High Risk Payment Gateway Solution For Merchants

The Most Popular Platform or Payment Gateways Globally

Authorize.Net: It has a huge base of more than 370,000 merchants for streamlining fast and secure transactions. It doubles as a virtual POS solution and supports wide interface integrations on big and online small businesses. A wide range of PSPs worldwide also trusts it.

Stripe: Stripe is an online high-risk payment processor, which is designed especially for small online businesses. It has a vast selection of integrations, features and transparent pricing schemes. It is a convenient platform for accepting credit card via online channels. It can handle all the backend processes involved in online payments like security and automated features.

PayPal: PayPal is built on the technology that enables users to accept credit cards as well as process mobile and retail credit cards. It is great for global companies, accepts 25 currencies from 200 countries and territories. PayPal can be integrated with shopping carts, CRM solutions, eCommerce platforms, and accounting tools to propagate the operations

PayU: This gateway is very popular across Indian businesses. It focuses on the merchant needs with consumer shopping behavior. It offers innovative options that will help companies receive the money they’re owed as quickly as possible. It comes with tokenization feature and fraud management system too.

Skrill: Skrill is easy to use a payment processor that lets you control your online transactions. Designed for new featured businesses it processes the payments fast and securely as well as provides accountability for them.

We can help you to provide High-Risk Payment Gateway, High-Risk Merchant Account and other Merchant Account related services. Get in touch @ +1 (888) 622-6875. Also, you can Email - info@merchantstronghold.com

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.

Few Effective Tips to Reduce Shopping Cart Abandonment

Reduce Shopping Cart Abandonment – Shopping cart abandonment is a real issue for e-commerce merchants. According to recent statistics, as much as 70% of the customer leave the cart before making a purchase in an online store. It can be due to multiple reasons or just one that makes the customer lose interest in your product and leave without buying.

But you should not worry, there are some effective methods that would help reducing cart abandonment percentage. Even a small percentage can make a huge difference. This article will provide you with such details. Also, feel free to get in touch with an expert at Merchant Stronghold if your situation is a bit serious and you need an instant difference in your ROI.

1. REDUCE CHECKOUT STEPS AND CLICKS

Make sure your check out procedure is smooth that doesn’t include suspicious extra steps. There is a high chance that customer may change his mind if the checkout takes a lot of steps.

Tips to Reduce Checkout Steps to Further Reduce Shopping Cart Abandonment:

Also, given the option to add postal address details along with other required personal information.

Ask the customer to Sign Up or Sign In before going for the shopping.

Give an assurance of safety of the user’s information.

Offer guest purchase without signing up, as you cannot force a customer to create an account with you.

Doing all these will reduce the checkout time for the customer as the customer is not required to enter personal details at the time of the purchase.

2. ENSURE THE SECURITY OF PERSONAL DATA AND PAYMENT INFORMATION

Security is very important when it comes to online shopping. When you are asking your customer to enter their personal data, they are going to be a little hesitant. It is the responsibility of the merchant to build the trust and safe environment for the customer to make the payment.

For that, you can add trust logos to your shopping platforms along with the security. Also, make sure the trust logos are clearly visible to the customers.

For more such tips, feel free to contact the experts at Merchant Stronghold. You can try the toll-free number i.e. +1 (888) 622 – 6875 or the 24/7 email support. We also provide assistance for a high-risk merchant account, offshore merchant account, and merchant gateways.

Accept Multiple Currency with an Online Merchant Account

Multi-Currency Merchant Account 

Having a multi-currency merchant account can be a very easy way to increase the sales for a business from the international buyers. The Multiple Currency Merchant Account or Multi-Currency Merchant Account allows a merchant to display the prices of products and services in a different currency. This means the buyers can choose the product from the list and make the payment as per their currency. This also helps Merchants to increase revenue.

It is very much required to have a multi-currency merchant account to accept the payment as the world is becoming a single marketplace. In order to sell products and services to global buyers, US sites are on the top till now. We at Merchant Stronghold offers the Merchant Accounts for your businesses as well as the 24/7 services. In case of any issues or queries related to the account setup or another technical glitch, you can visit us at merchantstronghold.com.

