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Showing posts with the label high risk payment processor

Credit Card Payment Processing After Signature Rule Change

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In this article, we discuss the details related to  Credit Card Payments  After Signature Rule Change. We will discuss old and new rules related to the payment after signature. For more information, feel free to contact Merchant Stronghold at the toll-free number. Why There was Need to Make Changes to the New Rule? Other card networks such as Visa, American Express followed over the steps of the MasterCard. But the Visa made it optional to sign on the receipt. Here are factors that made card networks to change the norms related to signature. The Card brands wanted to speed up the  payment process  by eliminating a step that is Signature. Also, a signature is not strong evidence to fight against chargeback/fraud for a merchant. Most of the signatures were unrecognized by the customers. Also, most of the people are adopting the internet banking methods, where signature rules are not applicable. Moreover, by applying the proper safety instruments...

Setup A Merchant Account for your High-Risk Businesses

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The first thing you have to do Determine the way credit card payments will work for your company. This means that you need to figure out the type of credit card payments that you want to accept and how you accept those payments. You need to see if you accept website payments if you want to use a POS solution or mobile payments. You will also have to think about 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 wil...

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 ...

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...