Merchant Stronghold

The US and European Merchant Accounts – The US and European Merchant Accounts allow the e-commerce merchants to accept payments online using almost every major Debit or Credit Card. With the Merchant Account, the merchant can also accept the recurring credit card payments. Here we are going to discuss the difference between US and European Merchant Accounts briefly. US Merchant Account – Merchant Stronghold: Initially, only US banks were providing the credit card processing services to the e-commerce merchants or stores and these services have been initiated by the American Bank. After seeing the successful growth in the online selling, the banks also started providing the e-commerce merchant services for the online selling to the merchants. Now, there are several US banks who offer the e-commerce Merchant accounts, credit card processing services and other transaction services. And this rise in the number of banks affected the prices and grew to be bargainable or competitiv

A pros of High-Risk Merchant Account – Getting a “High Risk” Merchant label is not anybody’s dream. There are many businesses that are considered as a high-risk business and many payment processing companies do not want to work with them. But sometimes, we ignore the benefits of having a high-risk business. Here we are going to discuss the pros of high-risk merchant account. When discussing the pros the cons should also be considered. You will get the complete information related to the high-risk business and merchant account. If you have any further query, feel free to contact the Merchant Stronghold at the toll-free number +1(888) 622-6875. WHAT IS THE HIGH-RISK BUSINESS? 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 put under

With new eCommerce sites popping up each day, online shopping is turning into the simplest and most helpful approach to buy products and services. But, not every entrepreneurial venture into the online market have been successful. The greatest supporter of eCommerce failure is lack of knowledge. While there are similitudes between the traditional method for doing business and running an online store, there are key differences that influence the business development and the overall customer experience, which at last decide the achievement of an eCommerce site. Things to know before Launching an E-commerce Website Few things every e-commerce entrepreneur should know when launching a new online store: SIMPLE USER-INTERFACE (WEBSITE) DESIGN A website’s look and feel is the first impression a customer gets of an online business. Neon signs in the window of a brick-and-mortar store might attract customers, but a flashy website design with all the latest bells and whistles mean

The Internet has not only changed the way of shopping but also brought revolution in the payment methods. It is very important for small-sized as well as medium-sized businesses to choose the mode of payment wisely. One of the fastest growing methods of payment is via Credit Card or ACH. Being a more secure method of payment, merchants prefer ACH over paper check payments. Established business availing ACH benefits tend to be more successful. The Working of E-Checks ACH (Automated Clearing House) is an electronic network through which a merchant uses E-checks instead of paper checks to process a financial transaction. Electronic checks or E-Checks are digitally equivalent to normal checks/paper checks. To set up an e-check payment processing service and accept checks, information provided on the merchant’s paper check is required and is necessary. E-Check Payment Processing Service To be able to accept e-check, a merchant has to first set up the ACH direct deposit. For th

Offline vs Online Payment Processing – Most of the money transfer is done via the online payments method now. But everybody remembers the good old days when every transaction was done using the cash money or other valuable items. Surely, many people use cash money and offline payment is also used widely. There are certain advantages and disadvantages of both of the payment methods. We will discuss the difference between both in details. For more information, feel free to contact Merchant Stronghold anytime and get details related to Offline vs Online Payment Processing. The difference between the Offline and Online Payment Methods? Most of us clearly understand the difference between the two payment methods that we have. As simple as it sounds, the offline method uses cash money or other valuable items to make a payment/transaction. On the other hand, the online method does not involve any physical money while making a payment. But the thing is that many of us do not know h

Merchant Account:- It's like a bank account. Merchant Account gives the facility to a merchant to receive payment in numerous ways typically debit or credit cards. If you maintain an online business get a high-risk merchant account. The procedure is really simple-  just apply for one through a merchant account provider. Fill the application form, attach all the documents. Send those documents to their underwriting department for survey and approval. When this finished, you will be good to go to accepts payments. However, this isn't simple for Tech support Businesses. Most of the credit card processors do not serve the tech industry. So it is a difficult task to find a tech support merchant account provider. Technical Support Merchant Account Provider For retail merchants, it is really simple to get a payment processor yet it's not the same with technical support businesses. This is because of high rate of chargeback risk included. So when you are searching for a me

If there’s one industry technology has changed tremendously in recent years, it must be retail. The fact is, most people are doing their shopping on the web as opposed to going to physical stores. According to research, around 77% of UK grown-ups purchase merchandise on the web, with this statistic at around 79% in the US. As a market, online business is obviously lucrative. Information from Statistical claims that it created $2.3 trillion and 1.7 trillion in pounds of sales worldwide in 2017. and by 2021, online retail incomes could reach $4.88 trillion and 3.6 trillion in pounds. The best thing about the online business is that you don't need to be a Silicon Valley tech giant to make your own store. Because of technology, it couldn't be simpler to living by selling items online. However, you have to guarantee that you don't simply have a simple to-utilize site so customers can discover things easily, you also require a reliable payment gateway for when punters hand

Accepting credit card payments includes something other than purchasing a terminal. Deciding if you'll be opening a merchant account, picking a merchant services provider, and selecting a machine most aligned with your business model are all critical steps along the way. If you run a small business, at that point you've considered accepting credit card payments from your customers. With people carrying less and less money consistently, card payments are frequently more advantageous for benefactors, and can really help develop your business. But, how would you get a credit card machine? 1. Decide if you might want to open a Merchant Account. Accepting credit cards isn't simply an issue of essentially purchasing a credit card terminal. It also requires enrolling a credit processing service. This ordinarily includes opening what's known as a Merchant Account, an understanding between a merchant services organization and a customer specifying the relationship—in

It's sufficiently troublesome maintaining a business online without worrying about your payment processor . For most, it's a given that you can just set up PayPal or Stripe and things will run easily. For others, be that as it may, it's a struggle to remain in their good graces, and it can be devastating to have one pull the plug. Basically, it comes down to two components. First is the nature of the product. Frequently, digital products, software and other online deliverables are marked as high-risk. The reason is straightforward; there's no tracking number for shipping and no simple affirmation of delivery. At the point When a product dispute comes up, shipping confirmation is one-way organizations like PayPal confirm regardless of whether the item was actually delivered. With products where the delivery is a connection in an affirmation email or a software product key, it's considerably more hard to track. The main point is the rate of chargebacks and di

In the event that you run or are beginning a debt collection business, you require a reliable credit card processor at low-cost. Unfortunately, that is transforming into progressively more hard to do as such. In case you’ve been within the enterprise for any time, the everyday cycle for a debt collection employer to experience regarding their credit card processing needs is to first experience an aggregator like Stripe or PayPal. The advantage to these agencies is that they carry out very little underwriting. Along these lines, despite the fact that they do now not exactly essentially get debt consolidation businesses, you can normally get regular and accept rapidly. The drawback, in any case, to the utilization of that aggregator kind money owed, is that after you unavoidably have a chargeback, or build up your business beyond say, $20,000 as per month, those aggregators will begin to explore your business venture. when they do, their most normal reaction is to solidify all of your