Showing posts with label low risk merchant account. Show all posts
Showing posts with label low 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.

Wednesday, July 17, 2019

Confused Between Merchant Account and Payment Gateway?

Merchant Account and Payment Gateway: The Basic requirement for starting up and running a business is having a Merchant Account and a Payment gateway. Both have an equivalent ratio for the smooth and balanced working of the business. A businessman who has really started up with new e-commerce venture requires a point from where he can connect to the customers. Now we need to figure out how?


The foremost thing to run an e-commerce site is to have a proper cash flow in it. Hence, where do we need that money from; from the customer? Any entrepreneur running a High or Low-Risk business requires a Merchant Account and a Payment Gateway.

Merchant Account
A type of an account that allows accepting online payment from the customers through many ways under legal wings of the payment service provider.

Merchant Account is created under the mutual agreement between a merchant and merchant’s acquiring bank, so to further proceed with future online payment.

Payment Gateway:
The next genuine question from your side: What Is Payment Gateway? A payment gateway is a software program that works behind the scene. It is basically a process that enables the flow of the payment securely. It’s a secure way to transfer your customer’s money safely into your merchant account. It’s really very important to have a payment gateway for the following reasons:

  • Prevents your money from fraudulent activities.
  • Creates a trustworthy aura between you and your customers.
  • Keeps you away from any future threat.
  • Maintains a good graph in the competitive world.

Short Review on Merchant Account and Payment Gateway
Above mentioned content shows the nature of the account, now below we can compare both of them:

Merchant Account is an account where the funds are deposited and payment gateway is the channel from which we receive our payments.
Merchant account holders get their amount through the payment gateway
Merchant Account holds the money, which they earn from selling their goods/services and with the help of a payment gateway they get their amount secured under the safety of the acquiring bank.
Payment Gateway gives a piece of evidence for the particular transaction for future Disputes.

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.

Thursday, July 4, 2019

Common Merchant Account Complaints and Deal with them

Every year, a plethora of complaints are registers that badly affect the business of the merchant. In this article, we have listed the Common Merchant Account Complaints and the tricks to avoid such issues in your organization. This article can help you look at both potential risks and rewards of working with a given company.


Poor Customer Service

Now your business and payment processing system cannot be perfect every time. And customer faces an issue with the management. At those times, it is the responsibility of the customer service team to provide the demanded attention to a specific topic. But if the customer support is unable to offer the desired support then the customer has no other option but to avoid the company.
  • In such a case, you need to stabilize your customer support service.
  • Tracking your product and customer reviews should be evaluated.
  • You should take some time to minimize the customer waiting time.
  • And nobody wants to listen to the automated answering service.

Cancellation Issues

This is one of the frustrating Common Merchant Account Complaints faced by the customers. Many times we order a product or service by mistake. In that case, you immediately try to cancel the order on the company’s website.
  • It is difficult to distinguish between the mistakes and the frauds for a merchant.
  • But if your enterprise makes your customer go through a lot of trouble while canceling the order then your business is under risk.
  • Moreover, it could lead to unnecessary Chargebacks.
  • Solidify the rules around the replacement and return of an order.
  • And make sure you provide smooth payment processing to your customers.


Poor Agreement Management

Another complaint that is filed against the merchants is related to the agreement management. That could be related to the poor description, expensive services and many more.

Leasing services are generally non-refundable that further leads to conflicts.
Merchants always pay more when they are renting a terminal than just to outright buying one.
By the time, this all leads to costing thousands of dollars to the merchant.

Misleading Sales Practice

This is one of the worst sales practices. If you wish to lead a long profitable business then never apply such things to your business.
  • For a merchant, sales are very important and to increase sales they try every method.
  • Some merchants try these petty methods to increase sales.
  • But the customer with one bad issue can report the business of this unethical practice.
  • Advertise your product as it is.
  • And if you offer some discount then make sure you clear out the terms and condition to the customers properly.
  • Train your sales agent properly and tell them the customer satisfaction is always the priority.

For more tips and tricks, contact Merchant Stronghold, we always have a team of experts ready to help you with your queries related to the Common Merchant Account Complaints.

Get Merchant Bank Account for Settlement Payment Card Transactions

You can open a Business Bank Account anytime just by visiting the nearest branch. It takes hardly a few minutes to open a merchant bank account if your documents are ready and appropriate.


Even if you are the sole proprietor of the business, you need to create a Business Bank Account.
Now, your business transaction can be carried out using this bank account.
All you need is your merchant license or business license and EIN (Employer Identification Number).
Also, make sure you keep a certain amount in the account for processing fees and software fees.

