Merchant Stronghold

Credit card transaction is not a new concept. Everyone claims to know the process: swipe the card, hit the button and the transaction is complete in a blink. But do you really know the process? Do you think that it is as simple as it seems? It actually is a much more complex procedure than what you witness. The fact is swiping the card and signing the recipe is the first and the last step of the procedure. In between lays multiple steps that include more than one person working invisibly for the customer to complete that particular transaction. Most of the customers do not care about the complete process. It may seem unnecessary, it provides important information about the inner workings of the modern commerce. Not only for customers but knowledge about credit card transaction process is tremendously important for small business owners as well, as it is a merchant who has to confront the cost of the payment processor. Let us discuss the working of credit card processing in detail. ...

Merchant’s Guide to Getting Funds Faster – After the customer has made the payment, the amount paid is put under the review and it generally takes 1-2 business days to actually credit into the Merchant Account . The time between the transaction and addition of amount in the merchant account is called funding time. And the process is called funding. A merchant wants a quick funding because after the funding the merchant is allowed to use that money for investment or another purpose. This is an application in case of the digital money transaction. The cash transaction is free from funding, as the money is instantly available for the merchant to use or invest. Here, in this article, we will discuss the methods to reduce the funding time. You can either follow the Merchant’s Guide to Getting Funds Faster or contact Merchant Stronghold for an expert opinion. Feel free to contact by placing a call at the toll-free number +1 (888) 622 – 6875 . Tip to Minimize the Processing Time T...

Setting up a merchant account is very important and usually, it’s not that hard to do it either. What makes a merchant account great is the fact that it allows your company to accept both credit and debit card payments. Usually, you will need to have either an agreement with the bank that they process credit card payments or you can work with a free deals association, MSP and so on. Either solution works as long as you collaborate with a dedicated financial institution and have an assigned purpose of offer framework. The first thing you have to do Determine the way credit card payments will work for your company. This means that you need to figure out the type of credit card payments that you want to accept and how you accept those payments. You need to see if you accept website payments if you want to use a POS solution or mobile payments. You will also have to think about the amount that you get from credit card sales to begin with. Aside from that, when you create a new ...

Merchant Account Provider for Business – Usage of cash and checks is reduced in the past decade. More and more people are relying on the cashless transactions. This means people are getting comfortable with card payment and cardless transactions. But this is not good news for Merchants. They have to adapt according to the changing economy. This transition takes time and understanding. In such case, sometimes a merchant needs an expert to guide them with the changes. Similarly, to handle the cashless transaction, a merchant needs a merchant account provider. A merchant account provider for business is very important. They provide all kinds of services that can be too much for a merchant to handle while running a profitable business. This is a guide from Merchant Stronghold to help the merchant to get the best merchant account provider and to understand the need for a merchant account. There are benefits of getting a Merchant Account Provider for Business: Better Money Managem...

All websites and companies need tech support in order to connect with their customers and solve any potential issues that appear. No matter what industry one pertains to, there will always be a need for tech support companies. However, with so many companies in the tech support world, it will be very hard for you to stand out which is why we are here to help. We will provide you with a merchant account and a very good payment gateway that will you boost your business and offer you better help to your customers. Why do you need a payment gateway and merchant account ? If you want to have a high class, compliant tech support company you need to do all you can in order to streamline your financials. Not all support companies out there tend to deliver the utmost value which is why it can be nothing short of frustrating when a merchant problem appears and your business can’t get paid. Plus, many companies use only specific payment processors which make it even harder to get paid. ...

Best Merchant Account for High-Risk Business – When handling the card payment for the business, you must choose your card processor and merchant account very wisely. The Merchant Account should handle all your business needs along with the money related issues. Additionally, when you have a high-risk business then you need to choose your merchant account very carefully. This article is a guide for the business owners looking for the best merchant account for high-risk business. Furthermore, if you are looking for specific guidance with respect to your business then you can contact Merchant Stronghold. We have merchant account experts who can guide you to get the best services you want. How to Choose Best Merchant Account for High-Risk Business ? First of all, you need to lay out the demands of your business to shortlist the high-risk merchant account providers. Then out of those shortlisted service providers, choose the one that feels right. Here are some aspects of the Merch...

