Online Payment Processing
Choosing the best online processing service can be quite overwhelming. After all, the mass of choices can lead to utter confusion and even dismay, especially for small businesses who are taking their first steps into the world of online payments.
The intricate nature of online payment processing industry makes it challenging to secure and protect online transactions. And, being a business owner, you generally donâ€™t have sufficient time to keep up with the on-going developments. This is why you need to be sure that the company youâ€™re working with does not take advantage of your limited time scale and insufficient understanding.
Here are some of the most commonly asked questions by our clients about accepting online payments:
Will AMSLV Provide Me With a Unique Billing Descriptor?
Yes, at AMSLV we do provide our customers with a unique billing descriptor. The businesses that wish to handle their own customer service we provide them a billing descriptor that includes an abbreviation of the name of your business along with customer service telephone number. However, for businesses that do not want to handle their own customer service inquiries, AMSLV can provide you with its own billing descriptor and will also take calls on your behalf and get back to you wherever necessary.
Why I Come Across More Declines with 3D Secure Payment Processing?
Under 3D secure payment processing (also known as Verified by Visa or MasterCard Secure Code processing) the cardholders are required to create a unique password associated with their credit card account for authorizing online transactions. But often the merchants do not use 3D secure payme ntÂ processing, as a result of which cardholders tend to forget their password. This causes their credit card issuing bank to decline their transactions.
How Does The SSL Payment Processing Actually Work?
Any website using SSL certificate authenticates the site and its owner to the visitors. It also helps in encrypting the personal data that is transmitted from customerâ€™s browser to your website.
The website and payment gateway at Advanced Merchant Systems possess SSL certificates and we also require our merchants to obtain SSL certificatesÂ for their websites. At AMSLV, we complete all transactions using SSL payment processing to make sure that our customerâ€™s sensitive credit card data is safe and secure at all times.
Can I Process Payments for More than One Website?
Yes, AMSLV online payment processing service allows you to process as many websites as you may wish. But, it should be noted that in case the products on website A are different from those in website B and C, then you are required to apply for separate merchant accounts. Also, to process payments for a new site through your existing merchant account, your AMSLV manager must approve it, in case you did not mention the website on your application.
Would I Be Able To Accept Payments In Case The Nature Of My Business Changes?
In case you plan to change the nature of your business, then you MUST inform AMSLV manager or your merchant account manager. We will then determine whether the nature of your new business breaches the payment processing contract or not. But remember, if the nature of your business changes drastically, your acquiring bank may not be able to provide you a merchant account. In such a case, we will assist you in obtaining a new merchant account through one of our many banking partners.
Also, in case you do not inform AMSLV about such changes then you may be subjected to additional fines, merchant account interruptions, delayed payments or even a terminated merchant account.
To gain better insight into our online payment processing services, feel free to talk to our experts at 855-267-8472 or you can even write to us email@example.com. Weâ€™ll be more than happy to assist you!