Offshore High Risk Merchant Accounts for Nutraceutical Products
For any E-commerce site, to accept payment by multiple means you need a proper payment gateway and a merchant account that supports your needs. Without a merchant account, you will not be able to accept payment via credit card or debit card. If you are finally looking forward to spreading your business worldwide, it is important to have the capacity to process such payments.
Nutraceutical products (commonly known as Nutra products) have formed a billion dollar market. Business dealing in such products is categorized as high-risk business and therefore most conventional banks and merchant processors will not provide services to companies like this.
Why considered as high risk
Nutra products include weight reduction remedies, anti-aging, and sexual enhancement products. Although it is a prize-winning industry, it is still considered high-risk because of the following reasons:
- A higher number of chargebacks
- Frequency of bankruptcies
- Customer Enrollment Cancelations
Benefits of Merchant Services for Nutra Product Sales
Some merchant account providers specialize in high-risk merchant account but charge the higher fee for certain accounts. There are few providers who offer customized end-to-end payment solutions, which are more beneficial for the merchant as compare to others. Some also offer to process for numerous currencies. For these and other reasons, it’s best to do very systematic research of merchant processors that offer merchant accounts for Nutra deals.
Several benefits of using the merchant account for Nutra product sales are:
Payment acceptance through various means: If you want to grow your business it is important to accept payments by multiple means. Customers feel comfortable if they can pay or choose the payment option as per their choice and convenience, for the products or services they require.
Acceptance of all type of credit cards: If you have a payment processor that works with all credit cards, the merchant can deal with people and companies all over the world and expand their business.
No volume limit: Merchant service provider can provide you with a payment system that does not restrict you from making business deals and financial transactions. Also, a system where you can carry out transactions without any interruption or issues.
Extra benefits provided by some of the merchant account providers:
- 24/7 technical support
- Fast set-up and approval in 24 hours (depending on Acquiring bank)
- No hidden fees in terms of Nutra Merchant Account Solutions
- Instant integration with the website
- Affordable data processing rates
How to Shop for Merchant Services
Despite the fact that there are more choices nowadays in the card preparing industry, as a result, finding the correct processor can be challenging. You will require one that addresses your organization’s issues, but that can take some time and legwork. Discover what different administrations they are offering, for example, online installment doors. You can also inquire whether they handle things like various monetary standards. Also, discover a processor that can make different Nutra deals and shipper accounts accessible to your organization.
Instructions to Work with Conventional Merchant Services Providers
Pay organization bills on time and keep financials in order. Give clients great services and make returning items simple and convenient. Nutraceutical related merchants who give genuine items at reasonable costs could hope to remain in business and expect outstanding income. Search for long-term solutions for your Nutra deals here.
Apparel and Clothing Payment Processing Services
The clothing industry is growing by leaps and bounds, so as the level of competition in this industry.
On a daily basis, bulk transactions take place in each apparel store. It is important for a merchant to provide their customers with a payment processor that is convenient and secure. A good payment processor not only saves time for the customer but also takes less effort in making a successful payment.
Payment processor should be simple and seamless so that the merchant can invest his/her time more in the business plans rather than fixing payment issues. To run a business without much chaos, fewer errors and simple checkouts is like a blessing.
The Need for a Payment Processor
Customer waiting in a long queue to pay for the product at times gets impatient with the delay that increases the chance of the customer leaving the store without purchasing the product. It is important for a merchant to install a fast and reliable payment method in order to increase the sale and buy customers loyalty (if a customer’s experience in your store is comfortable and relaxing, there are chances that the customer will return). For the best customer experience, it is advisable to provide multiple modes of payment (i.e. excepting debit as well as credit cards).
To accept debit or credit card payment, business needs to have a
Painless Payment Processing Service
When we talk about payments, the first thing that a merchant would expect is a secure and uncomplicated payment processor. But it is common to come across certain complications like wrong entry, human error, duplicate authorization etc. While dealing with these issues, it is also important to take care of the data security and compliance. So choosing a payment processor that simplifies these complexities rather than increasing the mess is a highly important decision that every merchant has to take.
Payment Processor for Apparels Store
Three things that your payment processor should fulfill are:
1. Connect from anywhere
2. Connect to any payment
3. Connect via the device of your choice
It is important for the merchant to choose a payment processor that provides a comfortable payment experience to his/her customer so that you can win customers trust as well as his loyalty. It is important to understand what your requirements are while choosing a payment processor. Few “must haves” are:
FLEXIBLE PAYMENT PROCESSOR
Payment processor should work in favor of your business and customer, both. It should be well integrated, should reflect working of the business (how business operates), type of payment accepted and back-end system. A highly integrated system works as a lifeline for the merchant and the business.
