High-Risk Offshore Merchant Account

A merchant running the e-commerce business or online business must understand the influence of the Payment Gateway on his business. A Payment Gateway is an online alternative of the Point of Sale that provides a platform to make a safe online transaction. Furthermore, there are a number of Payment Gateways providers available in the market and they provide attractive payment options to the merchants. THE  PAYMENT GATEWAY  PERFORMANCE IMPACTS THE CUSTOMER EXPERIENCE In order to bring more traffic to your business, it is most important to keep your customers happy. As a merchant, you need to keep your customer’s money protected by providing a secure payment gateway. As we discussed, the Payment Gateway affects Business and the customer plays a very important role. In order to ensure the best experience for your customers, you can follow this list. Mention everything about the payment method and provide a well-explained payment process. Add trusted and fami...

Zero Credit Card Processing – Credit Card Processing fees are applied as a cost of managing the exchange of money from customers account to the merchant’s account in a secured manner. Does Zero Credit Card Processing Actually Cost Nothing? As we have discussed, in the case of zero credit card processing the customer has to pay most of the charges. However, it is not like the merchant is not paying anything entirely. Because there are still other charges to be paid by the merchant such as : PCI Compliance Monthly Fees And many more. Generally, these plans are designed in such a manner that the processing fees are reduced to “zero” or “no cost”. However, all the other charges are increased by a bit. And when a customer is introduced to these prices, it seems like that the processing fees are reduced to zero. What Does It Cost To Your Customers? The charges are generally set to 4% or less for the customer as the surcharge of no-cost credit card processing of mercha...

Few Tips Advice that can help your search High-Risk Merchant Account looks at their respect for your business. Not with all business, but by the tech support business. Some claim to work will all “high-risk merchants account, but that is not big issues that occur in every single business. While they are all under the same “high risk” Merchants, tech support businesses have different issues. Be sure to network with local tech support merchants to learn of their merchant account decision, as this can help speed up your search. If you work a tech support industry you need good credit card processing at affordable charges. Unfortunately, there are not various merchant account providers that provide Indian, U.S. or U.K based tech support industry with merchant accounts, and even fewer merchant account providers that offer reliable credit card processing at affordable charges. If you need Merchant Account and If you are searching online for key phrases related to high-risk...

Tech Support Merchant Account Provider For retail merchants, it is pretty easy to get a payment processor but it’s not the same with tech support businesses. This is due to the high rate of chargeback risk involved. So when you are looking for a merchant account provider, you should always ask them certain questions before applying. These questions could go as follows: Do you provide high-risk merchant account for tech support businesses? What about remote tech support (if relevant)? Does the underwriting department approve of it? At times salesperson will assure you that they do provide service to tech support business and after you complete the process of applying for it, and send it for approval to underwriting department; you might find out that your application is rejected because they do not support tech support business. Merchant Stronghold has expertise in providing all-inclusive high-risk credit card processing services to tech support merchants. To g...

Benefits of E-Checks Let’s take a look at some amazing benefits of E-checks. COST-EFFECTIVE Pricey credit card networks can be avoided with the use of ACH as transaction fee is comparatively low. There is no limit on the transaction amount. If any merchant, looking for a cost-effective processor to accept large payments, ACH is where your search ends. FUNDS In traditional paper check method, it might take days to process a check whereas it is not the same with e-checks. Via E-checks funds get transferred faster and more conveniently. RECURRING PAYMENTS If a business is working on memberships or subscriptions, it is wise to choose the ACH electronic network rather than the traditional method. IDEAL FOR SUBSCRIPTION-BASED BUSINESSES There are many benefits to choosing E-checks for subscription-based businesses. Some of them go as follows: AUTOPAY Irrespective of a canceled credit card, ACH payment processing makes sure that the customer does not mis...

The term ‘offshore’ is basically used to describe banks from countries other than home country or foreign lands. An offshore account is like any other merchant account opened in any country other than the merchant’s home country. The main benefits of an offshore account are the security and the option of accepting major currencies. It also helps the merchant in increasing revenue due to tax relaxation, provides greater privacy to merchants and helps in gaining more customers (major currency acceptance). E-commerce and offshore accounts are highly linked as merchants, irrespective of their industry types. It aims at attracting a majority of customers and look for maximizing sale to earn good profit. To achieve this, the merchant needs to have a merchant account that accepts the majority of credit cards. But it is not that easy to open a merchant account, as it includes many requirements and lengthy procedures, which is not the case with an offshore merchant account. Most of th...

It is true that some offshore merchant account providers cater specific high-risk industry but it’s not the case with all other offshore merchant account providers. Let us first understand what an offshore merchant account is. It is like any other account but is with a bank outside the merchant’s home country. This type of account enables a merchant to accept payment online by accepting a credit card. It is not restricted to any industry type, but is available for merchants across all the industrial categorization and can get this account opened to reap its benefits. This type of account is more beneficial for merchant’s expanded their business beyond geographical boundaries i.e. multinational merchants. Multinational merchants mean that the merchant sells a product to domestic as well as international customer and deliver real-time credit card processing in a local currency of customer. For safe and secure credit card processing these merchants should work with a local ...

Merchant Stronghold  is in the market since long and has maintained good repo by providing best services to our clients. Our commitment to excellence drives our interactions with clients, customers and each other which helped us in attaining 100% customer satisfaction rate. Following are the things that make our service better than the other players in the market: INTEGRITY Integrity, trust, and honesty are the foundation of everything we do as a company. We look for health and long-term relationship with our clients and not just looking for one time sale. TEAMWORK We operate as a team, sharing experiences, resources, and opportunities. We help others when they need it and ask for help when needed. As a team, we along with our clients, workout for best solution which not only meets all the current needs but also meets the need of the near future. INNOVATION We make every effort to translate creative and unique ideas into services, products, or processes that...

In a simple language, the business with greater risk can be put under this category. What is the risk in a business that makes it the high-risk business? It depends on the industry you are investing in or the kind of clientele you have. Moreover, the risk department decides which business should be put under the high-risk or  low-risk business . CONS OF HAVING A HIGH-RISK MERCHANT ACCOUNT Now a business owner has to get a merchant account. This account is used to carry out the transactions of the merchant. Now if your company has too many numbers of chargebacks then your account will be referred to as a high-risk merchant account. There are many reasons a merchant do not want to own a high-risk merchant account, these are: Excessive Chargeback Fees – The Bank already considers that the high-risk business will produce a number of chargebacks. In order to deal with the chargebacks, bank charges extra chargeback fees to deal with them in the future. Need to c...

Having a multi-currency merchant account can be a very easy way to increase the sales for business from the international buyers. The Multiple Currency Merchant Account or Multi-Currency Merchant Account allows a merchant to display the prices of products and services in a different currency. This means the buyers can choose the product from the list and make the payment as per their currency. This also helps Merchants to increase revenue. It is very much required to have a multi-currency  merchant account  to accept the payment as the world is becoming a single marketplace. In order to sell products and services to global buyers, US sites are on the top till now. We at Merchant Stronghold offers the Merchant Accounts for your businesses as well as the 24/7 services. In case of any issues or queries related to the account setup or another technical glitch, you can visit us at  merchantstronghold.com BENEFITS OF MULTIPLE CURRENCIES MERCHANT ACCOUNT Mercha...