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What are the problem face in High Risk Payment Gateway for Collections Account

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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...

Credit Cards Payment Processing for your High Risk Business

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Vapor and E-Cigarette businesses are searching desperately to find a merchant account solution to process credit card payments at a reasonable rate… Merchant Stronghold spends significant time in helping E-Cigarette and Vapor Products get validated for low rate merchant account processing. We work with both on web and retail businesses! Our operators are trained & prepared to deal with your particular needs and answer the majority of your inquiries. Merchant Stronghold has made exceptional plans with our processing associates to provide a low rate High risk Payment Gateway and additionally purpose of offer machine to require the necessities of your developing business. Online retailers that offer vapor items such as vaporizers, tanks, e-juice , starter kits, ecigs and other related items online are viewed as high risk merchant account. In common all online e-commerce business is considered high risk because credit cards are absent, that is increasing the risk for fraud. T...

Two Ways to Detect Friendly Fraud?

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A CNP transaction as “a payment card transaction made where the cardholder does not or cannot physically present the card for a merchant’s visual examination at the time that an order is given and payment effected, such as for mail-order transactions by mail or fax, or over the telephone or Internet.” Friendly fraud “ocurs when a consumer makes an online shopping purchase with their own credit card payments , and then requests a chargeback from the issuing bank after receiving the purchased goods or services.“ The two categories of friendly fraud are intentional and unintentional: Intentional Friendly Fraud.The deliberates falsification of facts by a consumer which is intended to deceive a merchant. Reasons for intentional friendly fraud may have to do with buyer’s remorse. Perhaps the buyer made an impulse purchase for an amount that exceeds their comfort level or their financial circumstances suddenly changed and they wish they hadn’t spent the money or, maybe, ...

Merchant Accounts for Beauty Products Business

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An advance credit card processing   solution that comes with high level of security is what every Beauty Products business needs. Efficiency is important when you are running a business, especially when the business is on small scale and you have to struggle a lot to get to the top. The goal of merchant stronghold is to provide you a flexible payment solution with equipment. Electronic payment solution can fulfill most of your needs; you can customize best rate structure that fits your business. Some of the advance services that you can expect: Mobile processing for the small scale business Support for payment gateways connected with shopping carts Plus credit card payment plans Terminals for beauty products and retail service business Solutions for MOTO card transactions Virtual terminal for processing Modern payment processing Modern payment processing is integrated merchant account and software. This system is called software as a service (SAAS). It offer...

5 Easy ways to setup Your online High Risk Business

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Choose the Right Domain Choosing the correct domain name is extremely necessary. It’s ideal if your domain name coordinates your business name or your brand so it’s simple for your benefactors and potential customers to discover your website. Once you choose a web site name and have the web site up and running, you have to invest plenty of resources into promoting it and conveyance in traffic, so raise some of individual people as you’d prefer to think on the name before setting it in stone. Keep in mind to check the name’s accessibility to check whether the domain name of your choosing is free to use. If the the name isn’t accessible, don’t get demoralized. Often the owner of the domain name is willing to sell it and it’s simple to work out who owns the name by merely wanting it up in “whois” section on the domain registration portals. Pick a Webhosting Service Web hosting services offer space for storing and access for websites. Don’t get attract by free internet ...

Merchant Accounts for Retail Businesses & Online Stores

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E-commerce It’s all about digital marketing and eCommerce these days. It’s not long we might just speak computer languages in our day to day life. Reports show a 400% increase in online sales. Tech support merchant account , eCommerce, and Internet-based business are high-risk businesses. The boarding process undergoes a series of credit checks and underwriting before a payment gateway is deployed. This is the reason that the E- commerce Merchant has a tough time in finding the solution. It’s due to the fact that Cardholder and the Credit Card is not present at the time of purchase and there can be many reasons that the customer can dispute on the merchant. Friendly Fraud is the hot topic of late and then next big issue is stolen credit cards. Merchant must be PCI compliant and their website should be compliant too. The website must have a SSL Cert and all terms and conditions must be fully disclosed. Example: Magazine Subscription, Adult Porn Streaming, Supplement Products ...

What are the Requirements to open A Merchant Account?

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WHY SHOULD A SECURE MERCHANT ACCOUNT BE REQUIRED? For a business owner, it’s stressful that merchant account will go to rejection. A contradiction might make you question to your business existence. In fact, denial of an entire channel of payment processing probably crippling impact on business. DEPEND ON CREDIT HISTORY A provider has checked the personal credit history of customer i.e. revealing trouble of paying bills. A merchant services provider does not want to get on a customer who can view as a susceptibility, even if a customer that pay in a good proceeding of profit will have to reduce the value to a bad credit history. NOT DEPEND ON YOUR BUSINESS TYPE A merchant will be labeled as a best high-risk merchant account and High Risk commit to a raised percentage of chargebacks, it can solely point to the published brand blended with the type of business.When a customer attempts to chargebacks for pay back his credit for one reason or another. The method ...