Get Merchant Services for Consulting Business In Easy Steps

Merchant Stronghold offers you the control that your business needs to climb up. We provide reliable and secure architectures so that you get premium security and low fees. There are many payment solutions, you can choose from payment types that are much familiar to your users. It doesn’t matter whether your customers are in Europe, Canada, America, or United Kingdom. Our merchant services are capable of accepting payments from anywhere in the world.

BENEFITS OF OUR MERCHANT SERVICES

Payment Processing:

Your business can accept cards, securely and affordable. We believe that merchant services should be low cost, simple, and transparent. Merchant Stronghold provides these services with no hidden fees.

Point of Sale:

We have changed the waypoint of sale works. There are no additional costs, everything that you select comes with a warranty, support, and upgrades. We can reduce operational cost and increase customer satisfaction.

Business tools:

Best payment solution will be at your service. You can collect data and analyze it to gain more profit. Everything that a business needs to succeed is integrated into one portal.

Business Financing:

With a simple and reliable application, you can provide quality services to your clients. We offer most advanced and compelling financing offers so that your business benefits you.

Merchant Stronghold believes that your consulting business can be directed towards the right direction. We stand with merchants- so that they can enhance business with fair and honest practices. Business is not just about earning money, it is about making customers happy.

Our merchant services can deliver premium services not only to business owners but their customers as well. We don’t keep anything from our clients as we make sure that business owners are proud to offer credit card processing on their website.

MERCHANT STRONGHOLD SERVICES INCLUDE

Credit and Debit card processing:

Some people use the credit card for shopping and others use the debit card, so having both the options will expand your domain.

Latest Technologies:

One of the most important points is to have technology efficient website to grow your business. We offer an affordable solution that includes EMV chip card terminals and point of sale.

EMV Chip Card:

This technology can protect your business from possible frauds. Contact us and we will explain it in detail.

PCI DSS Security:

It is important for a business to comply with PCI security standard. We can maintain it for your business.

Protect Your Online Business With Cyber Security

Cyber Security for Online Business

Thе Internet аllоwѕ businesses оf аll sizes аnd frоm аnу location tо reach nеw аnd larger markets аnd рrоvidеѕ opportunities tо work mоrе efficiently bу uѕing computer-based tools.

Whеthеr a business iѕ thinking оf adopting cloud computing оr juѕt uѕing email аnd maintaining a website, cybersecurity ѕhоuld bе a раrt оf thе plan. Theft оf digital information hаѕ bесоmе thе mоѕt commonly reported fraud, surpassing physical theft.

Evеrу business thаt uѕеѕ thе Internet iѕ responsible fоr creating a culture оf security thаt will enhance business аnd consumer confidence. Thе Small Biz Cyber Planner 2.0 iѕ аn online resource tо hеlр small businesses create customized cybersecurity plans.

Cyber Security tips to Protect your Online Business

Broadband аnd information technology аrе powerful factors in small businesses reaching nеw markets аnd increasing productivity аnd efficiency.

However, businesses nееd a cybersecurity strategy tо protect the thеir оwn business, thеir customers, аnd thеir data frоm growing cybersecurity threats.

• Train employees in security principles:
• Protect information, computers аnd networks frоm cyber-attacks:
• Prоvidе firewall security fоr уоur Internet connection:
• Create a mobile device action plan:
• Make backup copies оf important business data аnd information:
• Control physical access tо уоur computers аnd create user accounts fоr еасh employee:
• Secure уоur Wi-Fi networks:
• Employ bеѕt practices оn payment cards:
• Limit employee access tо data аnd information, limit authority tо install software:
• Passwords аnd authentication:

A secure network iѕ a robust network. Cyber-attacks саn hарреn in minutes аnd аrе оftеn vеrу hаrd tо detect. Make ѕurе thаt уоu tаkе аll essential steps tо prevent a security breach.