How to Get the Business License?

The business license is a permit from the government or the responsible organization that allows you to sell goods and services. Depending on your geographical location, you can get a business license by providing the required documents.

  • You need to provide the documents that validate your business.
  • An underwriting and review of the business also need to be submitted.
  • Also, provide details of your standing business.
  • Then after the completion of the formalities, you can get your Business License and Business License Number.
  • These business licenses generally have the expiration date. You may be required to renew the license to continue the business.

Choose for Online Application for Merchant Bank Account

The procedure for opening the Merchant Bank Account becomes very easy by using the online method. You can apply for the merchant account from the web portal and open merchant bank account.

You will be asked to enter your business and company details.
Then your valid business license number will be asked.
You have to provide documents asked by the bank.
And within a few hours, you will be ready with the merchant bank account.

If you are looking for the best merchant account provider? Wait & Meet! Merchant Stronghold. We provides merchant services globally. Today Contact @ http://bit.ly/2VnGCle

Tuesday, July 2, 2019

What is Merchant Processing Services?

In the world of business, the merchant processing service is very important, in simple words, the merchant processing is nothing but the ability of the merchant to accept the payment without any error or issue. The payment could be in different forms such as cash, debit card, credit card, internet banking, and other online methods. These aspects of the business can immediately boost your business or take it down in one go.


If you need guidance with the Merchant Processing services or need to compare merchant processing services then contact the Merchant Stronghold. We provide specialized help for the high-risk merchants, credit card processing, and high-risk payment gateway.

What are the Factors influencing the Merchant Processing Services

Now that you understand the Merchant Processing Services, let’s get to the point and discuss the methods to get the best merchant processing services. Here are some factors that can influence the Merchant Processing or Card Processing Services.

Types of Payment under Payment Processor

The merchant service provider of the payment processor needs to be according to your demand.
You can explore the market with different payment processors and get the one that suits your demands.
Also, you can Compare Merchant Processing Services and payment processing services.

Do not get confused by the payment processors and their offers. Contact Merchant Stronghold for the information to select the best payment processor for you.

Price of the Merchant Processing

The different processor offers different plans for their services. It is your responsibility as a merchant to select the best for your business type. Here are some different pricing methods discussed.

Fixed Rate Plan – This where the merchant works with a business or only one merchant account. You need to pay a fixed amount for the payment processing service.
Leveled Pricing – When the merchant needs to pay a different amount depending on the risk factor. This method can be beneficial as the risk can vary each month and the merchant is not needed to pay anything extra.
Interchanged Pricing – Where the payment processing fees and processors benefits are clearly mentioned in the bill. This is the most transparent pricing system ideal for medium to large business.

Tuesday, June 25, 2019

ACH Payment Processing Saves Time and Money

The ACH stands for the Automated Clearing House, which is an electronic payment system. It is an electronic network for the financial transaction in the United States. The ACH processes huge transaction amount that is debited or credited. Also, the most common uses of ACH are online bill payment, mortgage and loan repayment, and direct deposit of payroll.


ACH is a direct payment that uses the electronic method, which makes it fast and efficient.
It makes easy for the merchant to handle and manage the transaction.
The Credit Transfers are also pushed to the merchant account by ACH by quickly processing the transaction.
This method is proved to be the most secure transaction method for both merchants and customers.

The ACH is proved to be faster than other payment modes. This is because, when using the ACH, a unique routing number is provided that initiates the transaction. The money is then taken from the customer’s account and put into the merchant’s account. It is somewhat like a paper check but faster.

Generally, the ACH takes 2-3 working days to complete, from the customer’s account to the merchant account.
Same day processing is also available for the merchants.
Also, the authorization is fast and secure that is attracting many merchants.

For more information, we recommend you to contact an expert. Call at the toll-free number+1 (888) 622 – 6875 of Merchant Stronghold and get an expert to guide you.

How does ACH Payment Processing Save Money?

Now we know that the ACH processing saves time. It also saves a huge chunk of money as well. When using a credit card, the merchant has to pay a fixed amount to the credit card processor to use their credit card service. The ACH removed this fixed charge because this service is between the merchant and the customer.

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.

Monday, May 6, 2019

No More Struggles With Payment Processing


A virtual terminal is an online application or operating system where a merchant can check his/her transactions and get a detailed inquiry of it. By using the virtual terminal a merchant can accept the payment without physically using the credit card. It will permit you to receive your payment anywhere at any time without being necessarily available there. You can even process the transaction once you get the card details of your customer over the phone or mail. It is the solution which will turn your computer into a payment-processing device. Unlike physical POS counterparts; virtual terminals can easily handle recurring payments.


