Posts

Showing posts from February, 2019

How to get rid of poor merchant underwriting

Image
Effects of Poor Merchant Underwriting Your high-risk business may suffer from one or the other reason even without in-depth analysis and these are: Incorrect Limit: You should set limits for your business as per requirement. It should not be too high or too low, as both will put your business at risk. Limits lower than required will hinder the regular processing of transactions. As a result, it may constrict the flow of cash or timely payments from the customer. If a limit is too high, this may lead to unexpected fraudulent charges. Hidden Fee: An additional fee is there if the volume exceeds the limit. However, even if you have set your limit, some providers let it exceed without notification. And they also charge you with a penalty. Downgrades: Once your  high-risk merchant account  is set, you are inclined to transaction downgrades if certain required features and security measures are not set along with the account. Although, setting up these features will cos

Ultimate Guide To Accepting Credit Card

Image
According to studies, business accepting credit card payment is likely to generate more revenue as compared to others. The main purpose of you being in the industry is to earn profit and credit card is a great mode of payment. So, it is better to get a reliable credit card processing before starting off. What do Business Owners need? If you want to accept payments through credit card, the first thing that is must is Merchant Account. To carry out online transactions and validate credit card acceptance, a merchant account is mandatory. A merchant account is like any other bank account with a slight difference; it enables merchant/business to accept payment through various means like credit and debit cards. If the merchant has an online merchant account, so this will eliminate the need for a credit card processing machine or terminals to accept payments. Parties involved in merchant account set up process are: The Retailer Merchant Bank Payment Processor T

Get High-Risk Offshore Merchant Account by Merchant Stronghold

Image
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 attaining 100% customer satisfaction rate. Following are the things that make our service better than the other players in the market: INTEGRITY Integrity, trust, and honesty are the foundation of everything we do as a company. We look for health and long-term relationship with our clients and not just looking for one time sale. TEAMWORK We operate as a team, sharing experiences, resources, and opportunities. We help others when they need it and ask for help when needed. As a team, we along with our clients, workout for best solution which not only meets all the current needs but also meets the need of the near future. INNOVATION We make every effort to translate creative and unique ideas into services, products, or processes that cre

How can Accept Multiple Currencies with an Online Merchant Account?

Image
Having a multi-currency merchant account can be a very easy way to increase the sales for 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:-  Increa