BENEFITS OF MULTIPLE CURRENCIES MERCHANT ACCOUNT – MERCHANT STRONGHOLD:

For Merchant:

• Increase In Sales: As a Merchant, if you display the prices in different currency then it helps in increasing the sales globally.
• Higher Conversion Rate: While shopping from a website a buyer does not need to focus on converting the price into local currency. The only focus should be on buying product or services and making payment in their local currency. Using Multiple Currency Account gives you a higher conversion rate of shoppers to buyers.
• Reduced Chargebacks: Transparency in currency makes it easier for the buyers to make a purchase, which in turn reduces the chargebacks. Also, a reduction in other service queries from the buyers, as Merchant showcases that they care about the buyer’s shopping experience.
• Enhanced Buyer’s Trust: As the buyer becomes more comfortable in buying any product or services in their local currency. So this builds the buyer’s trust or enhances their loyalty towards the merchant.
• Reduction In Expenses: Using Multiple Currency Merchant Account reduces the processing fees or expenses. Also, lowers the foreign exchange risk.
• Competitive Advantages: Multiple Currency Merchant Account gives you the provision of being top of the competitors as well as, makes your customers visit again and purchase more from your site.

In order to resolve these queries, you may directly contact Merchant Stronghold Support. You may also visit us at merchantstronghold.com for further assistance. Also, we assist you in getting a merchant account for your online business with the 24/7 support. So, there will be no need to manage your merchant account on your own as our experts will do the job for you. For more details visit app.merchantstronghold.com

Advantage of Mobile Payment for Transportation Service Providers

if you are traveling to big cities, local commute (taxi or car) is the option most of us would like to opt for. Your taxi driver may only accept cash payment which may cause you trouble like no cash, shortage of change, security issues etc. So it is better to use cashless payment methods, especially if you are related to the transportation industry.

Advantages

Mobile payment has many advantages over tradition method of payment i.e. cash payment. When you are in the transportation industry, there is a lot of cash flow on daily basis, which most of the time is with the drivers as they are on road, providing services. It is not possible for the drivers to come back to the main station to deposit cash after every trip. So he has to carry cash along with him all day long until he is off duty. Due to which they become a target and may end up in unfortunate incidences (robbery). It is best to use the mobile payment method for security purposes, better services, and greater revenue. Let us discuss a few of the advantages of mobile payment in detail:

Effectiveness

It is very common for a customer to not have the exact amount or a change with him, resulting in wastage of time in arranging the difference for the customer. When you accept the payment through mobile, it merely takes 20-30 seconds to swap the card and get customer’s signature. This will increase the effectiveness of transportation service and time saved can be utilized in serving the next customer, resulting in greater revenue.

Control

If you have more than one driver i.e. multiple drivers, it becomes important as well as tedious to control and manage funds effectively. You need to find out an organized way to watch your money. By using credit card processing, you will be able to keep an eye on payments made by clients, what each driver earned, everything you want to know with the help of an online merchant portal.

CONCLUSION

Apart from these three advantages, there are many more advantages of using mobile payments. The above-listed advantages help service providers to manage his/her business more efficiently, increase profitability as well as provides security. With the help of such payment processors, payment is directly deposited into the merchant account, so there is no chance of losing a payment.

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.

Consult Merchant Stronghold

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.  

If you are starting eCommerce website, Few things should to know

Launching an E-commerce Website

Let’s look at a few things every aspiring eCommerce entrepreneur should know when launching a new online store:

SIMPLE USER-INTERFACE (WEBSITE) DESIGN

A website’s look and feel is the first impression a customer gets of an online business. Neon signs in the window of a brick-and-mortar store might attract customers, but a flashy website design with all the latest bells and whistles meant to impress visitors may not. The more complicated a website the more difficult it is for a customer to find a product. One important rule to keep in mind is “the fewer clicks it takes a customer to get to what they want, the more satisfied they will be with their shopping experience.” On the technical side, many times fancy website design options don’t perform well and may cause visitors to become confused or irritated.

MARKET RESEARCH AND TARGET AUDIENCE

Before launching an eCommerce website, get to know your competition and target audience. Competition for a local business may be limited to other stores in the same neighborhood. Well, competition for an online store can be worldwide. Make sure there is a market for the products or services. Find out if these products or services have something new or better to provide customers than the competition. Target audiences can vary as well since not all people who shop traditional stores shop online.

BUSINESS MODEL B2B AND RETAIL

Business-to-business (B2B) is the sale of goods, services or information to businesses instead of consumers. It is predicted that B2B sales will soon exceed sales to consumers. Of course, online sales to individual consumers, called e-tailing, will continue to be a popular choice.

