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Showing posts from March, 2019

Visa’s International Service Assessment Fee Policies

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Visa’s International Service Assessment Fees is one of many assessment fees that Visa charges to assess the increased risks of foreign transactions. The ISA fee only applies when the US-based businesses accept a Visa card issued by a non-US bank. ISA (International Service Assessment) The ISA fee applies to all the transactions involving US-based business and a foreign card issuer. Current Visa’s ISA fee is 0.80%. It is a merged fee of the standard assessment fee (0.13%) and the international acquirer fee (0.45%). The Transaction would incur 1.38% in assessment fees. This amount is in addition to the costs of interchange and the processor’s markup. Most businesses want to pay as less as possible for  credit card processing , but let’s get this straight that most of the people usually are not aware if they are getting competitive markup or not. If you want to cut down the costs on the credit card processing, you’ll have to make sure you get competitive markup if not, y

What are the basic needs for an online payment gateway

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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. Documents needed when applying for a high-risk payment gateway To begin taking payments via a high-risk payment gateway, fill out Merchant Stronghold quick and simple online application. Though

Expand Your Travel Agency Business with Merchant Stronghold

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Are you running a travel agency and you don’t have a merchant account ? You are losing a large portion of your customer base who probably don’t purchase your package because of the payment method. Rates and easy installation Our rates are different than other companies, we believe in clear and transparent policies so that merchants can do business while we handle their online merchant account issues. Our system is unique, we review many things before deciding how much to charge. Our professional team sits down and review customized plans for travel businesses. Agencies who have a travel business are, always at risk because credit card companies don’t want to invest in them. They are expensive for banks and their business usually don’t run for long. But with multiple payment methods, you will give options to customers and they will be able to purchase your products easily. A separate merchant account will have a virtual terminal with options such as android and apple dev

Get Tech Support Merchant Account In USA & UK

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It's important to look into the merchant preparing fees that a bank will charge your business before joining with them. Most big-small companies will choose to work with the bank that they've done the most business with so far. Using your present bank as a credit card processor is typically the easiest way to get the process started because they already are familiar with all of your basic personal information. In specific cases, your nearby bank may charge altogether more (or less) than one of its rivals, so it's vital to do the exploration and compare costs. If it's not too much trouble note, the merchant processing bank will most likely force you to open a checking account, too. They will do this so they can transfer the credit card assets to an in-house checking account. All websites and companies need tech support in order to connect with their customers and solve any potential issues that appear. No matter what industry one pertains to, there will alw

Why Cannabis Oil Is Big Business | Merchant Account for CBD

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Merchant Accounts for CBD CBD merchant accounts are our most in-demand product, for which we have proven domestic and offshore banking solutions for CBD merchants. Merchant Stronghold provides the best merchant services for your CBD Businesses . Legalization brings a lot of opportunities, including many that are unexpected. One of the biggest areas for expansion is cannabis oil. Cannabis oil can mean a lot of different things but most importantly, it’s giving consumers and entrepreneurs a new way to explore and benefit from the marijuana industry. Here’s why cannabis oil is big business, and how any entrepreneur can tap into this nascent market. The cannabis oil market is huge There are many different kinds of cannabis oil on the market. All of them are growing in popularity. The CBD market alone is predicted to reach $22 billion in 2022, according to Brightfield Group. The CBD market is blossoming CBD, short for cannabidiol, is the main non-psychoactive

Why Merchant Account Important for your Travel Business

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If you run a travel agency as the tour operator, or hotel operator planning to the same then you must be excited by the opportunities in High Risk. Before start receiving online funds, you must setup payment gateway for your merchant account. Your  online payment gateway  basically makes it possible for your customer’s payment to reach the merchant bank’s processor. OVERCOMING HURDLES | WHAT YOU CAN DO TO GET MERCHANT ACCOUNT Find consultants who specialize in the helping high-risk merchants finding a merchant account. We at merchant stronghold provide you the same. If you have a good record of risk, fraud, and charge-backs, you will be required to provide at least 6 months of prior financials to prove it. If these processors receive any hint that you are high risk, there is a chance that the merchant account will get a termination. A common mistake that everyone does is to find big banks and merchant account, providers. The best side of this is that i

Technical Support Checklists Of Merchant Stronghold

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Technical Support Checklists Merchant represents and warrants each of the following by checking it and signing below: Merchant is engaged in the business of offering technical support services and has obtained, and throughout the term of the agreement will maintain all local, state, and federal licenses, registrations, and approvals required to conduct such business. All technical support services for which Merchant services charge any customer will be provided only by the Merchant, and will not be referred, re-directed, or outsourced to any third party. Merchant understands, currently fully complies with, and during the term of the agreement, will fully comply with all relevant provisions of all of the following as amended from time to time: section 5 of the Federal Trade Commission Act, 15 U.S.C. §45; The Telemarketing and Consumer Fraud and Abuse Prevention Act. 15 U.S.C § 601, et seq(“TCFAPA”) and all regulations implementing the TCFAPA including without lim

Domestic & International Merchant Account For Your Travel Business

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Travel-oriented businesses are considered risk merchants as far as  credit card processors  are concerned. Therefore are among the most difficult business types to acquire successfully accepted for a Merchant Account. The reason is that experience demonstrates that customers are impressive. They are more able to dispute and chargeback travel agency transactions than most others. Domestic & International Account International merchant accounts are the best solution if you have target markets outside of the US.   Establish accounts with acquiring banks in all the regions in which business is conducted. Save money on processing fees by taking advantage of the lower intra-region interchange. Decrease foreign exchange expenses Pay local vendors and workers in local currency Gain access to alternative payment methods popular in many parts of the world A domestic high-risk merchant account works well. The USA acquiring banks will accept travel merchants. Now, man