All you want to know about MOTO merchant accounts
The basic motive behind the creation of Moto card is to fulfill the addressing needs of mail order companies so that they can effective management of their sales through telephone or mail.
A MOTO merchant account is the perfect option for big businesses or customers that wish to maintain personal contact.
The companies who want to pamper their sales without an internet based business find this as a lucrative option. For such companies, Moto accounts are offered without taking even a penny from them as part of an IMA solution.
Following are some of the advantages of the merchant accounts.
Advantages of a MOTO account
- Secure connection
The first and foremost is the security it offers giving access through a secure web page. It’s possible to receive the information about transaction through telephone or even through fax.
Since it is run through a secure page, you can also access your debit and credit cards.
- Increases mobility
A MOTO account can be accessed from anywhere in the world because it just needs an internet connection to be operated. The sales can be carried out even while on a business trip or enjoying a vacation.
Therefore, it enhances your mobility by making it available for you anywhere in the world. It is similar to a virtual terminal to which you have an easy access.
- A useful feature for e-commerce
Since everything has now gone online and is available at just a click. Therefore, customers look for safer modes of payment while they buy things online. A poorly designed, unprofessional look website is always a subject of suspicion for the customers.
They still feel secure in telling their details to a person on phone rather than filling their credit card details online.
Many of them even want to call up before they finally buy a product, so you can also give an option to access credit card directly through the phone.
So, for all e-commerce merchants MOTO merchant accounts proves very beneficial.
- Cost effective
They are cost effective and are secure enough to use. The virtual terminal can help the merchant to view the statistical data at any point of time.
Moto accounts are less vulnerable to fraud, because the ones trying to do it are unable to reach the merchants in order to make their fraud a success.
- Easy access
MOTO account can be accessed through many mediums including email, fax and even telephones. So, they give a boost to the e-commerce business and also help to earn the trust of customers.
Moreover, they don’t always need the use of physical credit card always for processing.