SCALABLE
Payment processor should be able to cop up with the growth of the business, else merchant will end up in wasting a lot of time, resources and money in the up gradation of payment processor.
SUPPORTIVE
There are times when things do not work as planned. Choose a payment processor provider that is by your side when needed. The provider should be available either by phone or through email or live chat whenever needed.
FINAL WORDS
We at Merchant Stronghold are a leading provider of payment processing services. We have a long list of happy customers who are engaged in the apparel industry and hence, we can do the same for you! Our team understands the unique needs of various industries including clothing and they are the best professionals to meet your business needs.
Gaming Merchant Account & High Risk Business Providers
As of now, the greatest internet gaming markets are generally in the USA. The European online betting industry is fast regardless of a calculation 10 billion Euros. The reason is that a few nations, for example, the US and China confine betting intensely. Or permit it in specific territories like Las Vegas and Macau.
Online Gambling Merchant Services
Online gambling is commonly known as gaming within the merchant services industry. It’s tabbed as high risk by most card processing providers. The reasons are as follows:
• Online gambling businesses feature a high-volume turnover
• Most gaming businesses are based offshore
• If the business is a startup or new, acquiring banks can be put off by the lack of credit and transaction history
Gaming Merchant Account
Merchant Stronghold understands the unique needs of online gaming. Whether it's online casinos, online gambling, online poker, social gaming or skill gaming, our experienced team intimately understands the challenges these businesses endure. Our
Gaming Merchant Account from Merchant Stronghold
Merchant Stronghold specializes in both online gaming merchant accounts and online gaming payment gateways and offers the best gaming merchant account in the industry. merchant stronghold team of experts in online gambling payment processors work closely with providers to ensure you can get the best for your business needs. So while once again we come to the risks involved in gaming, the higher the risks, the more unwilling a majority of the merchant account providers will be and lessen the risks, the more easily they will approve your website for money transactions through them. For the ones with the more risky gaming businesses, Merchant Stronghold gives you the opportunity to partner with us for numerous
Most gaming businesses are offshore
If it’s a startup, getting banks can be put off by the absence of credit and exchange history In any case, in the event that you operate in the
5 Key Steps to Start Your Own Small Business And Payment Processor Solution
It’s era of technology, an era where most of our needs are fulfilled with just a few clicks. The Internet has made our life way more comfortable than we could imagine a few decades back. With the increase in technology, our lifestyle also changed dramatically and changed the way we do basic tasks. it includes sending emails, banking, purchasing things, contacting people etc. The Internet has brought almost everything at our fingertips. As the use of the internet is increasing, it has provided an opportunity for business owners to grow their business worldwide, to reach customers they could not a few decades back.
For setting up an online business, all you have to do is follow few simple steps and instructions which we will discuss one by one in details and your business will be ready to enter the online world. These days it has become easier than ever to develop & design your own website and have it uploaded either for free or cost that suits your pocket. It is not important to have the complete technical knowledge to develop a website. Let’s move with few basic steps to get you started your online business.
Steps to be followed to open your online business are:
CHOOSING DOMAIN NAME
Choosing the correct domain name is extremely necessary. It is ideal if your domain name is similar to that of your business name or your brand so it is simple for your sponsors and potential customers to find out your website. Once website name is finalized and it is up and running, you have to invest plenty of resources into promoting it and conveyance in traffic. Keep in mind to check the name’s accessibility to check whether the domain name of your choice is free to use or available. If the name is not accessible, don’t get demoralized. Often the owner of the domain name is willing to sell it and it’s simple to work out who owns the name by merely wanting it up in “whois” section on the domain registration portals.
PICK A WEB HOSTING SERVICE
Web hosting services offer space for storing and access to websites. Don’t get attracted by free internet hosts as they put advertising on your website to cover their prices. As a business owner, you must be searching for an internet host that’s esteemed and reliable. Before going for hosting services, it is important to have a rough idea about how much space your website would take and how much traffic you are expecting through your website (web hosts can help you with an estimation). Read the reviews of different clients to perceive how frequently they encounter downtime or technical issues and how rapidly those issues are resolved.