WEBSITE MARKETING

It’s surprising that some people still believe the myth that, “if they create a website, people will automatically find it.” This worked in the 1989 fantasy sports movie “Field of Dreams” when a farmer heard the words, “If you build it, he will come.” And, it works to some extent for brick-and-mortar stores in attracting the attention of passersby on their way to somewhere else.

CUSTOMER SERVICE & ONLINE INVENTORY MANAGEMENT

It is important for customer service. It’s nearly impossible to ignore a customer when face-to-face in a brick-and-mortar store. But, it’s easier when the only contact us via phone or email. Plus, communicating over the phone and through email can feel more impersonal. In all situations, merchants need to make sure their customer service departments respect and treat their customers well by being open and accessible, responding quickly, fairly and honestly, and providing solutions to complaints and inquiries.

Online Inventory - Just like traditional businesses, eCommerce businesses need to keep track of inventory for the products displayed for sale on a website. Using an automatic inventory system keeps product information and availability up-to-date 24/7. An inventory system is best integrated into a website during the planning and design stages. And, must have built-in protection from fraudsters and hacking attacks.

Tips On Choosing The Best Credit Card Processing Company

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 organization оffеrѕ what уоur business nееdѕ. Alternatives аrе еvеrуwhеrе today. Diffеrеnt choices unravel fоr diffеrеnt needs. Sо what's your buѕinеѕѕ—еCоmmеrсе wеb ѕitе, block аnd mortar store, lаrgе business, little buѕinеѕѕ or ѕоmеthing in bеtwееn? Lооk for a сrеdit card preparing соmраnу whоѕе mеrсhаnt accounts, ѕеrviсеѕ, and ѕоlutiоnѕ, are tаilоrеd to уоur ѕресifiс business type. Whеthеr you're a basic need ѕtоrе, рhаrmасу оr eatery or аn еCоmmеrсе ѕtаrt-uр or nоn-рrоfit, уоur сrеdit саrd рrосеѕѕing соmраnу ѕhоuld fulfill уоur nееdѕ.

Hоw Muсh Dоеѕ it Cost?

Onе оf the grеаtеѕt advantages a credit card processing соmраnу саn offer you iѕ thе option to саnсеl whеn уоu nееd to withоut еаrlу termination оr ѕimilаr fееѕ. Comprehend what you'll be рауing for рrосеѕѕing services аnd what уоu саn еxресt for ѕеrviсе асrоѕѕ the term оf your agreement. Be саrеful аbоut оffеrѕ thаt lооk tоо great tо bе genuine. Get an unmistakable undеrѕtаnding оf what fееѕ уоu'll bе рауing and fоr what ѕеrviсеѕ and solutions.

Hоw long will it take tо set up?

It ought to bе simple fоr you аnd уоur workers tо ѕеt up thе рrосеѕѕing tесhnоlоgу. Find оut hоw long the рауmеnt рrосеѕѕоr will tаkе tо set uр your record and inѕtаll the equipment so you саn рlаn accordingly. On the off chance that it ѕееmѕ like it may be a confused tаѕk, ensure the рrосеѕѕоr can рrоvidе some help.

Whаt is the acknowledged рауmеnt tуреѕ? 

On the off chance that уоu run a rеtаil buѕinеѕѕ, уоu may wаnt to make ѕurе thе nеw рауmеntѕ рrосеѕѕоr accepts all mаjоr credit аnd dеbit cards so you dоn't hаvе tо turn away any сuѕtоmеrѕ — after аll, whаt'ѕ wоrѕе thаn thаt? Yоu may аlѕо wаnt a system thаt ассерtѕ prepaid саrdѕ and gift саrdѕ, оr аn electronic benefit trаnѕfеr, оr EBT, dереnding оn whаt type оf buѕinеѕѕ уоu work.