HOW IT WORKS

  • Processes swiped retail transactions.
  • Card details over the phone or email, manually.
  • Enter ACH transactions, manually.
  • Generates automated response
  • Generates receipts
  • Confirms transaction with the bank
  • Captures previously authorized transactions
  • Confirms transaction status

Electronic Payment Processing
Electronic payment is the process of transferring money electronically from one bank to another bank. All it needs is to install an electronic device called POS (point of sale) for performing the transaction. ATMs also come under electronic terminals that let you bank almost virtually any time. To extract cash, make deposits, or transfer funds between accounts, you generally insert an ATM card and enter your PIN. Electronic payment processing will help to get instant payments right away at the time of the transaction. But it has one flaw, it will restrict you to accept recurring payments and bulk transaction by its limited services but still, it is far better than any other payment process like depositing checks and all.

We can give you the best solution for your business. We Merchant Stronghold provide payment processing without any hassle. We trust you will choose the right merchant service provider for your business. Merchant Stronghold has expertise in getting High Risk Merchant Accounts. If you want to know more, get in touch with Merchant Stronghold.

Saturday, May 4, 2019

Few Things You Must To Know About Credit Card Processing

Credit Card Processing: The Introduction of Square in 2009 and PayPal in 2012 brought the quick-pay system and ease of transaction, since then the E-Commerce business has thrived. Now everyone can accept the credit cards in addition to cash and check, which raises the question, how much should you pay for credit-card processing for High-Risk Merchant Account and payment gateway?


You must make sure that you’re not being looted in the name of special merchant services. We’re here to help you navigate credit card processing and help you get the best rate possible for your business. So, stick around!

Factors that affect the rate:

Privileged services:
Privileged services would not affect the basic rate, but it would surely affect your markup in the name of, PCI compliance, merchant gateway, statement fees and so on. So, kindly take in consideration all types of costs before signing up for an account.

Size of the ticket:
Different variations in your ticket size affect your price. Bigger ticket sizes are considered as high-risk that eventually increase the rate for you.

PCI Compliance:
PCI-Compliance is like a vow to protect the customer’s identity. It is the set of rules, which a company has to follow to keep the personal information of its customers safe.

Other considerations:
Many of the processors will charge you a minimum fee if you don’t meet a specific volume of processing. Many of them won’t show it to you at all. Also, worth noting is that if you have purchased a CNP (Card not present) then you might get a better rate otherwise, you get charged extra.

There is no control over the rates as all the companies have their own entities deciding on the rate. There could be a standard rate decided by a group or a region, but no one can say that the rate could be matched or has a single pricing model for all kinds of companies.

Wherever you can ask, we suggest you ask for interchange-plus pricing. Even if merchant accounts never promote these plans, they often have them. It’s the most transparent payment model which doesn’t have enough margin.

To get more information you can contact: 
PH: +1 (888) 622 – 6875
Email:info@merchantstronghold.com

Tuesday, October 16, 2018

Benefits of E-Checks Payment Processing Services

Let’s take a look at some amazing benefits of E-checks.



COST-EFFECTIVE
Pricey credit card networks can be avoided with the use of ACH as transaction fee is comparatively low. There is no limit on the transaction amount. If any merchant, looking for a cost-effective processor to accept large payments, ACH is where your search ends.

FUNDS
In the traditional paper check method, it might take days to process a check whereas it is not the same with e-checks. Via E-checks funds get transferred faster and more conveniently.

RECURRING PAYMENTS
If a business is working on memberships or subscriptions, it is wise to choose ACH electronic network rather than the traditional method.

IDEAL FOR SUBSCRIPTION-BASED BUSINESSES
There are many benefits to choosing E-checks for subscription-based businesses. Some of them go as follows:

SAVE MONEY
Business can save a huge amount of money from long-term subscriptions. With electronic payments, network exchange fee is not applicable, which in turn helps the merchant to save a lot.

AUTOPAY
Irrespective of a canceled credit card, ACH payment processing makes sure that the customer does not miss payments. Credit card numbers may change rapidly but it is very rare that the account details of the customer will change. With the use of ACH payment processor, it becomes easy to avoid payment gaps.

EASY & SECURE
In addition, it is easy to initialize online e-check payments. A merchant can create a simple and secure form as per the customer’s convenience. Autopay feature can be set within minutes that avoid extra work of writing checks every month.
REWARDS
With the use of ACH, savings are amazing, which can be available to attract new customers while retaining old ones. Schemes like an incentive for customers, rewards, discount offers or cash offers help businesses attract more customers.