For any ѕmаll business, сhооѕing thе right сrеdit саrd рrосеѕѕing company dоеѕn’t hаvе to bе diffiсult. Stаrt with a few ѕimрlе questions. Cаn they wоrk with mу buѕinеѕѕ? Thinking lоngеr term iѕ imроrtаnt. Sеlесting thе right charge card handling organization is аbоut саrеfullу measuring thе experts аnd cons оf аll орtiоnѕ accessible to уоu. Tоdау, there are mоrе орtiоnѕ thаn еvеr. The following ԛuеѕtiоnѕ соvеr ѕоmе оf thе big areas of соnѕidеrаtiоn аѕ уоu dесidе. Arе Thеу Cоmраtiblе with Yоur Business Nееdѕ? First thing'ѕ first. Yоu nееd to knоw if уоur сrеdit саrd рrосеѕѕing company оffеrѕ what уоur business nееdѕ. Choices аrе еvеrуwhеrе today. Diffеrеnt alternatives solve fоr diffеrеnt needs. Choices аrе еvеrуwhеrе today. Diffеrеnt alternatives solve fоr diffеrеnt needs. Sо what's your buѕinеѕѕ—еCоmmеrсе wеb ѕitе, lаrgе business, small buѕinеѕѕ or ѕоmеthing in bеtwееn? Lооk for a сrеdit card preparing соmраnу whоѕе mеrсhаnt accounts, ѕеrviсеѕ and ѕоlutiоnѕ, are tаi...

In this advanced world, when organizations are observing that e-Commerce platform that is creating sites for selling goods and services. Many existing businesses or start-up get stuck while planning about what sells to on the web? How to build up a site that discusses their goods or services? What is the necessity to be fulfilled by the business owner so that customers can pay through the website? In simple terms the answer is, Irrespective to the product or services, smart buyers first observe their satisfaction while accessing the website. The factor that affects the satisfaction of customers is their access to communicate to the customer support, understand the website’s policies and business’ presence on the web. So, what a business needs to take care of while starting an e-Commerce website is the security standards of the website, the visibility of the company’s vision and return policies. To show a satisfactory online presence of the website or business is how much the busi...

Dealing with bounced checks and running to banks is time-consuming and unnecessary. An instant merchant account by Merchant Stronghold can save your time; your customers can pay via much easier and flexible way. It will not only save time, but you will save money as well. If you are expecting increase in sale, you need an account that is capable of handling future upgrades. If your business is growing and you need the best merchant account, then don’t pass up merchant Stronghold’s certified payment processing service. Accept Credit Cards Flexibly As time passes, your business will grow big and more distinct. A business that grows consistently needs a flexible payment gateway that has enough room when there is pool of customers, merchant stronghold provide these systems to business owners. Not every merchant account provider will offer flexible account that grows with your business. There are many options along with a payment gateway, your account will cover most of the platfo...

Open Merchant Account with Bank – As a merchant, you can jump between bank accounts for the online transactions of your business. This is the time when you should take your business to the next level by opening a business bank account. A Merchant Bank Account helps them to make payment using different methods including credit card, debit card, net banking, and other digital payment methods. Also, using a single account can cause convenience while calculating profit and loss. In this article, we will discuss details related to the merchant bank account. To answer the question “Should you open merchant account with bank?”, read it till the end. Moreover, if you are facing some issues with your payment processing methods then contact Merchant Stronghold at the toll-free number for assistance. We provide specialized expert assistance for issues related to high-risk business , credit card processing, and many more. Benefits of Opening Merchant Account with Bank If you own a small ...

Businesses are quickly changing the method for accepting payment for the ease of customers. Although, in the meantime, this technique for accepting payment electronically gets tricky for the merchants who don't have the correct thought of how to get the access of payment gateway for accepting Electronic Payments. The answer for “how to get the access of payment gateway and accept Visa, MasterCard, American Express and Discover” in simple words is, the business needs to establish a Merchant Account. But, this doesn’t only solution as Merchant Account, is just the service that is provided by the banks that will help to accept the electronic mode of payment. Businesses can choose between the elaborate array of collections banks from across the world have ACH, Check Processing, Credit Card Acceptance , Point of Sale System, etc. The choice of services in some cases make a lot of confusion for business owners to choose the perfect services according to their business type and w...

Compare Payment Gateway Provider – A payment gateway allows the card-not-present payment, which gives convenience to both the customers and merchants. This makes the transaction easier and faster. In order to expand the business, the merchant should add the payment gateway provider as one of the payment options. The market is full of Payment Gateway providers that offer different schemes. But the question is which payment gateway to choose from the available options. You can follow this article to compare the Payment Gateway provider in the market. For more information, you can contact Merchant Stronghold for the assistance. Also, we can help you choose and compare Payment Gateway Provider. Factor 1 – Fees and Additional Fees for the Services The transaction processing fees and other fees for the services can affect your profit. As a merchant, you should compare the payment processing fees of the services and then get the one that is required. Here are the different fees or...

‘ FRAUD ’, the word itself generates a warning sign to both customers as well as the merchant. According to recent studies, every fraud valued 1 dollar, costs merchant $2.40. The amount may seem less but has a huge impact on annual revenue. One of the main reasons for these frauds is the credit card processing scams. Credit card payment processing companies have noticed a significant growth of such scams among small or medium-sized businesses as compared to large industries. And, if these SMBs do not have sufficient resources to handle them, the impact of scams are much more significant. A major retail can bare the impact of the loss of a couple of dollars but it is not the case with small or medium-sized businesses. Most Common Credit Card Processing Scams Let us discuss in detail about the most common credit card processing scams and a few tips to avoid them. Forced Authorization Scam To complete the transaction when customer’s credit card is declined, the merchant ...