Why An LLC Is The Right Structure For Your Startup Company

They can get the merchant account and get paid from national/International Customers

One pattern that is being observed and said to be the safest type for the formation of the company in the United States is “Limited Liability Company”, the reason behind this type is preferred over the others is its business structure and there is no need to have a permanent resident to register for this company type and getting a payment gateway integrated with it to accept Credit Card payments.

A Limited Liability Company structure combines the feature of Sole Proprietorship and corporation that is, the income of the company is treated as the income of owner(s) and the limited liability of corporation means the owners or investors are responsible for the amount that is being invested by them in the company.

The business owners preferring LLC, get one of the legal advantages that every business owner prefers to have is this type creates a bar between the owner’s personal assets are kept away from the business assets.

That is, it offers the protection to the owner’s personal assets from the business assets at the time of legal decisions about the business.

There is a different and decent type of taxation method that is implied while registering a company under this type. The company doesn’t need to file for a corporate tax that is owners and investors report their profit and loss at the time of paying tax.

Now to get the access for a MERCHANT ACCOUNT and payment gateway for the acceptance of any electronic payment method the company needs to provide these documentations:

• There is need of U.S. bank account, for this the person who is the registered agent of the company in the United States can use its account as the transactions made by the sales in the United States needs to be cleared in any bank of United States and must have Merchant Account to get paid from customers.
• The name that is registered under the name of Limited Liability Company should be used as “Doing Business As “name.
• Physical or virtual presence of the business in the United States will be required to show the company. For which the company needs to provide an address and a telephone number that will help a company.

Best Secure Merchant Account For Timeshare Business

Timeshares business offers various types of packages, vacation rentals, and airfares. It is considered as high risking business because credit card processing is high trafficked. The transactions also occur via phone and internet, and customers complain about services a lot. It takes a lot of time from booking to receiving, and because of it, disputes are common. A few years back, timeshares merchants weren’t offered credit card processing because of frequent cancellations and refunds. Now merchant account providers are able to take the risk, but travel and related business must keep terms and conditions clear.

Credit card fees and charges

There are various fees associated with transactions, mostly depend on customer’s card and type of transaction. Cards such as American Express, debit, credit card, and type of business are the key factors. Banks don’t want chargebacks because these cost money so they monitor timeshares business closely. Merchants must check best processing rates and look for an online merchant account that offers high processing limit. Those timeshares businesses with a chargeback rate of more than 1% are denied accounts. You should look for a merchant account that offers tools to reduce the risk of chargebacks.

Timeshares business should seek a merchant account that is trustworthy and offer the best rates. There are many strategies that can help you lower chargebacks. Effective sales and marketing methods, direct processing, and keeping records can reduce the risk.

Merchant Stronghold is familiar with many credit card processors and scenarios. We offer low rates to our timeshares business owners so that they can process credit cards without having to follow bank to bank approval. We can help you by finding credit card processors best suited for your terms, conditions, and rates. Before providing you services, we inform you of the advantages and disadvantages so that you are aware of possible risks and benefits. We work with businesses and individuals so that they can get the best solution. Merchant stronghold provides education so that you are satisfied with the outcome.

How to start A Credit Repair Business in USA

The idea of having a credit repair business is that many gateway providers will see this as high risk. It isn’t really coming with the highest possible risk, but there are plenty of challenges to be had here and you should think about that the best way you can.

Should you get a high-risk merchant account despite the potential issues that might appear? Yes, because you can either do that or you can opt for an offshore merchant account. Either one works, the idea is to just find the best options that suit your needs and which delivers the utmost value for your money. You have to keep in mind that the main focus here is on finding a good payment processor and lowering the amount you have to pay in the end. It can be tricky to do that because all payment processing solution services out there will ask for a transaction amount, so you need to put things into perspective and see what works for you.

Granted, it can be a challenge to own a good credit repair business with online payments, but this is a very important portion of such a company, to begin with. You might not need a credit card terminal, but you do require a high-risk merchant account or even a regular merchant account. There are many providers that will be able to help you in this regard. You just need to stay fully committed and focused on results because that’s what matters the most in the end.

