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Showing posts from May, 2019

Important Factors of Merchant Account Processing

You are new to the business or have lots of experience, you still might have some misconceptions about it. Not Worth the Time – Firstly, entrepreneurs find that they have the best payment processing with the banks, some businessmen don’t care about the ease they get while doing the transactions through a merchant account. Expensive Affair – Yes, the merchant accounts don’t come cheap, but they are not costly either. They just tell you the fees in a package where all the things are segregated and revealed as one. As well as the providers tell you the fees in percentage so, you have a clearer perspective on the rates. Misleading Promotion – The misconception is that the service providers prevent the facts and sell the merchant accounts in higher percentages or give out misleading information as a result of non-formal training and burdened pressure to close a deal. Independent agents have a bad reputation for failing to disclose some of the more serious terms of the

High Risk Credit Card Processing Merchant Account for Bail Bonds Business

A  Merchant Account  and processing of credit card payments for your bail bonds business, it can be very difficult. Numerous Credit Card Processors don’t want to work with Merchant services of bail bonds businesses because of the high-risk environment of the service being provided. All merchants require the capacity to process plastic card such as  credit card payments  and debit card payments. While many bail bonds organizations are “Cash only bonds”, this can discontinuation the process for clients, and it can magnify those who are in a hurry to free their loved one from custody. While plastic card payments leave a company at high risk for deceptive action, Merchant Stronghold has the best safety features to help you battle these issues. And while every fraudulent issue cannot be detected due to the ever-changing fraudster industry, Merchant Stronghold offers you chargeback insurance to help ease these fears. In the event that you have a Merchant Account and are fulfilled,

What You Need to Know about a High Risk Merchant Account

OFFER/CAMPAIGN INFORMATION Describe the product/service being sold? How is the product/service ordered or purchased? What are the price points for the product/service? Is the product/service being sold through a Front End or as an upsell offer? Is the product/service being cross-sold with any other product/service? If yes, explain. Is there a free trial and/or auto-ship program attached to the product/service? Is there a recurring billing/continuity plan associated with the product/service? Documents and KYC 3 months of recent business bank statements. (If a new business, the merchant should be able to show financial stability to support the startup/operation of the business or personal bank statements.) 3 months recent prior processing statements for all products intended on being processed through the merchant account (If applicable) Prior years and year-to-date business financials (Prior years audited financials required if available) Website or Marketing materials (P