High Risk Merchant Account

Understanding and Process Flow of ECheck Processing..! If you have been executing a business for some time, the chances are high that a client has asked for to make payment utilizing an Echeck. Merchants frequently let their payment processors handle the details. Also, when disputes emanate later, the merchant is left with little to do, other than accept the processor’s requests. As an entrepreneur (who starts a business alone), it is compulsory to have at least little grasp of what goes on when a customer pays through an echeck. Be that as it may, to start with, let’s answer the obvious question: what is an  echeck Processing ? What is an Echeck Processing? An electronic check is a type of payment process where a client’s assets are deposited into a merchant’s account over the ACH (Automated Clearing House) network. To process such payments, a merchant requires an echeck processing, through which payments made by echecks can ...

To acquire a customary  Merchant Account , your business must experience go through a wide analysis process called merchant underwriting. Sorry to say but some Merchant Account Provider doesn’t satisfactorily underwrite businesses, which can rapid issues down the line. Merchant Account underwriting is completed by an individual or team of high risk analysts and in general takes two days to a week to complete, depending on the provider. For businesses needing a quick fix, there are options that don’t require any underwriting — but those have their own drawbacks. More on that later. First, let’s go over what underwriters usually review. Representative Merchant Underwriting Process The vital goal is to evaluate the business’s level of high risk for the provider. Why? Because of a merchant account is fundamentally a line of credit. If a business is strike with a chargeback but doesn’t have enough funds in the bank to pay it, the provider fronts that ex...

What is Retail Business and Retail Merchant Services? Well, any business that is involved in selling finished merchandise to an end user is considered to be a retail business. According to the figures released by the U.S. Census Bureau, Following is a list of 13 major types of retail businesses and figures in percentage of total Sales generated by these businesses separately and annually in the States : Sr. Percentage Types of Retail Business 1 20.0% Motor vehicle & parts dealers 2 13.0% Food & beverage stores 3 12.5% General merchandise stores  4 11.0% Food services & drinking places 5 10.0% Gasoline stations (and convenience stores)) 6 9.2% Non-store retailers (Internet shopping, catalog, direct sales, etc.) 7 6.0% Building material & garden dealers (home improvement) 8 6.0% Health & personal care stores (pharmacy/drugstores) 9 5.0% Clothing & clothing accessories stores...

Payment Processing Solutions Merchant Stronghold offers reliable online  credit card processing   for a variety of merchants worldwide. Recurring Billing Services:  Subscription Based Payments Increase your cash flow with scheduled on-time payments. Whether for installment or subscriptions, our platform securely stores payment info for convenient repeat business. Recurring billing makes selling subscription products and services easy. Sell more products online to more customers faster. Quick Integration:  Get Setup in Minutes Work smarter, not harder.  Merchant Stronghold  allows you to easily process credit cards from your customers without having to write a single line of code. Start accepting orders without having to fuss with complicated APIs and documentation. Superior Reporting Tools:  Up-To-Date Technology Our powerful reporting tools can help you understand, export and present your data beautifully and efficiently. See how...

ESCORT BUSINESS SERVICE ACCEPT CREDIT CARD PROCESSING FOR HIGH RISK ESCORT MERCHANT ACCOUNT During the last numerous years, escort services have become one of the quickest growing industries. Having the abilities of credit card processing to your escort commercial enterprise will offer the first-class comfort for your customers. By allowing credit card payments, there’s a massive capability growth for sales. Merchant Stronghold offers escort merchant accounts which are specially designed for online, in-app. Get in touch with Merchant Stronghold to manage your escort  merchant account   nowadays. Escort business is commonly plagued with the frightening task of looking to be authorized and set up with an escort merchant account. Escort merchants need to pursue a financial institution that works ordinarily with escort companies and understands the extended high risk that comes with the industry. Escort merchant accounts are available for domestic and offshore ...

To Create a Secure Merchant Account Tips: In the United States, Internet Secure affords merchant account services. If someone started a business as owner then they unified with the Internet Secure merchant gateway where provide authorization to payment process through any method like order forms, shopping cart, or standing orders. 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 ...

