Why You’ll Need a Telemarketing Account

In the Telemarketing business, to find a solid payment process that would lower the possibility of customer disputes and chargebacks, seems like a daunting task. It’s hard enough to sell something over the phone and being unable to accept payments at that very moment can hamper the revenue generation of your telemarketing business. To increase the sales and to enable your business to grow, you need to get a telemarketing merchant account. This enables your business to accept credit/debit card transactions online or over the phone.

The key benefits of having a telemarketing merchant account are as follows:

• Maximizes profits with a trustworthy and stable solution.
• Online payment gateways with the ability of having a virtual terminal to process Mail-Order and Telephone-Order Transactions.
• Multiple currencies transactions are possible.
• Customers are easier to ‘upsell’ when they can charge it on their card.
• Significant increase in sales & conversion rates with lesser payment disputes.

Due to high chargebacks faced by the telemarketing merchant services, owing to the nature of the business, the need is to have stable and around the clock payment processing capabilities. A telemarketing merchant account allows businesses to grow to their full potential without being let down because they are high risk. Comprehensive assessments are carried out over telemarketing merchant services for approving their request for a merchant account. These include the level of chargebacks the business is likely to incur, the industries being served by the telemarketing activities and the credit rating of the business and its owner/owners.