Merchant Services

Merchant Account for Running Tour and Travel Business 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. The best side of this is that if you can provide financial statements of 3 years, you will have more leverage to negotiate a better deal. Startups with a weak or non-existent record, you must accept a very well relationship. A common mistake that everyone does is to find big banks and merchant account providers . If these processors receive any hint that you are high risk, there is a chance that the merchant account will get a termination. Develop and put into action a strong fraud prevention plan. Introduce new tools that will help you detect and fight fraud. Purchase a financial failure insurance plan to boost financial security. ...

Travel-oriented businesses are considered high-risk merchants as far as credit card processors are concerned. And, 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. Know The Risk! You will also need to comprehend the potential risk related to offering travel services online. Significantly more vitally, knowing what to expect as far as requirements and processing procedures are here. And, selecting a high-risk processor with the knowledge, capability, and willingness to effectively instruct and guide you is very important. Understanding your risk exposure will help you take sufficient steps to minimize it. Also, protect your travel agency from losses associated with chargebacks resulting from customer disputes and fraudulent transactions. To m...

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 ...

In this modern era, where technology has boomed, it has hit many sectors and one of them is transportation. No more standing in long queues, no more waiting; mobile payment has made the task easier for transportation service provider as well as the customers. Mobile ticketing and mobile payments have become a vital part of modernized transportation. It has not only strengthened this specific sector but has also linked local and regional economy. With just a mobile device in your hand, you can pay for transportation services by using any virtual payment method (according to your preference). Especially if you are traveling to big cities, local commute (taxi or car) is the option most of us would like to opt for. Your taxi driver may only accept cash payment which may cause you trouble like no cash, shortage of change, security issues etc. So it is better to use cashless payment methods, especially if you are related to the transportation industry. Advantages Mobile pay...

Reliable credit card processing is essential for businesses under MCC 4225 (Public Warehousing, farm products, etc.). Whether you are a small or large retailer, you need E-Commerce payment gateway that makes transactions easier for your customers.  Merchant Stronghold has systems that can support large number of sales on your existing website. Our credit card processing solution gives your business: A simplified checkout process – Easy to understand and use Ability to accept volume of transaction on debit and credit cards Industry Compatible standards to protection online data Fast and secure website credit card processing for customers Credit Card Processing for businesses under MCC 4225 No matter what type of merchant you are, we can set up an online credit card solution fit for your unique needs. Public Warehousing and farming businesses require direct integration of mobile tools. Many clients want to pay on the time of delivery, and if you have a fle...

Merchants аrе оftеn unclear оn whаt рауmеnt gаtеwауѕ dо аnd why thеу nееd thеm. Thеrе iѕ оftеn соnfuѕiоn concerning thе gateway’s functionality аnd hоw it diffеrѕ from аn е-соmmеrсе ѕhоррing саrt. Juѕt as often, merchants tеnd tо еԛuаtе рауmеnt gаtеwауѕ with mеrсhаnt ассоuntѕ. Quickly we will try tо сlеаr thе confusion and put the gаtеwау in its proper рlасе in the е-соmmеrсе сrеdit card рrосеѕѕing сусlе. Hоw dоеѕ a payment gаtеwау intеrасt with a shopping cart? Payment gateways аnd ѕhоррing саrtѕ еntеr the trаnѕасtiоn cycle аt diffеrеnt ѕtаgеѕ. Shоррing саrtѕ еnаblе сuѕtоmеrѕ tо select itеmѕ fоr purchase аnd саlсulаtе thе tоtаl соѕt of the оrdеr, inсluding shipping and hаndling сhаrgеѕ аnd tаxеѕ if аррliсаblе. Onсе that iѕ dоnе and thе сuѕtоmеr рlасеѕ the оrdеr, thе customer iѕ tаkеn to the сhесk-оut where he оr she is asked tо рrоvidе thе рауmеnt infоrmаtiоn, which iѕ then соllесtеd аnd mаnаgеd by the gаtеwау.  Pауmеnt Gаtеwау vѕ. Merchant Aссоunt It iѕ imро...

What iѕ Chargeback? Chargeback iѕ thе return оf funds to consumer, mainly used in thе United States, forcibly initiated bу thе issuing bank оf thе instrument used bу a consumer to settle a debt. Specifically, it iѕ thе reversal оf a prior outbound transfer оf funds frоm consumer’s bank account, line оf credit, оr credit card. Chargebacks аlѕо occur in thе distribution industry. Thiѕ type оf chargeback occurs whеn thе supplier sells a product аt a higher price to thе distributor thаn thе price thеу hаvе set with thе еnd user. Thе distributor thеn submits a chargeback to thе supplier ѕо thеу саn recover thе money lost in thе transaction. Whаt iѕ  Retrieval Request? A retrieval request: – Thiѕ occurs whеn thе card issuer asks thе merchant fоr a copy оf thе асtuаl ticket оf a transaction. Thiѕ iѕ thе initial step thе issuer takes in thе event. A cardholder’s bank requests information аbоut a charge thаt iѕ bеing disputed. A Retrieval Request iѕ a request f...