The hardest thing is finding a merchant service provider who deals with focused services such as a car, bus, and taxi. These are direct services related to transportation. Direct services are those which help customers to choose from a range of things without third party involvement. It could allow customers to book a taxi in near area with the help of a mobile application or E-commerce website. The application can complete the transaction on the spot using Merchant Stronghold’s Payment gateway. It will be quick, simple and clean Payment brands use codes to classify businesses by the type of goods and services.  Payment gateway  providers use these codes to inform their clients which category a business belongs to. A good example of these codes is MCCs 4000–4799 (Transportation Services). All the numbers between MCC 4000 to 4799 are transportation services such as passenger railways, bus lines, airlines, marine services, courier services, and more. Merchant Str...

Setting up a merchant account is very important and usually, it’s not that hard to do it either. What makes a merchant account great is the fact that it allows your company to accept both credit and debit card payments. Usually, you will need to have either an agreement with the bank that they process credit card payments or you can work with an independent sales organization, MSP and so on. Either solution works as long as you collaborate with a dedicated financial institution and have a designated point of sale system. The first thing you have to do is to 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, ...

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 ...

How Technical Support Services Work? When I started my research for this business, I communicated with a number of people whom I thought might have some practice in managing such merchants, and what I heard from them didn’t precisely come as a surprise to me. Most of my contemporaries warned me that such businesses could be very difficult to work with — that their company practices were doubtful, that they could infrequently doctor the required paperwork, that their chargeback ratios were sky-high, and that customer objection levels were off the chart. “Where have I heard that before?”, I wondered, and my initial practice rapidly confirmed the authenticity of these warnings. However, I had the good fortune to quickly stumble upon a merchant who turned out to be hardworking, trustworthy and legit. He also ensured low levels of customer complaints and chargebacks. Equally important, the volume per month was extravagant— about $500,000 and still continues to grow. Finding ...

You are offering a free trial on your site? We can integrate your eCommerce website with our  payment gateway  so that your business can accept and rebill customers for your free trial and continuity offer!If you are selling products that require Free Trial, you will need a recurring merchant account and a payment gateway. Most business owners don’t understand the difference between a recurring merchant account and straight sale merchant account. If you don’t know then setting up your e-commerce website can be difficult and you may hit by overwhelming fees, chargebacks and may result in Account Closure! What’s Trial Continuity? When someone buys a product with the free trial offer, the cardholder accepts the Terms and Conditions and enrolls in a Trial Continuity Subscription. The website will send this information to the payment gateway for authorization and processing. Once the trial period is overpayment gateway will bill the customer again for the pre-decide...

You are running an Identity Restoration business and you want merchant account so that you can accept card payments? You are at the right place, contact us and we will guide you what to do. Are you running an Identity Restoration business? If you are then you need a merchant account to accept credit card and debit card payments. Your merchant account works as a bridge between your bank account and customer’s bank. When you get a merchant account, you are required to follow rules and regulations established by credit card companies and your bank. This includes a number of fees associated with both the accounts. There are various fees associated with a merchant account, some of them are based on percentage and others are on an item basis. Some of the fees are set by issuing bank while others are by merchant and credit card companies. It is necessary to understand fees associated with an account to run your identity restoration business successfully. Fees associated with...

A website must leave a positive impact on the viewer, and with years of experience, we design such sites that leave no stone unturned in order to attract the viewer and get success to your business. our design team builds full responsive, user-centric,  clean and w3c, CSS validated sites that are both beautiful and successful. Research:  Before starting we love to know what we are doing. Things start with research. Plan:  We use traditional planning style, which starts with paper & pen. Design & Code:  We start with wire frame then convert that using art, after which, we play with code & give life to design. Quality Assurance:  Before Delivery, we perform QA and internal testing on standard Desktop & Mobile Devices. Complete Professional Collections Website Design & Development  Merchant Services WEB DEVELOPMENT:  We are passionate about designing and developing meaningful and functional websites with a strategic ap...

