MOTO Merchant Accounts (Mail Order / Telephone Order)

The transactions are processed manually for MOTO Merchant Accounts as the credit card is not physically present. MOTO Merchant Accounts are similar to Online Merchant Accounts in a way that the rate structure in both is based on the CNP short for Card not present, as compared with the retail environment (CP- Card Present) where the card is literally physically present with the customer.
 

 
In MOTO Merchant Accounts the transactions are done manually. This requires the help of a Virtual Terminal (online payment processing), a PC based application, or a credit card machine for manually providing the detailed information.
 
If a merchant has an online business where the customers can buy things then there has to be a payment gateway to enable customers to make payments online. The need for the Online Merchant Accounts arises for the online purchases through a virtual shopping cart is done.
 

What you need to know about MOTO Merchant Accounts?

The online purchases are processed through phone, or manually by a mail order, but both the cases do not involve the physical presence of the card. Therefore, authenticity of the card cannot be judged. This invites frauds and charge backs and therefore this business has been considered as high-risk. Therefore, the pricing and fees for MOTO merchant accounts are considerably higher to cover the risk.
 
There are many other reasons that have a direct influence on the rate structure as well such as Average Ticket Size (AVT), volume of purchases, and category of product and type of services.
 
Some products and services are vulnerable to higher chargeback rate such as customer disputes but services like low ticket sales are less risk-prone. So, when you look for a merchant account solution for your payment gateway needs of your online business, make sure the provider gives you customized solutions that cater to your business model and needs.
 

 
You would be fortunate to get merchant accounts for your business from AMSLV. We have the expert team that can understand and provide flawless solutions for your business. Moreover, we also have connections with cluster of banks which can help in getting the merchant account in just 2-3 days time.
 
If you are looking for the right merchant account solutions for your business and protect your business against frauds, then just give us a call today @702-456-1116
 
We offer quick services and our merchant account application process is open throughout the year. We are always available for you and ready to answer all kind of queries.
 
Waiting to provide you with our services!