Seminar Merchant Accounts
Seminar Merchant Accounts are at times difficult to obtain but if you have the right merchant account provider then you have an edge over others. Seminar Merchant Accounts are meant for cardholders who would be participating in an event.
There are seminars in diverse fields such as Medical, Software, Astrology or Inspirational seminars which may be organized for a day or may extend up to a week.
Medicine is a vast field which seems to have infinite knowledge and endless research and itâ€™s usual to find many travelling seminars happening globally to target different specific fields of medicine.
Consider an example of a doctor who is established and known for his experience and developments in joint replacement surgery. He can travel across the country imparting his experience and skill to other doctors and hospital staff.
Now if a seminar has to be organized for such an event, it can cost $2,000 or even more per attendee and it is but obvious that people will be using their credit cards for making payments. Therefore, a merchant account has to be there to accept payments.
People who can afford will even cover large distances for attending informational and software seminars. Such seminars include everything from a scratch related to the particular business software.
There can be varying topics that the seminar can be based upon such as how to raise capital for startup business or the right ways to invest money. So, the entire payment including the seminar fees, travelling expenses and everything will be done through credit cards. So, this clearly justifies the importance of the merchant accounts.
Real Estate Seminars
Real Estate seminars are of shorter duration and comparatively lower entrance fees than other seminars. But the Real Estate gurus who sell their CDs or DVDs consisting of consulting packages are highly priced up to $10,000 or more.
The high pricing factors entitles these seminars as high-risk industry and therefore most banks and financial institutions donâ€™t provide merchant accounts for the same. Undoubtedly, there are some convincing speakers who justify the huge investments made for the seminar. Such speakers are cautious about not to exceed the claims and deliver a high-quality, power packed with information seminar.
Stock Market Seminars
The same is the case with the stock market industry. But few Stock market seminars are based on “liveâ€ť trading which is a way of justifying the credibility of the speaker’s program.
If you really wish to be a future trader, such seminars can provide even the smallest technical details related to it. But you need to register in advance for such seminars also which can be done with the help of credit cards. And the Stock Market Gurus need to provide a smooth payment gateway to their customers to accept the payments.