DESIGN YOUR WEBSITE
Website designing was work professional as it was complicated and technology used to design these websites was not that advance as compared to the technology used these days and people had less knowledge about it. Today designing your website is less complicated than ever and can be done by an individual who has little knowledge about it. There are two methods via which you can design your own website:
First is to start from scratch and design your website which will include coding, complete technical knowledge and is very time consuming and can cost you the good amount of money as well.
The second method is way easier. There are plenty of professionally designed templates available, which are either free of cost or cost very less. All you have to do is choose any of the themes to design your website. Few of them also offer the live preview, so that you can check the chosen theme on demo website and ones you finalize the theme for your website add it to your cart and download the file. If you do not want anyone else to use the same theme as yours, you can become the sole owner of it by checking the option.
SHOPPING CART
A Shopping cart is a software that provides facility to purchase products online and allows accepting payments. Distribution of payment information to the merchant, payment processor, and other parties is also organized by shopping cart software. So it becomes extremely important to choose best shopping cart software. There are mainly three features of shopping cart:
- Product information is stored in it
- Gateway for order and customer management.
- Provides product data and site information for user display
There are two types of carts:
- Hosting Shopping cart (which is hosted and maintained by the third party and it is free of cost but the customer will be directed to the different domain for payment)
- Licensed shopping cart (This is hosted by the business owner and is much more flexible but is costlier)
Payment Processor Solution for your online Business
More payment options you give to your customer, more payment processing you will do. In simple words, if a customer wants to buy a product or service. And, can choose the mode of payment of his/her choice, there are more likely chances that your product will be sold rapidly. Reason being, compared to the scenario where a customer is not comfortable with the method of payment and might search the same product elsewhere.
Payment options you can offer on your website are:
- Credit card
- Debit Card
- eChecks
Once you have got the website going, we’ll be happy to assist you. Let’s set up an online payment solution that’s best for you and your business. Contact us to Merchant Stronghold & find out more.
Get Approved For An Extended Warranty Merchant Account
Credit Card Processing In case you are facing problems to find at ease and reliable payment gateway for your organization that takes care of extended warranties then service provider Merchant Stronghold assist you to out. we have the exceptional technology that makes use of safe and secure virtual terminal to let you process credit card payments in retail or online commercial enterprise.
Extended Warranty Businesses are Considered High Risk
When selling an extended warranty via a credit card, the customer can dispute the charge during 6 months. As a rule, not everything is covered by your extended warranty. When a customer buys a warranty and finds out it doesn’t cover his/her specific situation, he/she usually gets annoyed and disputes a chargeback. That’s why the extended warranty businesses are classified as high risk.
Extended Warranty Industry Processor Solutions
The extended warranty industry is considered to be high-risk industry due to its high chance of loss exposure. They also have a high chargeback ratio in terms of the comparison between high-risk vs. low-risk ventures. When a customer buys an extended warranty using the credit card, there is a time period of 6 months for the customer to dispute it. If the customer is unsatisfied with the warranty, they will request a chargeback. If the business does have the required funds to refund the amount, the credit card processor and the sponsor bank would have to pay it.
Credit Card Processing Solutions from Merchant Specialist
We know it is difficult to get approval for the merchant account from a reputed financial institution. But, you don’t need to worry at all. We’ve connections with some of the best banks and could help you to get began with merchant account fast. We are dealing with extended warranties merchant accounts for so many years and our highly expert and skilled team is capable of designing flawless solutions for your business.
we are affordable and reasonable prices which range as per the terminals. This could rely on the employer’s history and the risk factors concerned in investing with you. But, don’t worry even if you are a high-risk commercial enterprise. We have been providing effective solutions to many high-risk commercial enterprises as well.
We are happy to work with extended warranty companies and we can offer a unique set of solutions that can help your business stay viable for years to come. From technology to customer service, to cutting-edge tools like Chargeback Shield and Fraud Prevention, we have the key components to help your business succeed.
Understanding Ecommerce Credit Card Processing Works For the Benefits of Ecommerce Businesses
To cope up with the fast-growing E-commerce market, every merchant needs an online payment gateway and online credit card processing that can help the merchant serve the increasing number of customers on a daily basis who like to shop online and use credit cards as a preferred mode of payment. To successfully run an e-commerce business, the merchant needs an online credit card processing that is effective and efficient in fulfilling its purpose.