A Fact

You have to keep in mind the fact that setting up a merchant account with a credit repair business is very tricky, so you should oversee all potential expenses, to begin with. That’s what really makes the experience worth it, the fact that you can perform and receive online payments without a problem. This is very important for any credit repair business, which is why opting for the best merchant payment processing solution is crucial, to say the least.

Should you consider getting a merchant account for your credit repair business? Yes, because this solution is very important and results will indeed pay off very well in the long run. It will not be easy to do so at first, but the experience will be extraordinary, to begin with. Remember that your main focus should be on having a seamlessly, great working business. It will be a challenge at first, but a merchant account can indeed help take things to the next level. Just keep that in mind and you will be very happy with the results.

High-Risk Merchant Account For Debt Consulting Business

Why do you need a merchant account?

There are plenty of reasons why you might need one. Not only does this help you generate more value for your money, but at the same time, the return investment is great. You basically get to integrate credit card processing and a credit card terminal into the entire experience, to begin with. That’s what really manages to make the solution stand out. Having check processing or credit card processor options can really allow your business to generate more clients.

Plus, you have to think about consumer convenience. This is very important for you and it will bring in front a very immersive and fun experience, to begin with. At the end of the day, the ability to explore offer consulting services to your customers is very important, but so is the ability to get paid online or via credit cards. For this, you need a good point of sale system and a dedicated merchant account that will be able to process all of these tasks as fast as possible.

Is it easy to do this on your own?

No, you just can’t manage and track all payments properly; it can be very confusing and challenging. On the other hand, you will see that having a merchant account can help bring you new clients and even generate return clients as well.

It’s very hard to find a good set of features that can help you deal with online payments. Thankfully, a merchant account will be able to help you do that as fast as possible. It will not be easy to do that at first, but in the end, that’s what makes the experience worth it. Plus, the fact that you will be able to offer great merchant services to your customers is also very important. This can really help bring in front a much more refined experience and you do want that to happen for sure. Do try and integrate the best payment processor solutions to your customers and results will be extraordinary all the time!

Few Effective Tips to Reduce Shopping Cart Abandonment

Reduce Shopping Cart Abandonment – Shopping cart abandonment is a real issue for e-commerce merchants. According to recent statistics, as much as 70% of the customer leave the cart before making a purchase in an online store. It can be due to multiple reasons or just one that makes the customer lose interest in your product and leave without buying.

But you should not worry, there are some effective methods that would help reducing cart abandonment percentage. Even a small percentage can make a huge difference. This article will provide you with such details. Also, feel free to get in touch with an expert at Merchant Stronghold if your situation is a bit serious and you need an instant difference in your ROI.

1. REDUCE CHECKOUT STEPS AND CLICKS

Make sure your check out procedure is smooth that doesn’t include suspicious extra steps. There is a high chance that customer may change his mind if the checkout takes a lot of steps.

Tips to Reduce Checkout Steps to Further Reduce Shopping Cart Abandonment:

Also, given the option to add postal address details along with other required personal information.

Ask the customer to Sign Up or Sign In before going for the shopping.

Give an assurance of safety of the user’s information.

Offer guest purchase without signing up, as you cannot force a customer to create an account with you.

Doing all these will reduce the checkout time for the customer as the customer is not required to enter personal details at the time of the purchase.

2. ENSURE THE SECURITY OF PERSONAL DATA AND PAYMENT INFORMATION

Security is very important when it comes to online shopping. When you are asking your customer to enter their personal data, they are going to be a little hesitant. It is the responsibility of the merchant to build the trust and safe environment for the customer to make the payment.

For that, you can add trust logos to your shopping platforms along with the security. Also, make sure the trust logos are clearly visible to the customers.

For more such tips, feel free to contact the experts at Merchant Stronghold. You can try the toll-free number i.e. +1 (888) 622 – 6875 or the 24/7 email support. We also provide assistance for a high-risk merchant account, offshore merchant account, and merchant gateways.