Let's Understand The  High Risk merchant When Business is established and applies for a payment gateway at the Bank, they get approved or disapproved from the risk departments considering the business to be high risk business or Low risk business. There are few reasons why any business can be considered as a high risk business. Some of the risk factors that make a business HIGH RISK are as follow : You have lost your previous merchant account due to high chargeback ratio. Questionable sales and marketing tactics Potential legal and financial liability Your credit is really bad. Industry is known for excessive chargebacks or fraud incidents Trial continuity business Previous credit card processing is not good enough You've been branded as a terminated merchant (TMF). It is important to note, that this high risk  merchant account  categorization is based on your business' industry, regardless of your individua...

Match List of Merchant Accounts It is true, but there is such a thing as a merchant account blacklist. It’s actually known as the MATCH list or “Terminated Merchant File,” (TMF for short). The Terminated Merchant File is a shared online list among processors and acts as a blacklist scrubber, where merchants with high risk accounts or excessive chargebacks [www.chargebacksecurity.com] and/or terminated for violation of agreement are put on the list and prevented from opening an account with a different credit card processor. MATCH LIST: Why merchants could be put on it Excessive Refunds and Declines Violation of Terms of Merchant Agreement Illegal Product or Advertisement Adult or Porn or Escort Endorsement Merchant Collusion Fraud Excessive Chargebacks Money Laundering Terrorist Activity Wrong MCC code Service/Product By far the most common reason for termination amongst Trial Continuity and Subscription Type of Business, The merchant d...

Maybe the most challenging thing that can be faced by a merchant is the integration of a payment gateway solution. This will require expertise and plenty of resources. And since most of the gateway solutions are very complex, integration and its overall requirements have started to be more and more appealing as well. Payment Gateway Integration is a process that allows companies to have a much better, seamless way to manage and perform payments. What makes it helpful is the fact that with its help you have a much better control over the way your company manages all customer purchases, no matter the medium they use for that purchase, to begin with. Why do you need Payment Gateway Integration? The reason is simple, if you want to accept online purchases you do need this type of solution and integrating one as fast as possible is a sheer necessity, to begin with. With its help you have the ability to process online payments on the go and results will be very impressive all t...

Do you have a debt consulting business? Then you should consider getting a merchant account right now. Processing online payments or credit card payments can be very demanding to begin with, which is why we are here to help you with all of that. As a dedicated merchant account provider, we are here for you and we are offering high quality, professional services that you will enjoy and appreciate right from the start. The value offered here is very impressive, to begin with; all you have to do is to invest in a good merchant account as it can bring in plenty of value for your business. 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 ...

The early days of uѕing a cash register аnd pen and nоtеbооk fоr ассоunting аnd processing transactions аrе nо lоngеr a еffесtivе means оf kеерing uр with tоdау’ѕ аdvаnсеmеntѕ in buѕinеѕѕ tесhnоlоgу. In оrdеr tо ѕtау соmреtitivе in Glаѕѕwаrе/ Crуѕtаl, buѕinеѕѕеѕ hаvе to аdарt and сhаngе with еmеrging tесhnоlоgiеѕ. A tесhnоlоgiсаl аdvаnсеmеnt thаt buѕinеѕѕеѕ аrе now uѕing iѕ thе роint-оf-ѕаlе (POS) ѕуѕtеm. Thеу аrе nоw rеаlizing thе mаnу benefits POS hаvе оn thеir  Glаѕѕwаrе/ Crystal buѕinеѕѕеѕ. Thе fоllоwing аrе thе mаnу bеnеfitѕ of utilizing роint оf sale systems in уоur Glаѕѕwаrе/ Crуѕtаl ѕhорѕ POS systems provide a business with a rеаl-timе dеtаilеd report оf ѕаlеѕ. Thiѕ аllоwѕ уоu tо assess what рrоduсtѕ аrе being ѕоld аnd whаt рrоduсtѕ are lаgging in ѕаlеѕ.The business саn then implement marketing ѕtrаtеgiеѕ tо bооѕt sales оf the рорulаr рrоduсtѕ. They will аlѕо knоw in real-time whаt iѕ nоt ѕеlling ѕо they саn dесidе whеthеr оr nоt tо оrdеr that produc...