services offered by Merchant Stronghold are:
  • MoTo (Mail order/Telephone order)
  • Recurring billing
  • E-commerce account

Simply complete our online application form. In addition, our well-qualified team will help you with the document preparation and board you within 48 hours. At Merchant Stronghold. We make sure to provide the best services at a very reasonable price.

Monday, May 13, 2019

Find the best credit card processor for your Identity Restoration Business

Are you running an Identity Restoration business? If you are then you need a merchant account to accept credit card and debit card payments. Your merchant account works as a bridge between your bank account and the customer’s bank. When you get a merchant account, you are required to follow rules and regulations established by credit card companies and your bank. This includes a number of fees associated with both the accounts.


There are various fees associated with a merchant account, some of them are based on percentage and others are on an item basis. Some of the fees are set by issuing bank while others are by merchant and credit card companies. It is necessary to understand fees associated with an account to run your identity restoration business successfully.

Fees associated with a merchant account

Cancellation fee: It is charged when you send your contract with an online merchant account before the due date of your contract. Not all the providers require a contract, but those who have this police ask for a cancellation fee.

Chargeback fee:

When money is returned to the customer. This fee is initiated by the bank of your customer, often because of fraudulent transactions. A chargeback is one of the reasons why merchants around the globe lose thousands of dollars. It is a fee that merchant account providers take for processing the chargeback request.

Gateway Fee:

It is a monthly fee to keep your merchant account. This fee is a charge to maintain your online merchant account. Some online payment gateways don’t charge money, while others may charge as much as $20.

Monthly minimum:

This is the amount your account is required to process on a monthly basis. The fee is charged to maintain the account, but if you don’t exceed the minimum, then the merchant account provider will charge you accordingly.

Statement fee:

A statement fee is charged by all the online merchant account providers. This fee is associated with your statement and it is taken at the end of the billing cycle. You will pay between $7 and $10. It is charged when you get a paper base or paperless statement.

Transaction fee:

As the name suggests, it is a fee that is charged every time a transaction is processed. Usually, it is between 20 and 25 cents. This fee remains the same no matter how big the transaction was.

Address - 10300 49th Street N Suite 427 Clearwater, Florida 33762
Email ID - info@merchantstronghold.com
Contact No. - +1 (888) 622-6875.

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.

Tuesday, April 30, 2019

How to Secure Your Payment Processing?

Payment Processing: Nowadays, there are a lot of e-commerce and m-commerce transactions; opening doors for cybercriminals. As a merchant, you need to confirm that you provide the best payment security and that your customers don’t have to worry about their data. Customers usually cannot select their own payment gateway, so it’s up to you to make the best and perfect choice for them.


Credit card payments are still the most ordinary type of payments, but woefully with the growing number of online payments, scammers are also growing. Data thieves have a huge amount of command on how new technologies work, so they are always looking for the unprotected points of payment processing.
There are a lot of ways to secure your data and prevent it from being stolen. Given below are some of the ways:

SSL PROTOCOL
Each and every transaction should be secured with SSL protocol. SSL helps to encrypt the information so that the card details and all other sensitive and important data is secured. It, of course, improves payment security but also makes customers more eager to for the purchase.
A padlock icon in the URL bar symbolizes the SSL, and the web address starts with https.

ADDRESS VERIFICATION SERVICE
You can also use an Address Verification Service, which requires customers to give the billing address connected with their credit card. If the address on the card matches with the one in bank’s documents, the transaction will go through. Many companies have a problem of controlling the location and storage of their payment data, but almost 42% of the companies claim that payment data is at serious risk when it is stored. A Global Study on the State of Payment Data Security shows that over 50% of organizations had a breach involving payment data within the past three years.

3D SECURE
3D Secure gives extra security to transactions and comes with so many benefits. 3D Secure creates a secure password for the merchant’s credit card. Each and every transaction is then verified with a password, which adds an additional layer of the security. It can decrease the number of fraudulent transactions and boost your earnings.

We, at Merchant Stronghold, will help you secure your payment processing in order for you to provide the best payment security for your customers.

Friday, April 26, 2019

What is PCI Compliance & How does work?

Payment Card Industry (PCI) compliance refers to the technical and optional standards that businesses must follow to ensure that credit card data provided by the cardholders is secure.


The compliance is enforced by the PCI Standards that set the guidelines. Furthermore, it needs to be enforced by all the merchants and businesses irrespective of their turnover or growth and the number of credit card/debit card transactions they are dealing with. They have to follow the guidelines of PCI compliance to secure the sensitive information of their customers. This reduces the likelihood of theft of financial and personal data.

HOW DOES PCI COMPLIANCE WORK?