If your searching credit card processing company. You’re in the right place. We are providing credit card processing services for all type of businesses. You can on our services pages and contact us for more information – Credit Card Processing Provider

What are the difference between Merchant Account and PayPal

Whеn соnѕidеring рауmеnt рrосеѕѕing орtiоnѕ fоr your buѕinеѕѕ, it’ѕ nесеѕѕаrу to undеrѕtаnd how PауPаl stacks up against trаditiоnаl merchant accounts. Payments ассерtеd thrоugh a mеrсhаnt ассоunt for оnlinе transactions are similar tо face-to-face trаnѕасtiоnѕ. You hаvе аn ассоunt with a bаnk оr other finаnсiаl inѕtitutiоn, аnd thе payment рrосеѕѕing соmраnу ассерtѕ your customers’ card infоrmаtiоn thrоugh уоur wеbѕitе’ѕ рауmеnt gаtеwау, securely processes it, аnd dероѕitѕ the transaction fundѕ dirесtlу intо your bаnk ассоunt.

These fundѕ аrе available for уоur use tурiсаllу within 2 buѕinеѕѕ dауѕ. Some kindѕ оf businesses, including trаvеl services & future fulfillment, are deemed tо саrrу highеr levels оf risk аnd may hаvе mоrе difficulty in opening a merchant ассоunt (although if уоur соmраnу iѕ соnѕidеrеd highеr riѕk, Mеrсhаnt Strоnghоld ѕресiаlizеѕ in thеѕе tуреѕ of accounts, contact us tо know more about high-risk mеrсhаnt ассоunt).

PayPal is a tеmрting орtiоn fоr mаnу ѕtаrt-uр companies аnd ѕmаll buѕinеѕѕеѕ because they do nоt сhаrgе monthly fees аnd iѕ frее tо ѕеt up. Instead, PауPаl сhаrgеѕ a fee fоr еасh transaction thеу рrосеѕѕ. Cоmраniеѕ with a lоwеr trаnѕасtiоnѕ volume might ѕаvе mоnеу bу uѕing PayPal as their рrimаrу рауmеnt avenue, but a grеаtеr trаnѕасtiоnѕ volume mеаnѕ thаt PауPаl’ѕ highеr trаnѕасtiоnѕ fееѕ саn соѕt your соmраnу more.

Mоѕt mеrсhаnt accounts соmе with a secure payment gateway to uѕе on уоur wеbѕitе. You can customize thе ѕесuritу levels that dеtеrminе what kindѕ of transactions аrе flagged 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. Рауmеnt card рrосеѕѕing соmраniеѕ аrе hеld to ѕtriсt industry ѕtаndаrdѕ about privacy, аnd will nеvеr ѕhаrе any of your сuѕtоmеrѕ’ dаtа.

Finally, аt least in соmраriѕоn to Merchant Stronghold Ѕеrviсеѕ, PауPаl dоеѕ not оffеr a dedicated account mаnаgеr. 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.

Merchant Account Requirements in the United States

For merchants in the United States, we have listed the requirements of the account application that can help them to be ready with all sorts of documents that will help them to apply with correct documents while filling the merchant account application form:

All the merchants who are based in the U.S. they need to provide the general requirements that are listed below that will help the merchant to prove that she/he is a legal resident of the United States:

Registered business name in the U.S.: The merchant account applicant must be legally incorporated in the U.S. or at least merchant registered its business with the local governance that could give them “Doing Business As” name (DBA).

S. bank account: The merchant should have a running U.S bank account, in which the merchant will get the funds of their transfers deposited.

The physical address of the merchant: A merchant must have a physical presence that is an address of living or doing business that can be verified.

The above document will help a merchant to show their legal presence in the United States, if a merchant has the above necessary proofs, they can apply in the bank for a merchant account that can help them to collect payment through credit cards.

Now for filing the application for merchant account the documents will vary with the businesses risk volume, that is categorized with the dependence of these factors including nature of the business, monthly processing, previous processing experience, etc. Although, the basic things a merchant needs to fulfill while applying for the account is:

Application Form: The application form that will collect the basic information of the business and applicant. The information includes the physical address, Tax ID, average sales, bank account details, web address, phone number, etc. There is an advance pricing agreement that is regarding the pricing of the products.

Business license: The applicant’s business requires any kind of permit before being sold; the applicant needs to provide the appropriate license copy at the time of application.

Incorporation proofs: if the applicant claims that their business has the existence all over the world, then there is a requirement of providing/submitting the copy of
incorporation paperwork, that proves that business is illegible to collect payment from around the world.

Voided check
W-9 form
Personal guarantee

Other than the document, the businesses that are listed in higher risk categories need to provide these additional details about their business:

Business financial statements: Normally the details of last years of business transactions are required.

Personal financial statements: Again, the details of the last two years of personal account details.

