2. HighRiskMerchantAccounts
Are you a high risk merchant?
Some services are considered risky in the payment processing arena. They are turned down by several credit card processors. Gambling sites, airline services, software
services, auction sites are few business those are deemed high risk class. If you are a providing some service that can’t procure a standard ecommerce account, then you are
deemed a high risk merchant. Only international or offshore payment processing options could help your case.
Road blocks for high risks merchants:
Not being able to acquire standard ecommerce merchant account, doesn’t allow credit card processing. Lack of essential payment instruments can deter your progress with
payment and sales. Trustability of your service is expected to take a blow. High turnover of your sales would only make your experience more uncomfortable. Processing
can’t be smooth with the kind of limitations you typically have.
How to make it hassle-free:
When you can’t escape the high risk merchant tag, acquiring a high merchant processing account is your final option. A third party agency could provide you with high risk
merchant account. Nevertheless, your business should not be having serious issues while getting high risk merchant account.
What benefits should you expect from high risk merchant services?
- Credibility:
Connecting yourself with reputed merchant service, adds credibility to your services too. Making your payments more trustworthy goes a long way in increasing sales.
- One stop solution:
One stop service to process your debit cards, checks, credit cards, gift cards and currency conversion would come in handy to provide high levels of comfort.
- Speedy processing:
Getting pre-approval and registration in 2-3 days would be ideal to kick-start your online payment processing with pace. Processing is completed within 2 weeks for most
part.
- Smoother operations:
Switching between a payment processors and payment options frequently can hurt on time. Mutually beneficial one stop payment services brings necessary relief.
- Customer support:
High risk payment processing services have an in-house support at every need of hour. A 24x7x65 service is a real prospect.
- Privacy and security:
PCI compliant solutions help achieve highest level of security with payments. Privacy provided by these services could not be paralleled.
3. PrepaidCardRewardsProgram
TheVirtual Card Merchant Rewards Program provides merchants with the ability to extend
rewards to its existing and prospective customers. This is accomplished as participating
merchants accept aVirtualCard as payment to be applied towards their customers’ orders. The
transaction dollar amount may vary based on the promotion which each participating merchant
chooses to extend.
VirtualCard transactions are entered into the merchants’ payment gateway to facilitate each sale.
There are no credits, returns, or chargebacks and all transactions are deemed final at the time of
occurrence. Each card is typically used to process multiple transactions but may only have a single
transaction if the desired promotion dollar amount is large enough (ie. $100). Although not
required, each transaction is also typically associated with a specific customer which receives the
reward/incentive to make a purchase.
This program provides a great benefit to participating merchants as it enables them to solicit
return business from qualified customers and to encourage new business from prospective
customers. An ancillary benefit of this program is that it will substantially increase the amount of
guaranteed sales processed by the merchant, which will work to enhance the merchant's existing
processing relationship(s).
Virtual cards are non-reloadable. Each virtual card has a maximum load of $250 and can process a
maximum of 10 transactions. Card orders are provided to the merchant within 72 hours of a
completed order.
4. CustomPrepaidCardPrograms
Custom built prepaid card solutions
Domestic or International
Website, mobile app, & custom cards
Virtual open or closed loop capabilities
Economic or industry based solutions