PCI DSS keeps itself updated with new norms to keep new threats at bay. Its guidelines are implemented in both, the administration and technological part of the merchant business. Hence, you will have to keep your website updated regularly and make sure the payment deals are in accordance with PCI compliance. This will prevent data theft and ensure the smooth running of your business. This is the major importance of PCI Compliance.

The companies or merchants are divided on the basis of a number of credit/debit card transactions, which they have to deal with periodically. On this basis, merchants are divided into 4 different levels. Level 1 is for the merchants who process the highest number of transactions every year. Whereas, Level 4 is for the merchants with the least number of credit/debit or bank transactions.

The eCommerce merchants who are accepting, processing, storing or transmitting credit card information have to be PCI compliant. This is for the safety and security of their customers and theirs’ too. Also, by becoming PCI compliant they undergo PCI audit procedures to meet the requirements of the latest PCI guidelines.

While conducting the business, it’s the duty of a merchant to keep the data safe of both the customer and the business itself. With PCI Compliance they get this service. However, there is always some risk for which you would need an expert to guide you.

Monday, February 4, 2019

What is difference between US and European Merchant Accounts?


US Merchant Account


Initially, only US banks were providing the credit card processing services to the e-commerce merchants or other stores. After seeing the successful growth in online selling, the banks also started providing e-commerce merchant services for online selling to the merchants.


Now, there are several US banks that offer E-commerce Merchant Accounts, credit card processing services, and other transaction services. And this rise in the number of banks affected the prices and grew to be bargain-able or competitive. Also, if the merchant is not a resident of the US then he cannot get a Merchant account. But, all this comes to an end when European e-commerce merchant accounts came into existence and became available for Merchants.

European Merchant Account

In order to have a European Merchant Account or credit card processing services, a merchant does not require to be a US citizen, which means you could get a Merchant account from anywhere in the world. The European Merchant Account provides an award-winning gateway to the merchants. Now the Merchants have two options, which are the US and the European Merchant Accounts, to choose either one of them according to their convenience.

DIFFERENCE BETWEEN THE US AND THE EUROPEAN MERCHANT ACCOUNTS

Pricing
There is a huge difference in the prices between the US and the European Merchant Accounts in terms of the gateway, setup fees, and discount rates etc. The European merchant accounts are way higher in prices than the US Merchant Accounts. The cost of the US Merchant Accounts decreased due to the high competition among the US banks. Unlike US banks, there is no such competition for the European Merchant accounts which leads to a higher cost. European Banks offer their services all over the world while the US banks provide their services in the US only.

Quality
In terms of the quality of the services, both the banks are equal. Both the US and European Merchant Accounts offering the same credit card processing services like VISA and MasterCard etc. Even though the banks are using the best credit card processing services and security services there also be a possibility of scams. The quality can be checked in terms of the time of approval, safety, and security etc. As we are all aware that a different gateway technique is used by every credit card processing service, which helps to keep the data safe. Also, there is no difference in the time of approval between both the US and the European Merchant Accounts.

Account Setup and Monitoring:
Availability

Saturday, December 1, 2018

Reliable Merchant Account for Technical Support Business

Merchant Stronghold is here to provide you with a great way to reach your tech support success. Not only will you be able to get a very good payment gateway solution via our services, but you will find it a lot easier to deal even with high-risk business partners. We know that this can be a challenge for you so even if you want to set up a merchant account in the US, we will be here for you to offer the help, support and guidance that you might need at all times. Take your tech support business to new heights with a stellar merchant account and a better exposure to new markets; Contact the Merchant Stronghold services today!


Why do you need a payment gateway and merchant account?

If you want to have a high class, compliant tech support company you need to do all you can in order to streamline your financials. Not all support companies out there tend to deliver the utmost value which is why it can be nothing short of frustrating when a merchant problem appears and your business can’t get paid. Plus, many companies use only specific payment processors which make it even harder to get paid.

Thankfully, Merchant Stronghold will help you deal with all of that in a very professional manner. No matter if you deal with companies from another state or high-risk businesses in your own country, we are here to assist and we will offer you the best financial solutions on the market.

If you have to know more information about Technical Support Merchant Account. You can go to the website and contact us in this number @ +1 (888) 622-6875

Wednesday, September 26, 2018

High-Risk Merchant Account for SEO Industries

If you are offering digital marketing services, you have come to the right place. Online marketing services such as SEO, SMO, SMM, website design, and development are businesses where a merchant account is a prime necessity.


Of course, it’s a digital age and you can’t tell your clients to send you a cheque. It will surely be a stunner for your client. Even you will think twice before putting alternatives in case you can’t accept payment online. So, it is crucial to make use of all the payment accepting ways so that things can go smooth. And, your clients can stay happy and satisfied.

Who Requests a High-Risk Merchant Account?