Merchant never directly contact a bank for the merchant account initiation that should collect the card transactions.The purpose behind this there is a solid need of dealing with fraudulent and error transactions that need to be handled with the guidance of experts. For a merchant account that collects card transaction, the merchant should contact a processing company that acts as an intermediate between merchant and bank. They assist the merchant to deal with the card transactions effectively and help them to get funded from the bank against the legal transactions. For merchants in United States, we have listed the requirements of the account application that can help them to be ready with all sorts of documents that will help them to apply with correct documents while filling the merchant account application form: All the merchants who are based in U.S. they need to provide the general requirements that are listed below that will help merchant to prove that she/he is a legal...

Merchant Account For Small Business If you have a small business and you need a merchant account. Providing multiple payment options to your customers has proven to enhance sale and offer a lot more opportunities for a Small Business. Small business credit card processing is all about the secure platform for the customers. One of the crucial steps for any business is choosing a merchant account provider. If you are running a mall then cash only approach may work, but according to research, companies may miss the sale because many customers want to do online shopping. According to the latest research by Javelin Strategy and Research, online payments methods have outplaced cash only approach. Credit Card Acceptance: Accept Visa, MasterCard, American Express and Discover Nowadays only a few people carry cash, rests rely on credit cards. There are only four major card brands through, Visa, MasterCard, American Express and Discover. For a small business, credit card processing is...

Credit Card Processing with Payment Gateway – A business owner acknowledges that the Payment Processor and Payment Gateway are important aspects of payment in the current market. Moreover, it allows the merchant to add more payment options that can attract more customers. In the credit card processing, the main aspects are the merchant, customer, issuing bank, and acquiring bank. Now the question remains what is the role of payment gateway and payment processor. In this blog, we will discuss the Credit Card Processing with Payment Gateway, and the difference between Payment Gateway and Payment Processor. For more details, feel free to contact Merchant Stronghold. We assist you with merchant processing and credit card processing. Payment Gateway vs Payment Processor – Merchant Stronghold Payment Gateway – A Gateway that simply allows the merchant to access the e-commerce market by allowing the transaction. This is an online point-of-sale for the business. You just need to h...

Compare Merchant Processing Services – If your business includes card payments, physically, online or through the phone, then you must have a payment processor. In today’s digitally advanced world, you can’t just run a cash-only business. That means you need to use merchant processing services in the future if you are not using it currently. In this blog, we will discuss the significance of the payment processing. We will also help you Compare Merchant Processing Services with your article. If you are looking for more information related to the same, you can contact the Merchant Stronghold. What is Merchant Processing Services? – Merchant Stronghold In the world of business, the merchant processing service is very important, in simple words, the merchant processing is nothing but the ability of the merchant to accept the payment without any error or issue. The payment could be in different forms such as cash, debit card, credit card, internet banking, and other online method...

As we all know that online education website is in the trend. So, if you are running an Online Education website and want to accept credit card, then you are at the right place. We provide the best possible solution to all of your problems. 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 with 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 with the easy solution for your Online Education website. These are also called payment gateways. How it will profit your business? You are making a mistake if you are advertising your business and not accepting credit card payments....

Merchant which are classified as low-risk have little to no problem to get merchant account services; whereas high-risk merchant, or merchants that are classified as high-risk have much more trouble to get for the same merchant account services. High-Risk iѕ characterized bу thе nаturе оf the buѕinеѕѕ, аnd аrе tурiсаllу denied оr rеѕtriсtеd by mоѕt merchant ѕеrviсеѕ рrоvidеrѕ bаѕеd on thаt nature alone. Nоt hаving the аbilitу tо ассерt сrеdit саrdѕ аt уоur buѕinеѕѕ, whеthеr уоu аrе a low riѕk merchant оr a high-risk mеrсhаnt implies losing a lаrgе роrtiоn оf уоur сuѕtоmеrѕ, аnd аlѕо lоѕing out on potential rеvеnuе. WHAT IT MEANS TO BE HIGH RISK If уоur buѕinеѕѕ is dесlinеd a merchant account bаѕеd оn thе fасt thаt уоu аrе dееmеd high risk, thаt does not mеаn уоu cannot be approved through a different mеrсhаnt ѕеrviсеѕ рrоvidеr. It ѕimрlу mеаnѕ that уоu mау nееd tо dеаl with a mеrсhаnt ѕеrviсеѕ provider that ѕресiаlizеѕ in high risk, or рrоvidеѕ high-riѕk mеrсhаnt ассоuntѕ with...