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Showing posts with the label paymentsystem

Best Online Running Tour and Travel Business : You are at High Risk (MCC 4722)

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If you run a travel agency as a 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. But if you are just starting, then getting a  merchant account  for business is the toughest job. Good financial credibility also not getting a merchant account for you. You may or may not be aware, but the real and only reason is that your business model falls under high risk. And banks and merchant gateway providers think that they have credit risk involved with the industry you are in. This is not because the salesperson does not want your business. This is because the bank or their processor will not accept high risk businesses because of the regulatory and/or cha...

Online POS FOR Nеwѕ Dealers/ News stands MCC 5994​

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Thiѕ Eѕtаbliѕhmеnt is рrimаrilу еngаgеd in the rеtаil sale оf nеwѕрареrѕ, magazines, and оthеr реriоdiсаlѕ. Rеliаblе Point of Sale (POS) ѕуѕtеmѕ аrе very imроrtаnt to еvеrу buѕinеѕѕ in thе rеtаil induѕtrу. A gооd POS ѕуѕtеm likе Verifone VX520 will lеt the uѕеr do more than juѕt the рrосеѕѕing of рurсhаѕе bу customers. It should bе a ѕуѕtеm thаt will help ѕtrеаmlinе the business in various wауѕ. Anyone who runs a rеtаil business ѕhоuld undеrѕtаnd thе great nееd and importance оf a rеliаblе POS ѕуѕtеm likе Vеrifоnе VX520. Delays in сuѕtоmеr service аt thе point оf ѕаlе саn have a ѕеriоuѕ nеgаtivе еffесt оn уоur buѕinеѕѕ. Verifone VX520 POS ѕуѕtеm does mоrе thаn thе handling of рауmеntѕ аnd rесоrding оf ѕаlеѕ. The system will let you mаnаgе thе inventory, trасk thе ѕаlеѕ, idеntifу thе rеgulаr сuѕtоmеrѕ, idеntifу the slow аnd fаѕt mоving gооdѕ, gеt thе рriсing right, еmроwеr ѕtаff, and muсh mоrе. Thе bеnеfitѕ оf Vеrifоnе VX520  POS ѕуѕtеm The аdvаnсеmеnt in tec...

Online Credit Card Processing for Marine Services (MCC 4468)

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Credit card processing  for Marinas, Marine Service/Supplies (MCC 4468) is considered as high risking in the Payment industry. There are a number of services associated with Marine business, and not all are accepted by merchant service providers. In simple, not many merchant account providers offer payment services for businesses in this whole category. For years, Merchant Stronghold has provided real-time Credit card processing for Cruise ships. We have solutions for individual merchants to trade marine supplies. Credit card processing  for Marine Services A good way to sell your services is by using a website for Credit card processing. Merchants can have more than one payment methods. A credit card is quicker and much safer than cash in hand. Money can automatically be sent to your bank account. Multiple services can be provided on your websites, such as point system or gifts for customers. Your Marine Credit card processing will be a pa...

Online POS FOR Nеwѕ Dealers/ News stands MCC 5994​

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Thiѕ Eѕtаbliѕhmеnt is рrimаrilу еngаgеd in the rеtаil sale оf nеwѕрареrѕ, magazines, and оthеr реriоdiсаlѕ. Rеliаblе Point of Sale (POS) ѕуѕtеmѕ аrе very imроrtаnt to еvеrу buѕinеѕѕ in thе rеtаil induѕtrу. A gооd POS ѕуѕtеm likе Verifone VX520 will lеt the uѕеr do more than juѕt the рrосеѕѕing of рurсhаѕе bу customers. It should bе a ѕуѕtеm thаt will help ѕtrеаmlinе the business in various wауѕ. Anyone who runs a rеtаil business ѕhоuld undеrѕtаnd thе great nееd and importance оf a rеliаblе  POS ѕуѕtеm  likе Vеrifоnе VX520. Delays in сuѕtоmеr service аt thе point оf ѕаlе саn have a ѕеriоuѕ nеgаtivе еffесt оn уоur buѕinеѕѕ. Verifone VX520 POS ѕуѕtеm does mоrе thаn thе handling of рауmеntѕ аnd rесоrding оf ѕаlеѕ. The system will let you mаnаgе thе inventory, trасk thе ѕаlеѕ, idеntifу thе rеgulаr сuѕtоmеrѕ, idеntifу the slow аnd fаѕt mоving gооdѕ, gеt thе рriсing right, еmроwеr ѕtаff, and muсh mоrе. Thе bеnеfitѕ оf Vеrifоnе VX520 POS ѕуѕtеm The аdvаnсеmеn...

Accept Credit Card Processing on your Online Education Website

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If you are running an Online Education website and want to accept credit card, then you are at the right place. We provide one solution to all of your problems. If you are reading this then you probably want to accept credit cards on your Online Education website. Most business owners like to know how they can accept credit cards. There are many ways to offer multiple payment methods to your customers. Some of the commonly used methods are as under: Using own merchant account : you will need a  payment gateway  linked to your website. There are various requirements for every country; you can contact us for further information. Third party merchant : There are many companies willing to  accept credit card  on your behalf. They will take fees in exchange and provide you an easy solution for your Online Education website. These are also called payment gateways. How it will benefit your business? If you are advertising your business but you are...

Chargeback Reduction Plan for Merchant Services

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Chargeback Security  Expert and Risk Analyst will assist merchants in creating a formidable chargeback reduction plan that will benefit the merchant’s business in accordance with card brand rules. Chargeback Security Team Members will identify the wrong business practices that led to the excessive chargebacks or fraud. Chargebacks are analyzed based on frequency, amount, BIN, IP, Geo and reason codes. Processing Statements and trends go through strict analyzes outlying the problem and isolate the cause. Chargeback Reduction tools and processes are educated to the business and urged to be utilized by the merchant: ● -AVS ● -CVV2 ● -Negative Database ● -Velocity Screening ● – ISPY Technology ● – Chargeback Security Alerts ● -Third-party fraud Scrubbing service Chargeback Analyst will analyze the effectiveness of the current chargeback reduction practices and work on implementing new parameters or new policies. New chargeback/fraud reduction initiatives and...

What Industries are Considered High Risk Merchant Services?

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Online Merchants may never think their business is risky. The merchant is offering a regular item or service, following every rule and regulation then why it might be viewed as risky? Usually, a merchant discovers that his area of business is considered a medium or  high risk  business when he tries to set up a payment gateway and is rejected in the first go as he is required to a  high risk  merchant account . It can come as a significant surprise to many of them.   Shockingly, a few industries are more inclined to refunds and chargebacks than others. This implies a great deal of money which further ruins the records of the account. And therefore, it is not good for either merchant or the payment service provider. Clearly, both the parties would favor the money going one way– into the account! The merchant is most likely not astounded to hear that specific industry are viewed as high risk and improbable to discover a bank or payment service pr...