Processing details: If the business has previously accepted the card payments, then at least of last three month of processing of payment details needs to be shared with the processor.
If you are looking for Merchant Account Services in USA. You're in the right place. Merchant Stronghold providing in low rate best Merchant Services in USA .

How Do You Get Off the TMF/Match List?

Match List of Merchant Accounts

It is true, but there is such a thing as a merchant account blacklist. It’s actually known as the MATCH list or “Terminated Merchant File,” (TMF for short). The Terminated Merchant File is a shared online list among processors and acts as a blacklist scrubber, where merchants with high-risk accounts or excessive chargebacks [www.chargebacksecurity.com] and/or terminated for violation of agreement are put on the list and prevented from opening an account with a different credit card processor.

Few Reasons - Merchants could be put on it Match list

• Excessive Refunds and Declines
• Illegal-Product or Advertisement
• Merchant Collusion
• Fraud
• Adult or Porn or Escort Endorsement
• Violation of Terms of Merchant Agreement
• Excessive Chargebacks
• Terrorist Activity
• Money Laundering
• Wrong MCC code Service/Product
• PCI Data Security Standard Noncompliance
• Identity Theft
• Bankruptcy/Liquidation/Insolvency

By far the most common reason for termination amongst Trial Continuity and Subscription Type of Business, The merchant deposited sales that were not authorized by cardholders; most typically in a card not the present environment with recurring charges.

Why Put the Merchant on the Match List - How do to get Off

Merchant’s - Merchant Acquiring Bank. In order to get off the MATCH list, the acquire who put you on it is the only one who can remove you. Merchants are placed on this list because they were found to have violated their credit card processing agreement at some time. Due to this breach, these merchants had been terminated from being allowed to have a merchant account. The master match list is used as a screening tool by other credit card processing companies to see whether or not a business is suitable for a merchant account. Being on this list raises a red flag to merchant processing companies that this company applying for the account may be a high risk.

It is not impossible to get a merchant account if you’re on the MATCH list. Please contact Merchant Stronghold at 1-888-622-6875 and we can find out if you’re eligible for a merchant account and how to help you get off the TMF / Match List.

Few Important Merchant Responsibilities and Pricing

Have you ever seen all the pricing on your Merchant Account Agreements and asked what they mean? Online Business must always read and understand the terms and conditions for their payment gateway. Merchant Stronghold explains the pricing schedule of fees:

Tiered pricing

ERR Pricing (Enhance Recover Reduce)

Pass-through interchange pricing

Pass-through Pin Debit

Tiered pricing: Tiered discount pricing allows you to group interchange programs into different tiers “buckets” and then price those buckets separately based on the range of interchange costs grouped into each bucket.

ERR Pricing (Enhance Recover Reduce): Pass non-qualifying interchange costs to merchants. Using err, you have the option to assess a surcharge to the merchant’s downgraded sales volume. The surcharge is a client-defined percentage that is applied to the downgraded sales volume of participating merchants.

Pass-through interchange pricing: Using interchange passes through allows the expenses associated with interchange fees and dues and assessments to be billed directly to the merchant. If you are using interchange pass through plus, a sale transaction fee and/or a percentage rate would be assessed against the monthly volume and would be billed to the merchant along with the dues and assessments and interchange fees.

Pass-through Pin Debit: Allows you to pass through PIN debit network fees to the merchant. In addition to passing the network fees to the merchant, you need to bill a per item charge, a percent on the volume, and a monthly flat rate debit access fee.

IMPORTANT MERCHANT RESPONSIBILITIES

1. Ensure compliance with cardholder data security and storage requirements.

2. Maintain fraud and chargeback below thresholds.

3. Review and understand the terms of the Merchant Agreement.

4. Comply with Visa Operating Regulations. (Go to www.Visa.com, select Small Business and Merchants, select Operations and Risk Management, select Rules for Visa Merchants)

The responsibilities listed above do not supersede terms of the Merchant Agreement and are provided to ensure the merchant understands some important obligations of each party and that the Visa Member (Acquirer) is the ultimate authority should the merchant have any problems.

In order to comply with all Visa and MasterCard regulations governing Internet Credit

Card sales, Merchant Processing Bank requires that you will not accept credit card transactions through your website and/or e-mail and then manually enter them into your POS equipment or software. You must obtain a separate and secure e-commerce merchant account to accept credit card transactions for products and service purchased through a website or the internet.

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!