Why Must Own a High Risk Merchant Account
Why Must Own a High Risk Merchant Account Before you decide upon the kind of merchant account you want to go for, you also need to evaluate the nature of business and how do prospective providers view that particular feature. A high risk business usually indicates a high number of chargebacks, or is by definition […]
Continue Reading →Important Questions to Ask When Opening a New Merchant Account
Important Questions to Ask When Opening a New Merchant Account A merchant account in very simple words is an arrangement between a merchant and a bank that allows the former to accept credit card payments from his customers. Most businesses looking for expansion and improving their reach look for a merchant account that suits their […]
Continue Reading →Take Steps to Reduce Friendly Fraud
Take Steps to Reduce Friendly Fraud Friendly fraud has become a common problem for smaller businesses all over the world. It is basically the situation when a customer after having placed an order claims that he had not ordered one in the first place or didn’t receive it as his end. Such circumstances usually result […]
Continue Reading →Correlation between Sales Volume and Merchant Account Approval
Correlation between Sales Volume and Merchant Account Approval The monthly sales are defined as the value in dollars of the sales that have happened in Visa and MasterCard credit cards, in a month. Let’s read more about monthly sales and their relation to merchant accounts. Getting Approval A merchant account approval can be compared to […]
Continue Reading →6 Smart Tips on Choosing the Best Merchant Account
6 Smart Tips on Choosing the Best Merchant Account How easily, safely and cheaply you can process payments (whether at a local store or on the Internet) will determine your profit margin as well as the probability of success. So, make sure you do not haste when you are out looking for a high risk […]
Continue Reading →Benefits of Credit Card Processing
Credit card payment acceptance is becoming the lifeblood of high risk merchants and an important revenue source for their business. In this write-up we’re listing the benefits of payments made through such specialized accounts.
Continue Reading →PCI Compliance for Top Notch Fraud Protection with AMSLV
PCI Compliance for Top Notch Fraud Protection with AMSLV On September 7th 2006, the five leading credit card associations in the world laid the foundation of PCISSC – Payment Card Industry Security Standards Council. Their sole objective was to protect the highly sensitive information of credit card holders from fraudsters who storm hundreds of poorly […]
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