Archive for December, 2010

High Risk Merchant Services:  Solving E-Commerce Problems

Nowadays, people prefer to pay by credit or debit card when they purchase. With so much of electronic processing, it’s important to have a system that provides financial security to the buyer. The online purchase can turn into a living nightmare if the details of the credit card are pulled out through illegal means and that’s where High Risk Merchant Services comes into play.

Usually a merchant may look for an international merchant account provider as the domestic provider may decline the application as the under-writing department may have very strict guidelines. On the other hand the international merchant account provider will be flexible to the demands of its customer as well provide him an economical package for high risk merchant services.

High Risk Merchant Services: Provide the following benefits:

  • Virtual terminals
  • Multi-currency processing service
  • Fraud protection
  • Scam control arrangements.
  • Tie up with top credit and debit card companies.
  • No problems if a vendor has large sale volumes
  • Secure transactions.
  • Online reporting.

For big, medium or small business high risk merchant services comes handy. A medium or high risk international merchant account is perfect for customers who want to expand their business overseas. Such accounts do not have caps or volume limits.

These kinds of accounts help the merchant to accept online international credit card payments. International merchant accounts can also accept multiple currencies. Processing of multiple currencies is most important for internet merchants as their customers are spread around the world. Usually, there won’t be any additional charge to open multiple currency merchant accounts. The final result is that the customer is happy as he is billed in his own currency.

Once the high risk merchant services is active, the merchant can collect payments from his website of all the major credit and debit cards. Such accounts are perfect for start up and established businesses as some agencies provide instant cash withdrawals. There are also tax advantages that go with this kind of account but that may vary as per the rules and regulations of a particular country.

One disadvantage that an international merchant account can face is the high processing fee for the services. But, the benefit that a vendor enjoys is way bigger than the fee. In the long run the agency tends to take care of its long term member by reducing the processing fee.

High Risk Merchant Account, LLC

1-866 828-8683

Posted by admin on December 21, 2010 at 12:56 am under Uncategorized.
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All That You Need To Know About High Risk Merchant

Customer is considered to be the king and this is the idea that is followed universally. There are plenty of high-street marketers giving tough competition to each other. Without an extra edge, it is almost impossible for any business houses to survive in this age of cut-throat competition. The services offered by High Risk Merchant have brought about relief in the minds of countless number of people these days.

The services offered by High Risk Merchant can be availed online. There are experts and professionals who are more than happy to help the customers with queries that will help them to increase the levels of profits. Background verifications like credit history, monthly volumes, and issues with processing, nature of commodity are done by the banks before issuing credit cards or approving loans. Under the category of high-risk commodities come Forex, adult entertainment, antiques, jewelry and travels. There are quite a few aspects of foreign exchange that falls under the risk category.

The high risk merchants facilities offered, have become a one-stop solution. There are plenty of advantages associated with the use of services offered by high risk merchants. The customer care executive offers services 24x7and this helps in ensuring the qualities. There is plenty of fast processing option that ensures that the customers are not wasting their time. Moreover, it also accepts multi- currencies. This helps the risk-merchants to expand their business.

The encryption software and strong firewall that it uses ensure that all transactions are protected. The accounts also accept debit cards and e-checks. The transaction procedures have become a lot simpler and you can say a goodbye to the traditional lengthy processes. This certainly saves a lot of your time as well as money. Electronic checks have reduced all the hassles and all the difficulties are abolished completely.    

All those merchants who are trying to carry on trade with high risk product, but however are placed in terminated merchant file or TMF list, or in no way qualifies for getting credit cards, have the opportunity of continuing their business with the help of services offered by high risk merchants.

For more detailed information, it is advisable that you get in touch with the customer care executives available online. The details will be available to you, when you log into the individual website. Services offered by high risk merchants try to keep pace with the changing circumstances and make the entire experience a lot easier and free from hassles for high risk merchant account merchants.

Posted by admin on December 16, 2010 at 12:36 am under Uncategorized.
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There is an element of risk when there is an online usage of credit card as the owner is not physically there to present it. High risk credit card processing is developed for accounts that are related with businesses that have high risk namely travel, gaming, telemarketing, online pharmacy, ticketing, downloadable software, adult entertainment, etc. The most important agenda has been to offer a hassle-free online environment for its customers while they receive online payment.

There are account providers known as merchant who help vendors to do their business in a secure online environment. The high risk credit card processing agency sees that the customer does not face problems when he deals with payments that may have heavy risks.

Presently, all vendors of high risk are provided with high risk processing facilities. The global merchant account providers also provide high risk merchant accounts. There are various other processing benefits that a customer can enjoy. Not just that, the facility also provides solutions.

The biggest benefit that a vendor enjoys once he is related with the facilities is that he won’t be hassled by other banks as well as processor. Apart from this, he can manage bulk sales without the fear of financial risks. Even the business site of a vendor can easily accept credit and debit cards that are used commonly around the world.

A vendor has to follow the following procedure:

  • If a vendor of high risk wants to obtain high risk account, he needs to apply for it.
  • The application is examined by the processing agency that has its own protocol before it approves the account.
  • The third-party processor comes into play if the eligibility criterion is not met by the agency.
  • The third-party processor is a service that’s provided by the processing agency.
  • After the primary work, the payment setup is opened to the applicant and from there on he can make sales.

It is very important for a vendor to do thorough research to be sure of the negatives and positives of each solution that’s offered to him as well as it should fit best with his business. It’s also imperative to read the offer document in detail so that the vendor is not unknown to the charges as well as how the merchant account  also advisable for a vendor to always go for a provider who is the best in the virtual market.

High Risk Merchant Account, LLC

1-866 828-8683

Posted by admin on December 7, 2010 at 3:12 am under Uncategorized.
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High Risk International Merchant Account

Having an easy online transaction is a boon for many e-commerce business solutions. A high risk international merchant account is needed mainly by businesses that have a large volume of sales and high turnover and, hence most susceptible to fraud. A international merchant account is used by merchants who deal with telemarketing businesses, E-wallet and E-cash, travel services, ISP and hosting services, online pharmacy, adult entertainment, online dating services, online auctions and debt services etc.

These types of transactions are called as “high risk” and need a high risk international merchant account. Since the payments are made online and involve credit card transactions without the customer’s signature and card swipe it creates a difficulty for the credit card processor. It becomes difficult to dispute a charge-back as there is no record or receipt of the transaction. Charge-backs are costly and therefore many processing bank accounts demand higher rates, for these high risk business to make up for any incident that would cause them loss.

Some of these businesses need a high risk international account because they may not be registered legally, the businessman’s credit history is not consistent or the business itself is so small that they may not be able to afford expensive software used to screen frauds or pay the processor’s fees itself. Sometimes large volumes of sales in certain ventures make it vulnerable to fraud and these vendors come under the high risk category.

A high risk international merchant account enables the merchants or businessmen to accept most of the major credit cards. Using an online payment process allows the businesses to accept payments at any time of the day or night, making the whole process a lot easier for the customers and this invariably boosts the sales.

A potential client need not undergo any cumbersome payment processes which might put him off and thereby lead to a low turnover. A high risk international account gives online businesses the power to accept currencies of various denominations from their online customers anywhere in the world. It is also possible to save on taxes and other government fees when transacting. Finding a suitable high risk international account is not very difficult as most of them are easily available on the internet. One just needs to go through the different reviews and check and compare the prices before selecting a high risk international merchant account that would be most suitable to their business needs.

High Risk Merchant Account, LLC

1-866 828-8683

Posted by admin on December 4, 2010 at 7:59 am under Uncategorized.
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