SEO / SEM and Web Development organizations are commonly categorized as high risk in the credit card processing business. In fact, the label high risk applies to any business with one or more of the following characteristics:

  • A history of high chargebacks,
  • Irregular very high-ticket sales,
  • In an industry that US sponsor banks and processors are unwilling to support,
  • Highly regulated industry,
  • An industry with long delays between billing and delivery of the good or service, or
  • An industry that relies upon recurring billing, free trials, or memberships, or

With respect to web development, SEO, and SEM businesses, typically they have large ticket sizes (aka large average transactions), they have a significant delay between billing and delivery of the good or service, and as a general rule, most US sponsor banks are unwilling to write these businesses. For those reasons, SEM, SEO, and Web Design / Development businesses are almost universally characterized as high-risk businesses, meaning they need a High-Risk Merchant Account.

Familiar with Online Marketing Industry

While any business involved in web marketing is an appropriate fit for our High-Risk Merchant Account, startup and existing businesses in the following sub-industries are some of our most common clients:

  • Search Engine Optimization
  • Search Engine Marketing
  • Email Marketing
  • Website Design
  • Template Design
  • Web Development
  • Software Development
  • Mobile & Desktop App Development

Contact us to start an SEO Merchant Account with Merchant Stronghold in as little as 48 hours!

Tuesday, September 25, 2018

E-Cigarette Merchant Account for High-Risk Industries

For E-cigarette businesses, it is difficult to get a merchant account. They must accept credit cards payment processing for your high-risk business. If you have a web eCommerce store, it is surely difficult to discover a merchant account provider. You should also be careful about payment processors who charge high rates and service fees. It is essential that you find an easy and respectable Merchant account, provider.


Merchant Stronghold spends significant time in helping E-Cigarette and Vapor Products get validated for low rate merchant account processing. We work with both on the web and retail businesses! Our operators are trained & prepared to deal with your particular needs and answer the majority of your inquiries.

Merchant Stronghold has made exceptional plans with our processing associates to provide a low rate High-risk Payment Gateway and additionally purpose of offer machine to require the necessities of your developing business. Regardless of the possibility that you have been turned around different suppliers for any reason, there is still a very good chance Merchant Stronghold can help you get your Merchant Account approved.

Online retailers that offer vapor items such as vaporizers, tanks, e-juice, starter kits, E-Cigs, and other related items online are among high-risk merchant account. In common all online e-commerce business is high risk. As credit cards are absent, that is increasing the risk of fraud.
To stoke the fire, Vapor Retailers and Ecig Merchants that offer online go out to a member of pitching to minors. Thus, most banks would prefer not to guarantee the danger of this High-Risk Merchant Account. Other outsider processors, for example, Paypal are always shutting Ecig and Vaporizer dealer accounts.

You might get lucky and keep your account for several months. It’s only an issue of time before they do an inner review for you and understand that you’re offering an item regarded as restricted by Paypal. When Paypal discovers you, keep an eye out, in light of the fact that you will be closed down and any assets in your Paypal record will be solidified and come back to the client.

If you’re running high-risk business industries and you need a merchant account & payment gateway for your businesses. This is very important for payment gateway for customer transactions. Some merchants don’t know, how to open a secure merchant account processing. Merchant Stronghold for open a high-risk merchant account for all type of businesses.  

Sunday, September 9, 2018

Set up Merchant Account easily with Merchant Stronghold

Setting up a merchant account is critical and for the most part, it isn't so much that difficult to do it either. What makes a merchant account great is the fact that it allows your organization to accept both credit and debit card payments. Ordinarily, you should have either an agreement with the bank that they procedure credit card payments or you can work with an independent sales organization, MSP et cetera. Either solution works as long as you collaborate with a dedicated financial institution and have a designated point of sale system.

The primary thing you need to do

Decide the manner in which credit card payments will work for your company. This implies you have to make sense of the kind of credit card payments that you need to accept and how you accept those payments. You have to check whether you accept website payments If you want to use a POS solution or mobile payments. You will also have to consider the amount that you get from credit card sales, to begin with.

Aside from that, when you create a new merchant account you will need to think about the merchant payment processing and you will also have to make a comparison between all the services offered to you. This way you will be able to see which one actually delivers the best value for your money, so you should consider that as fast as possible. Each merchant account provider has a flat rate that will be charged each time a payment is processed or it might have a percentage fee based on the total transaction amount.

Stay in Control

Sometimes you will see that merchant provider options will have software and payment acceptance solutions. Of course, if you do opt for these merchant services you still need to have something that allows you to be in control. It might be challenging at first, but results will end up paying off quite a bit which is exactly what you want to focus on here. Having control over the way your customers pay is very important to try to keep that in mind.

As you can see, setting up a merchant account isn’t that challenging, to begin with. It will take some time though, so try to keep that in mind and it will help you quite a bit which is exactly what you want to have!