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Showing posts from November, 2018

Let's Understand Features Provide By Authorize.Net

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Here are the features of Authorize.Net that are discussed in brief. For more details or any query get  Merchant Stronghold  executive to assist you. Advanced Fraud Detection There are various filters and transaction filters that can be added to avoid frauds. Authorize.Net also offers IP address, regions or transaction from a specific location. Secure Customer Data By using Authorize.Net services, the customer can save their payment information and use them every time they make payments. And, the data entered or stored by the customer remains safe from any exploitation. Payment Types If you are looking for expanded payment methods then you can choose authorize.net. They offer EMV chip cards, digital payments, major credit cards, signature debit cards, e-checks and more. Recurring Payments Recurring Payments can give the sleepless night to a merchant as they have a high chargeback rate. It also gives independence to the customer to make payme

What Is Transaction Descriptor Or Merchant Descriptor

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This means, for a merchant, the transaction descriptor is far more important than to a customer. An incorrect or non-informative merchant descriptor can lead to chargeback, which is, even more, worse for the business. This article contains all the details necessary for a merchant regarding the Merchant Descriptor. WHAT IS TRANSACTION DESCRIPTOR OR MERCHANT DESCRIPTOR? It appears on the credit card statement or any other bank statement of the customer that contains details of the company and merchant involved in the particular transaction. The purpose of the merchant descriptor is to identify who the payment was made to. Whenever a merchant goes for the merchant account , he or she is asked to provide the merchant descriptor as well. WHAT ARE THE BENEFITS OF HAVING TRANSACTION DESCRIPTOR OR MERCHANT DESCRIPTOR? Having a transaction descriptor can save the merchant from a chargeback. This is the most important benefit of having the transaction descriptor. A d

What are the E-Commerce Website Compliance Requirements - Guide for Merchants

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You must then understand that E-commerce websites are not like any other websites. They need to created, designed, and optimized according to the market demand. If you are a merchant and need guidance with the basic E-Commerce website requirements then this article will provide you with all those details. Furthermore, get in touch with Merchant Stronghold for further information. MANDATORY  E-COMMERCE  WEBSITE REQUIREMENTS When selling your goods and services using a website, you need to follow some rules of the E-Commerce business. Otherwise, you will be barred from continuing any business online. Some of the mandatory website requirements for E-Commerce are listed here. TRANSPARENT TERMS AND CONDITIONS Providing all the details related to your business is important not only for the customers but also for the business. A customer or any user can report the website if you are not providing the terms and conditions properly. It helps the customer to understan

What are the Common Merchant Account Complaints

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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

Few Things you Should Know Before You Open Merchant Bank Account

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Open Merchant Bank Account – You thought about growing your business and want to start using the card transaction for your products? The first thing that you need is to Open Merchant Bank Account. And, if you are just starting with the payment processors and card transactions then the procedures can be tricky sometimes. For guidance, you need an expert or specialist. You can get such services by calling our toll-free number +1(888) 622-6875. We at Merchant Stronghold also provide help to the high-risk merchant and their credit card processing. Furthermore, you can read this article where we are going to tell you details related to the merchant bank account. What is a Business Bank Account? – Open Merchant Bank Account 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 t

Open Instant Approval Offshore Merchant Account with Merchant Stronghold

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Merchant Stronghold is well known for its services and fast processing system for the High-risk offshore merchant account. We have been voted #1 High-Risk merchant service provider in the year 2015 and 2016. If you are looking for the offshore account for your high-risk business, you have reached the right place. We provide hassle-free all-in-one  merchant account  that includes everything that a high-risk offshore merchant requires to process successfully, which includes: Debit card processing Credit card processing ACH Processing  Payment gateways Chargeback management services Merchant Stronghold also provides facilities that make accepting payment way easier, these facilities are: POS machine service Virtual terminal Online setup Merchant Stronghold  is in the market since long and has maintained good repo by providing best services to our clients. Our commitment to excellence drives our interactions with clients, customers and each other which helped us in

Let's know about Cons and Pros of Merchant Services

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Professionals of High-Risk Merchant Account – Getting a "High Risk" Merchant name are not longed for. There are many businesses that are considered as a high-risk business and numerous payment processing organizations would prefer not to work with them. However, now and then, we disregard the advantages of having a high-risk business. CONS OF HAVING A HIGH-RISK MERCHANT ACCOUNT Now a business owner has to get a merchant account. This account is used to carry out the transactions of the merchant. Now if your company has too many numbers of chargebacks then your account will be referred to as a high-risk merchant account. There are many reasons a merchant do not want to own a high-risk merchant account, these are: Excessive Chargeback Fees – The Bank already considers that the high-risk business will produce a number of chargebacks. In order to deal with the chargebacks, bank charges extra chargeback fees to deal with them in the future. Need to create a Merc

Difference Between USA & European Merchant Account

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DIFFERENCE BETWEEN THE US AND THE EUROPEAN MERCHANT ACCOUNTS – MERCHANT STRONGHOLD: 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.