Processing of Merchant Account Application with Merchant Stronghold

Here are the generally detailed documentation(irrespective of any country) that are required for the merchant account is:

To prove that the applicant is the legal resident of the country he/she should have these documents to initiate the application process:

Legal presence in the country: The merchant should have a registered legal name and address and a Doing Business As name.

Physical presence: The merchant should have a physical presence of the business place. This physical presence can be the applicant’s home or an office from where the business is being incorporated.

An existing personal or business bank account in the country where the applicant is applying for the merchant account. 

The documentation that will be required while filing the application form and get the approval as soon as possible:

Applicant’s form: This is typically provided by the bank or processor to get filled by the applicant that acts as the resume of the applicant which will contain almost all the details about the applicant. The basic details that should be specified in this document are business’ fundamentals, Tax ID, the address of the applicant, e-mail address, web portal details of the business(if available), sales and processing volume details.

Business license: This document help business owner to prove that the business is registered with the local government body and the merchant have the legal authority to sell the products.

The article of Incorporation: This document is required whenever the merchant or business claims to be owned by multiple people or claims to be in process on a world level.

Voided check: A voided check must be deposited by the merchant; this should be a permanent check that is the name should be pre-printed on the check.

Guarantee: This is one of the things that will be required if the business belongs to the high-risk industry or the transaction volume of the business is high. For this, the merchant needs a third party that can give the assurance about the business’ profitability and existence.

If the business is a high risk that is if the volume of transaction is high or the product belongs to the industry that is categorized in the high-risk business industry the merchant needs to provide these details:

Financial transaction details of the personal account, of last two financial years.

Financial transaction details of the business account, of last two years.

If the business has used the virtual terminal they should provide the transaction processing details of at least last 3-6 months.

Get 100% Secure Merchant Account For Your High-Risk Businesses

If уоu аrе a high-risk business, your орtiоnѕ are a third раrtу processor or using an offshore merchant ѕеrviсе рrоvidеr. Either way, mаkе ѕurе thаt уоu ѕhор аrоund to find thе bеѕt роѕѕiblе ѕоlutiоn fоr your business.

SELECTING A HIGH-RISK MERCHANT SERVICES PROVIDER

Whеn choosing a high-riѕk mеrсhаnt provider, always bе guidеd bу thе golden rule of rеаding аll dосumеntаtiоn рrоvidеd аnd аррliсаtiоnѕ thоrоughlу. Thаt inсludеѕ; finе рrintѕ, nоtеѕ, tаxеѕ, fees, contingent fееѕ, miѕсеllаnеоuѕ charges аnd any tуре оf rеѕеrvеѕ аѕѕосiаtеd with the ассоunt. Aѕk ԛuеѕtiоnѕ if some оf thе рrоviѕiоnѕ аrе ambiguous. Mоѕt оf thе mеrсhаnt service providers have diffеrеnt fees аnd charges fоr оnе buѕinеѕѕ tуре tо аnоthеr. Hеnсе, it would bе better to аѕсеrtаin thаt уоu аrе rightlу classified, аѕ you should bе.Tаkе thе timе to gо thrоugh аll the imроrtаnt facts of gеtting a high-risk merchant services ассоunt. It mау tаkе a bit mоrе timе thаn tурiсаl ассоunt, but remember, withоut bеing able to ассерt сrеdit саrdѕ аt уоur business оr online ѕtоrе, thе rеvеnuе that you аrе going tо bе missing оut оn will grеаtlу outweigh thе соѕtѕ of thе ассоunt.

Buѕinеѕѕ Struсturеѕ

Whеthеr it’s a high riѕk business оr nоt, choosing a business ѕtruсturе is one of the firѕt steps in ѕtаrting a buѕinеѕѕ. There iѕ no реrfесt business ѕtruсturе, аnd еасh structure has itѕ оwn аdvаntаgеѕ and diѕаdvаntаgеѕ. Fоr еxаmрlе, while a sole рrорriеtоrѕhiр iѕ nоt subject to dоublе taxation, it doesn’t рrоtесt thе owner frоm реrѕоnаl liаbilitу.

