Penny Auction Merchant Accounts
Bidding has now going on for thousands of years. The last record of an auction taking place in the world dates back to 500 B.C.! Gone are the days of auctioneers who talk fast and try their level best to complete auctions in the shortest possible time frame. Now, it’s the age of online auctions. For the success of businesses that run online auctions, having a quick, safe and reliable credit card payment processing mechanism is a must. That’s where Penny Auction Merchant accounts come into the picture.
A large number of online payment gateways and credit card payment processors are denying merchant accounts to penny auction websites, which are now looked upon as gambling portals! Even if your penny auction or any other online auction website for that matter is operating well within the applicable laws and regulations, it can be difficult to get a merchant account. Even a seal of approval from the Better Business Bureau (BBB) may not prove very useful.
AMSLV Has the Answer to Your Problem
We’ve been in the industry for many years now and understand very well that penny auction websites are not exposed to the kind of threats people with little or no accurate information on the subject talk about on their blogs and forums. Since AMLSV has partnered with a multitude of service providers and banking institutions, we’re in a position to quickly process your applications for merchant accounts and have them approved within a short time frame. At AMSLV, you will be treated as a VIP and the risks you’re exposed to, will be evaluated by experts before any merchant account solution is recommended to you.
Real Time Credit Card Processing
Unless transactions are processed in real time by a payment gateway, making profits is next to impossible for a penny auction or online auction website. Processing payments quickly and smoothly is the most integral component of auction business. While we provide the much needed penny auction merchant account to penny auction websites and other online auction businesses. We also help you choose the best payment gateway (PCI Compliant) so that all your payments are processed in real time.
Chargeback Risk Mitigation
Penny auction merchants are often subject to heavy chargebacks and for obvious reasons. In fact, potential risk is one of the biggest hurdles faced by online auction sites. We understand how much trouble it can be for a penny auction merchant account. In order to help you manage your penny auction merchant account in a cost effective manner, our experts guide you on how to keep chargebacks at a minimum.
Processing Volume Caps – None
You need not worry about processing volume caps once you’ve chosen AMSLV as your merchant account service provider. There will be no monthly limits and therefore, you can process as many transactions (high or low) as required. We understand that auction businesses, although popular in the masses, does not always have the same volume each month and this is precisely the reason why we provide this functionality to our clients.
Experts at AMSLV understand the various obstacles you as a decision maker in your company face when trying to secure a good credit card processing mechanism at suitable terms. With us, you can be assured of painless payment processing on all occasions.
You can apply for a penny auction merchant account at AMSLV right away! Fill out a short online form to get started or call us at 855-267-8472 for a quick discussion! One of our experts will get back to you and answer all your queries related to payment gateways or merchant accounts for penny auction portals.