Reliable Merchant Account Services There aren’t many merchant account providers who understand the worries of business owners. Every business has a size, some are small and others maybe big industries. Keeping these facts in consideration, we provide a solution that best fits your business needs. Our payment gateway can accept any card and electronic checks. We have more than one solution for your business. Those merchants who want to utilize mobile payments, our system can help you to accept payment from any android or apple smart phones too. All you need is our help, we will equip your business with modern gateways that will accept payments from everywhere in the world. Best Payment Gateway Provider Merchant Stronghold is one of the leaders in the merchant account industry. We offer payment Gateways and payment options that no one in this industry offers. Executing an agreement with merchant service provider is the first step towards accepting credit card payments. Be...

Every year, billions of dollars are being loaned to understudies. Quite naturally, there are scammers who attempt get your cash offering services that you should study well so to avoid being scammed. The Consumer Finance Protection Bureau (CFPB) has always cautioned understudies about what to look out for when you require an understudy credit or some assistance with respect to it. UNDERSTUDY LOAN DEBT HELP Many organizations promote they can facilitate you with your credits/loan, and you can see them publicize on Facebook, on Google, or even send emails messages. Before making any move with these organizations, don’t forget that you don’t have to pay somebody to get help with your Federal understudy credits/loan if you don’t want to. If you’re a document preparation services for merchant Account, consider turning to the #1  High Risk Payment Gateway  provider in the US, Merchant Stronghold to get the best for your High Risk Business wants and needs. M...

Let’s now discuss various possible reasons for declination of application for credit card processing : Age: Your age is another factor for the denial of your request. If you are under 18, the issuer will not accept your request, as it is not the legal age. Your age is another factor for the denial of your request. If you are under 18, the issuer will not accept your request, as it is not the legal age. Incomplete application form: If you have not filled the application form completely or correctly, your application will be declined. So it is better to apply for credit card processing online as it will not submit your request until and unless all the fields are properly filled. Loan balance: If you want to apply for credit card processing , make sure that you pay your loan balance regularly if any. When you apply for credit card processing, your credit history is checked and if it is negative, the bank or the processor will hesitate to accept your request to avoid ri...

World is getting closer and closer by the day when we talk about online business and telemarketing. It has become far easier for customers to buy or order things online irrespective of their geographical location until and unless the merchant is high-risk account holder. Market place have extended beyond limits and instead of buying a shop/store and sitting there throughout the day to sell your product and services, all you need is a system with a website to market your product. Telemarketing Business It is a method where you can market your product directly either over phone or web conferencing, which is scheduled on a call. In this marketing method, sales person tries to convince prospective customers to buy a product or service that business is providing over phone or during conference. For operating such type of business and carry out financial transactions (where most of the transactions are carried out through credit card), business or merchant needs a merchant account. ...

This article will arm you with knowledge to avoid common mistakes that are made while choosing a  credit card processor . These mistakes go as follows: Terms and Conditions There are a very few business owners who read the terms and conditions very carefully before signing the agreement for credit card processor as it is bulky and at times very confusing. This is the main reason why most of the businesses get surprised and bear the impacts of it on their revenue. So it is advisable to take your sweet time and go through it very carefully without missing any part of it. You never know what you will find in there and if something confuses you or generates suspicious, do not hesitate to ask your potential processor to get the clearer picture. Make sure that all the issues are resolved and clarified before signing the contract. Information about the Fee Charged Every credit card processor charges a nominal fee for its services but there are some processors that will t...

Mаnу hаrdwаrе stores have specialty dераrtmеntѕ uniԛuе tо its rеgiоn оr itѕ оwnеr’ѕ intеrеѕtѕ. Thеѕе dераrtmеntѕ inсludе hunting аnd fiѕhing ѕuррliеѕ, plants and nurѕеrу рrоduсtѕ, mаrinе аnd boating supplies, pet fооd and ѕuррliеѕ, fаrm аnd rаnсh ѕuррliеѕ inсluding аnimаl feed, ѕwimming pool сhеmiсаlѕ, hоmеbrеwing ѕuррliеѕ and canning ѕuррliеѕ. Pоint-оf-ѕаlе system fоr Hаrdwаrе ѕtоrеѕ Evеn thе ѕmаllеѕt hаrdwаrе ѕtоrе саn benefit from a point of ѕаlе system bесаuѕе it hеlрѕ аutоmаtе virtually еvеrу раrt of thе  high-risk buѕinеѕѕ . A POS ѕуѕtеm for hаrdwаrе ѕtоrеѕ does mоrе thаn сhесkоut customers and рrint rесеiрtѕ: it facilitates virtuаllу every аѕресt of thе business. Inventory management is a оnе imроrtаnt function of thе hаrdwаrе ѕtоrе POS ѕоftwаrе bесаuѕе it keeps trасk оf every item that iѕ bought аnd ѕоld in rеаl timе. Thiѕ wау, thе business аlwауѕ knоwѕ whаt itеmѕ are in stock, what itеmѕ аrе on order and whаt the соѕt and рriсеѕ аrе for them. Work flо...

