Merchant Services

Merchant Account Processing :  There are many misconceptions about Merchant Accounts and their service providers. In this blog, we will try to reveal some of the facts about the Merchant Account Processing. While opting out for a merchant account, and choosing a  payment gateway , businesses usually make mistakes some way or another. Whether you are new to the business or have lots of experience, you still might have some misconceptions about it. Not Worth the Time  – Firstly, entrepreneurs find that they have the best payment processing with the banks, some businessmen don’t care about the ease they get while doing the transactions through a merchant account. Expensive Affair  – Yes, the  merchant accounts  don’t come cheap, but they are not costly either. They just tell you the fees in a package where all the things are segregated and revealed as one. As well as the providers tell you the fees in percentage so, you have a clearer pers...

You’ve opened your debt consulting business. First things first you must have a merchant account. A credit card processor will be an integral part of keeping your business functional. It may take your business to new heights. It would allow you to generate payments and to get more and more clients. In simple terms, we can say, if you are doing business with merchant account then you will be able to get payments from your customer and clients through your merchant account. Your business can run smoothly. How To Get a Merchant Account? Be aware of fraud or scam. Be assured for the type of accepting payments through credit cards. Search for merchant account providers and compare charges of each of them. Check if the merchant service provider giving the payment gateway or not (if they do then, we recommend you to go with them without any second thought.) Prepare an application and attach all the documents along in an impressive way. Now you see how simple it is to crea...

Why do you need a merchant account? There are plenty of reasons why you might need one. Not only does this help you generate more value for your money, but at the same time, the return investment is great. You basically get to integrate  credit card processing  and a credit card terminal into the entire experience, to begin with. That’s what really manages to make the solution stand out. Having check processing or credit card processor options can really allow your business to generate more clients. Plus, you have to think about consumer convenience. This is very important for you and it will bring in front a very immersive and fun experience, to begin with. At the end of the day, the ability to explore offer consulting services to your customers is very important, but so is the ability to get paid online or via credit cards. For this, you need a good point of sale system and a dedicated merchant account that will be able to process all of these tasks as fast as po...

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. ...

Collecting payments through cards has grown as one of the essential parts of the business. As today people prefer to pay through their cards that are, purchasing product or services through their account directly. For this, the businesses who are practicing the traditional way of business are rapidly changing their working or the start-up businesses who want to have a credit card payment accepting merchant account, needs to deal with a lot of paperwork for the approval of a merchant account that is specially dedicated to collect payments through cards. Here we are going to discuss the  merchant account  requirements in the UK, Ireland and other 26 European countries. For a merchant account to be initiated for collecting card payments the businesses need to have the following documents to file applications: The above were the perquisites that will act as the deciding factor whether the applicant is eligible to apply for the merchant account. Now, for filing the ...

Business Documents and KYC 3 months recent prior processing statements for all products intended on being processed through the  merchant account  (If applicable) 3 months recent business bank statements. (If the new business, the merchant should be able to show financial stability to support the startup/operation of the business or personal bank statements.) Prior years and year-to-date business financials (Prior years audited financials required if available) Website or Marketing materials (Print ads, brochures, etc.) if mail order/telephone order sales If product/service being sold and not owned by the merchant, reseller agreements should be provided Articles of incorporation/articles of the organization showing the ownership of the entity associated with the merchant account Offer/Campaign Information Describe the product/service being sold? How is the product/service ordered or purchased? What are the price points for the product/service? Is the produ...

If You're looking for best, easy and reliable  Merchant Service provider  for MCC 4215 (Courier Services –Air and Ground). Merchant Stronghold can help you with this. MSH knows exactly what you are looking for. You know that Courier Business is not new and it's been there for hundreds of years. At first, it was simpler, but modern methods have changed it completely. Not long ago, delivery or courier services had to do transactions in the office; waiting for checks to clear and taking payments was a bigger task than delivering products. Merchant Stronghold is making business simpler for courier services all over the globe. Using mobile, secure and reliable payment gateways, businesses don't need to stress over lengthy payment processes anymore. Mobile, Secure and Reliable Merchant Services provider for MCC 4215 – Courier Services. Using Merchant Stronghold's credit card processing services. Courier services business can accept credit cards at the time of ...

Therefore for a business to keep its competitive edge, you need to offer the options for payment that your customers prefer, and that is debit and credit cards. As a business, accepting cards for payment is streamlined by setting up a  merchant account . A merchant account acts as an intermediary to navigate the complexities of payment processing and ensures that you receive funds as quickly as possible, and helps avoid your business is the victim of a scam. Let’s take a look at the best merchant services available to bring your business up to speed to accept payments. 1. Payline A suite of services for the small business Payline is a merchant service that promises to make it easy to accept credit card payments and offers a variety of plans to suit each business's needs. They offer a variety of services including mobile, online, in-store, enterprise and integrated payments, and also offers Payline Medical for the healthcare field, and business loans as wel...