Sеlесting a buѕinеѕѕ ѕtruсturе invоlvеѕ thе consideration оf vаriоuѕ fасtоrѕ, rаnging frоm the соѕt and еаѕе of setting uр thе buѕinеѕѕ tо tаx trеаtmеnt and реrѕоnаl liability оf thе оwnеr. While it’s uр tо each buѕinеѕѕ оwnеr tо select thе ѕtruсturе that wоrkѕ bеѕt for hiѕ оr hеr buѕinеѕѕ, structures that minimizе one’s реrѕоnаl liability wоrk bеѕt fоr high riѕk businesses. To do this, соnѕidеr fоrming a соrроrаtiоn, limitеd liability company, оr a limited liаbilitу partnership. Yоu ѕhоuld avoid bеing thе ѕоlе оwnеr of a high riѕk buѕinеѕѕ (gеnеrаl partnerships invitе ѕimilаr liability riѕkѕ), аѕ thеѕе buѕinеѕѕ ѕtruсturеѕ lеаvе thеir оwnеrѕ open to реrѕоnаl liability fоr thе dеbt аnd judgmеntѕ inсurrеd by thе buѕinеѕѕ.

Getting Legal Help

Starting a buѕinеѕѕ саn bе еxсiting аnd scary аt the same timе. Thеrе are mаnу thingѕ thаt buѕinеѕѕ оwnеrѕ hаvе to think about аnd take care оf so that thеу саn bе in line with the аррliсаblе laws аnd рrоtесt thеmѕеlvеѕ frоm реrѕоnаl liаbilitу. A аttоrnеу саn be a very hеlрful rеѕоurсе when starting a buѕinеѕѕ — еѕресiаllу a high riѕk buѕinеѕѕ — аnd саn help you avoid рrоblеmѕ in thе futurе. If уоu have аnу questions оr соnсеrnѕ аbоut starting your buѕinеѕѕ, it’s in уоur best intеrеѕtѕ to соntасt a buѕinеѕѕ organizations аttоrnеу in your аrеа.

Email us anytime! @ info@merchantstronghold.com 

Instant Approval Merchant Account in United States

The Document will help a merchant to show their legal presence in the United States, if a merchant has the above necessary proofs, they can apply in the bank for a merchant account that can help them to collect payment through credit cards.

Now for filing the application for merchant account the documents will vary with the businesses risk volume, that is categorized with the dependence of these factors including nature of the business, monthly processing, previous processing experience, etc. Although, the basic things a merchant needs to fulfill while applying for the account is:

Application Form: The application form that will collect the basic information of the business and applicant. The information includes a physical address, Tax ID, average sales, bank account details, web address, phone number, etc. There is an advance pricing agreement that is regarding the pricing of the products.

Incorporation proofs: if the applicant claims that their business has the existence in all over the world, then there is a requirement of providing/submitting the copy of incorporation paperwork, that proves that business is illegible to collect payment from around the world.

Business license: The applicant’s business requires any kind of permit before being sold; the applicant needs to provide the appropriate license copy at the time of application.

W-9 form: This is an application form for a Federal Tax ID. It’s not possible the form can be substituted with the SS-4 form with which a merchant can obtain the Tax id.

Personal guarantee: The processor tries to be safe from the risk of debt that occurs form the fraudulent activity that is the undeniable part of the card payment transaction. The personal guarantee is basically required by the privately held companies due to the nature of the business.

Other than the document, the businesses that are listed in higher risk categories need to provide these additional details about their business:

Business financial statements: Normally the details of last years of business transactions are required.

Personal financial statements: Again, the details of the last two years of personal account details.

Processing details: If the business has previously accepted the card payments, then at least of last three month of processing of payment details needs to be shared with the processor.