Benefits of online credit card processing
1. Improves ability: To make the website visually effective, a merchant invests a lot of time and money. But most of the merchants do not consider it important to invest much time when it comes to payment processing. However, to improve online transactions for your E-commerce business, it is important to choose the right payment gateway (a system that enables the communication between the merchant processor and a PCI compliant website to share customer’s payment details) , bank account and merchant processor, via which business owner can carry out transactions 24 hours, 365 days. The payment gateway is designed to handle data collection, encryption and secure transmission of data to the merchant account.
2. Security: It is important for every online merchant to consider the security and stability as the key factor of their business. For the long run of business and retention of customers, a reliable online credit card processing service is a must. The technology that is used for security includes PCI compliance standards that make it very difficult for criminals to crack the code and obtain customers data. Therefore, the customers gain confidence to use their credit cards to make a payment without hesitation.
3. Convenience: The third advantage of online card processing that works in the favor of E-commerce business is speed and convenience of card processing. Unlike the traditional way of carrying out transactions, this is relatively faster and an easier way. With few mouse clicks and entering basic details of the credit card, the customer can easily buy products without wasting much time. If a merchant sets up an E-commerce solution through Host Merchant Services, it will allow the business to accept payments through Visa, MasterCard, and American Express hassle free.
4. Accessibility: To smoothen the process and gain accessibility from any part of the world, online credit card processing service can be configured to facilitate merchant to access the merchant account at any time. No longer bound to geographical location and address of the store, it is easier for the merchant to control and review business transaction from any part of the world with an online access.
5. Flexibility: When an online business touches international boundaries, it becomes essential to have a payment processor that can accept major currencies. We, at Merchant Stronghold, create such an E-commerce solution to deal with a variety of currencies. No longer bound by geographical boundaries, limited currency acceptance; the sky is the limit for your E-commerce business.
From the last decade, Merchant Stronghold has proven its worth by providing excellent customer services, resolving queries of clients in minimum time and providing them with the best solution for the credit card processing. Make sure to go through the list of various options available, pricing, after sale service and compatibility before finalizing a payment gateway for your business.
High Risk Merchant Account Tips by Merchant Account Services
We Are providing High-Risk Merchant Accounts Tips If You have a Business, you need to know about Merchant Account and also need a good merchant account for record keeping to credit card processing and for the chargeback investigation, Merchant Account Maybe your good Friend or the worse enemy. A good Merchant account provider understands the issues that will arise in your business. If you want to sell something online you need both a payment gateway and a merchant account.
Merchant Stronghold offers solutions for high risk merchants like you. We know it can be a hassle to go from one bank to another to open a merchant account, only to find that you will not get approved for your application. Some organizations may be willing to accept you but there is usually a high price that comes with it.
Get a High Risk Merchant Account: It is always challenging to get a merchant account for a high-risk business. You may be searching for the best eCommerce merchant account provider but most of them will say no to you. However, there is always a possibility for Merchants to get a payment processing solution. In the next couple of hundred words, you will understand the ways to get the right payment processing solution for your high-risk business.
Below a few Tips Advice that can help your search
The First one is, High-Risk Merchant Account looks at their respect for your business. Not with all business, but by the tech support business. Some claim to work will all “high-risk merchants account, but that is not big issues that occur in every single business. While they are all under the same “high risk” Merchants, tech support businesses have different issues. Be sure to network with local tech support merchants to learn of their merchant account decision, as this can help speed up your search.
If you work a tech support industry you need good credit card processing at affordable charges. Unfortunately, there are not various merchant account providers that provide Indian, U.S. or U.K based tech support industry with merchant accounts, and even fewer merchant account providers that offer reliable credit card processing at affordable charges.
The second one is, ask questions, this may be a common understanding for the advice, but sometimes a merchant Provider is so rushed to Provide a merchant account that it is looking at Specific information, but does ask some questions. and the question is. Do you know your current processing fee schedule? if not, then you need to inquiries. Ask Questions. ask about Chargeback Insurance and inquiries. ask about the processing fee record, and if it rises when something arises in your industry. and Ask about termination charges. these things are very important, and they should be asked before you sign on with a merchant account processor.
Everything I know about a merchant account
If you need Merchant Account and If you are searching online for key phrases related to high-risk merchant accounts and provides of Visa, MasterCard, American Express, discover credit card processing services for high-risk business types and if you need some help. then you come to the right place #Merchant Stronghold. Almost everything you need to know about receiving credit cards in USA, UK, and Canada with a high-risk merchant account can be found here for our goal.