When a brick-and-mortar business accepts credit or debit card payments for its products or services signature is collected from the customer and the customer is ordinarily physically present to present their card for payment. Having a signature is the merchant’s proof that the customer authorized payment, that the product or service was received and the customer was initially satisfied with their purchase. But, when an eCommerce business receives payment for an online order, cardholder verification, proof of delivery and customer satisfaction is more difficult because there has been no visual card examination or in-person customer contact with a written signature authorization. These are defined as card-not-present transactions. Customers who use credit and debit cards to make online purchases have an advantage over other customers because they can contact the bank who issued their card and ask for their money back when they are unhappy with a purchase, without first contacting...

When you set up a new business, along with many things that need to be sorted out you need to figure out how you would like to accept payment from your customers and this is one of the major obstacles, which most of the new business owner’s face. When you think about payment process, there are a few questions that need to be answered to find the solution. These questions are: Type of payments to be accepted Pros and cons of the chosen payment type Cost related to payment method. When you are learning about payment processing, you should get knowledge about all the possible payment methods in detail. Out of various methods, Credit Card is the most popular as well as preferred payment method among customers. Let us discuss the basic steps you need to follow to get started with credit card processing: – Setup a merchant account : To carry out the online financial transaction, we need to open a bank account to be able to accept payment online in multiple ways (credit ca...

Cruise Merchant accounts are considered high-risk businesses by MasterCard and Visa Card. Integrating online payment gateway on a cruise website requires unique features & merchants have to follow strict rules to get authorization. These websites are closely monitored by payment processors to ensure they follow industry regulations. Merchant Stronghold can provide your business website a payment gateway allowing you to run your business without worrying about external matters. Cruise line businesses require a special merchant account to process payments. This business is considered as high-risk by local and international banks because of various reasons. There are a number of reasons and most of them are because customer is not happy and wants a refund. Most cruises have a strict no cancellation policy that is why bank and payment processors don’t want to give them access to credit card processing. Start accepting credit cards at low rates Cruise lines offer one...

Today’s world is a competitive world and everyone is looking for quick success. We normally look towards people who have achieved certain milestone or are successful and try to follow their footstep. It has become a sort of fashion to read about successful people, adopt their principles and go as per to their opinion. It is always good to learn from others but your individual idea, vision, business goal, and principle are equally important. There are quite a good number of people out there in the world who can give you advice, teach you about business but until and unless you have a vision and ideas of your own, you will be lost in the mob. Here are a few steps that every new entrepreneur should keep in mind in order to survive in this highly competitive world: – Give your own meaning to success It is important to get guidelines and inspiration from those who have achieved success, but it is not advisable to follow them blindly. It is not a good idea to spend much of yo...

The answer for “how to get the access of payment gateway and accept Visa, MasterCard, American Express and Discover” in simple words is, the business needs to establish a Merchant Account. But, this doesn’t only solution as Merchant Account, is just the service that is provided by the banks that will help to accept the electronic mode of payment. Businesses can choose between the elaborate array of collections banks from across the world have ACH, Check Processing, Credit Card Acceptance , Point of Sale System, etc. The choice of services sometimes create a lot of confusion for business owners to choose the perfect services according to their business type and what are the exact requirements for the application of the Merchant Account. For the ease of business owners Merchant Stronghold, with their industrial experiences can help them to choose from the perfect option according to their business. For the application of Merchant Account the business owners need few of the basi...

Credit Card Processing Merchant Account Accept Credit Cards Easy with our MERCHANT ACCOUNT, Fast and Seamless ! If you are already processing , let us beat those rates. With the state of the art technology, give your customers the edge and grow your business with our Merchant Services and Credit Card Processing Solutions. Online Payment Gateway Our customized online Payment Gateway Solutions and Electronic Payment Solutions can help create innovation in sales techniques and an easier user experience for your customers. Chargeback Management and Fraud Monitoring Additional coat of protection for your business with Chargeback Management. Chargeback Prevention Alerts and Fraud Monitoring services to help ensure that your profits stay there and you are safe with your International Payment Solutions. Offshore Merchant Account Merchants now can process with one of many Merchant Stronghold global processing solutions and diversify your processing to a w...

Standing issues in business, there’s no doubt. An extraordinary name can permit you to take your business to levels you never envisioned conceivably; an awful one can devastate you before you even open the ways to your store. Trustworthiness, for better or for worse, also matters when you attempt to secure a merchant account for your company’s credit card processing & Check processing ACH processing. But not your reputation, no matter how pristine and spotless it might be. No, banks and MasterCard organizations that offer Merchant account rather take a gander at the notoriety of your industry with regards to auditing your application, and the tragic truth of it is, most ordinary suppliers will turn down somebody in the debt collecting office industry without even a moment look. WHAT TYPE OF MERCHANT ACCOUNT PROVIDERS ACCEPTS HIGH RISK BUSINESS SOLUTION? In any case, while some typical Providers see just “ high-risk business ”, a lot of others see group organizations as...