If you’re looking eCheck payment processing services. Don’t worry, Merchant Stronghold providing best e-check payment processing services. Contact us today for more information @ +1(888)622-6875.

Tuesday, September 25, 2018

How to open a Bail Bonds Merchant Account Business

Merchant Account for Bail Bonds

Receiving a Merchant Account and processing of credit card payments for your bail bonds business, it can be very difficult. Numerous Credit Card Processors don’t want to work with Merchant services of bail bonds businesses because of the high-risk environment of the service being provided.

All merchants require the capacity to process plastic card such as credit card payments and debit card payments. While many bail bonds organizations are “Cash only bonds”, this can discontinuation the process for clients, and it can magnify those who are in a hurry to free their loved one from custody.

While plastic credit card payments leave a company at high risk for deceptive action, Merchant Stronghold has the best safety features to help you battle these issues. And while every fraudulent issue cannot be detected due to the ever-changing fraudster industry, Merchant Stronghold offers you chargeback insurance to help ease these fears.

In the event that you have a Merchant Account and are fulfilled, that’s great. That is incredible. Be that as it may, you should look at your choices from time to time. The processing business is constantly changing, and not all processors are up to date on the various payment forms that are available today.

From ACH debit charge to i-Check innovation, and Bitcoin is in a process by many. However, not everyone agrees. The greater installment techniques you can acknowledge, the better your notoriety and the better you can serve your clients.

Meet Merchant Stronghold

The Merchant bail bonds business is similar to any other, and it depends on the ability to accept payments. With Merchant Stronghold, the application to do such is rapid and simple. And, merchants can see the acceptance in as little as 48 hours. This time period is inconceivable, yet it is an indication of Merchant Stronghold’s demonstrated commitment to its Merchants.

After the printed material is marked, you can be up and running is two or three days. This encourages you, and your clients, better the business Bail bonds involvement. It is something that no customer needs to do, however many winds up confronting a Bail bonds organization sooner or later. It is dependent upon you to make the procedure cordial and smooth, both through client service and payment processing.

If you own a Bail Bonds business and need to process your Credit card payments call Merchant Stronghold today. Merchant Stronghold has many minimal effort answers for your Bail bonds business. We work with many Bail bonds organizations everywhere throughout the United States. Merchant Stronghold will locate a minimal effort Merchant Account Processing solution for you.

Saturday, September 22, 2018

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.

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!

Wednesday, August 1, 2018

Credit Card Processing for MOTO & E-Commerce Merchant


Since the antiquated time, individuals are exchanging and with time the payment processing, ability and simplicity to acknowledge different methods of payments have also evolved. Let's go down to the basics about the kind of businesses and merchant.


Also known as Brick or Mortar types Merchants, it’s the Retails. They are categorized as low-risk business mainly because retail businesses provide high-level security to the customer as the cardholder is present at the time of purchase. A Consumer can just walk in a store, make a purchase, swipe their credit card and an authorization is obtained. Magnetic strips and now EMV chips are issued on the credit cards. As a merchant, you should retain a signed copy of the transaction receipt.


Example: Hardwood Store, Cakes Bakery, Landscaping etc.



MOTO MERCHANT

Mail Orders or Telephone Orders is the next merchant type on the list. Moto Merchant is categorized in the high-risk merchant if it’s based on a service type business. Moreover, MOTO only merchant requires a few extra steps to obtain a merchant account. Merchants must understand and learn the latest PCI compliance guidelines to be safe than sorry. Moto purchases can be a dispute with many reasons especially fraud, defective goods, wrong size and color, services not provided or merchandise not received etc.

Example: Credit Repair, Tech Support, Law offices, Product based business etc.

eCommerce Merchant 

It’s all about digital marketing and eCommerce these days. It’s not long we might just speak computer languages in our day to day life. Reports show a 400% increase in online sales. eCommerce and Internet-based business are high-risk businesses. The boarding process undergoes a series of credit checks and underwriting before a payment gateway is deployed. This is the reason that the E-commerce Merchant has a tough time in finding the solution. It’s due to the fact that Cardholder and the Credit Card is not present at the time of purchase and there can be many reasons that the customer can dispute on the merchant. Friendly Fraud is the hot topic of late and the next big issue is stolen credit cards. Merchant must be PCI compliant and their website should be compliant too. The website must have an SSL Cert and all terms and conditions must be fully disclosed.

Example: Magazine Subscription, Supplement Products

Merchant Stronghold works with all merchant types and offers a series of products and terminals to choose from Online Virtual Terminal, Point of Sale Machine and even Mobile Swipes for your business.