Online Sales And Ticket Booking Merchant Account

Booking a ticket or selling it online doesn't require payment gateway but all we need is a proper payment solution. In these fast times, the payment gateway or a permanent merchant account for events business, which is a High-risk business is more profound as the customer is opting out for online payment.
At times businesses have started a thing which is giving cashback and various discounts to the customers.

Points a merchant should look after.

1. Universal payment acceptance: Merchant should have access to all kind of payments that is cash, online, debit, credit cards.
The merchant should make a convenient and easy payment method so that no hindrance occurs to any customer loss.

2. Integration process – Rather than spending precious developer bandwidth on payment integration, spend the time building the product of your dreams.

3. Pricing Packages Simple pricing packages that make sense for your business.

Benefits To Look After : 

1.PCI compliant.
2.Easy integration.
3.Easy settlement in the Bank account.
4.Less time-consuming.

Get more details about the merchant account and new updates in it. Call Merchant Stronghold  +1 (888) 622 - 6875. 

Alerts Your Business Gives, To Discard Merchant Services

Stay updated and it’s time to change the old merchant account service provider. Discard services cannot help you anymore. Merchant account holder suffers a lot once they got trapped in the hands of mischievous account provider.

Merchant at times need to swallow the pain, and they are helpless.

Points To Look After

1.     Old Practice

Look at the services the provider is serving you. Merchant services providers should always be updated regarding the new updates in the market. The Debit and Credit card companies are always improving and bring changes likewise your business should also adapt and concur.

Without these updates, your company may suffer many losses in terms of customers, reputation, etc. A firm should properly update the payment options where they can serve their best services without any disappointing customers. Keep your firm updated on services and products.

2.     Uncertain Fees

Merchant usually gets a sudden shock after looking at his bank statement. Surprised fees are the most annoying things that the merchants have to face. This is the correct time a merchant should switch or leave the service provider. Common deductions are:

1. Account Application Fee

2. Account Setup Fee

3. PCI Compliance Fee

4. PCI Non-Compliance Fee

These are the services that the merchant is charged from the provider but unfortunately, these fees are not described on the very first day of the service. A merchant, therefore, is not left with any other option at this moment. So, keep your eyes wide and ears open before making the decision on your provider.

3. Interrupted Support

Once services are taken merchant asks for all time support round the clock. In a quick survey, some of the merchants have come forward sharing their disappointments with the current providers. Usually, they do not justify the services they give against the purchase of the service. 

Whereas at times it leads to the blockage of the terminal and angry customers on the merchant’s portal.

This is how a merchant gets stuck with the services if he gets entangled in the trap of fake service providers.

Merchant Stronghold: Service Station

Merchant Stronghold holds the services which are beneficial to the merchant. Serving the best services which suit amazingly best to the merchant’s business nature.  Be a part of our family and enjoy each and every moment with us. Call us anytime; we are on toes to help you. Call us at +1 (888) 622 – 6875 or visit our site at

Are you looking Secure Payment Processing for Online Businesses?

Nowadays, there are a lot of e-commerce and m-commerce transactions; opening doors for cybercriminals. As a merchant, you need to confirm that you provide the best payment security and that your customers don’t have to worry about their data. Customers usually cannot select their own payment gateway, so it’s up to you to make the best and perfect choice for them.

PCI COMPLIANCE

When you’re processing payments on your website, PCI (Payment Card Industry) is a must. The Payment Card Industry Data Security Standards (PCI DSS) provide direction for merchants that tell them what they need to do in order to secure sensitive data in payment processing.

A merchant doesn’t have to be PCI compliant if he/she selected the right payment provider (one with PCI level 1). He/she can leave it up to the payment gateway to comply with the industry level security excellence. Note that data encryption is needed by PCI.

SSL

Each and every transaction should be secured with SSL protocol. SSL helps to encrypt the information so that the card details and all other sensitive and important data is secured. It, of course, improves payment security but also makes customers more eager to for the purchase.
A padlock icon in the URL bar symbolizes the SSL, and the web address starts with https.

ADDRESS VERIFICATION SERVICE

You can also use an Address Verification Service, which requires customers to give the billing address connected with their credit card. If the address on the card matches with the one in bank’s documents, the transaction will go through.

Many companies have a problem of controlling the location and storage of their payment data, but almost 42% of the companies claim that payment data is at serious risk when it is stored. A Global Study on the State of Payment Data Security shows that over 50% of organizations had a breach involving payment data within the past three years.

Merchant Stronghold will help you secure your payment processing in order for you to provide the best payment security to your customers. We also provide high-risk merchant services, contact Merchant Stronghold to get answers to all your questions related to the security of payment processing.

Get Merchant Account for Seminars and Coaching

Speedy Merchant Account for Educational Seminar 

Educational seminars are always high on demand. To make everyone up to date after many changes universally educational seminars business coaching and management training sessions and workshops are the best ways to sharpen up to the skills. 

As more businesses have accepted the value of professional development and continuing education classes, the industry has benefited greatly because often seek out experts instead of holding seminars in-house. 

Businesses who receive most payments via credit cards, like educational training and business coaching merchants, are considered high-risk merchants by banks. Trainers usually get stuck in getting a merchant account for the educational sector.  

Fill out Merchant Stronghold online application today and get approved for a merchant account. Merchant Stronghold arranges educational seminar merchant accounts with multiple PCI-compliant payment gateways which accommodate any nature of business with technological needs. Additionally. Merchant Stronghold offers chargeback management tools kit with the whole fraud filter. 

Types of Educational Seminar Services From Our End 

Merchant Stronghold offers educational seminar merchant accounts to many types of businesses in the industry. Merchants offer the following services:

•Management and Professional Development Training

•Quality assurance training

•Business coaching

In addition, Merchant Stronghold provides merchant service. We have a long history of working with new and high-low risk businesses in which merchants get instant open merchant account services and credit card processors, as well as merchants with no credit, bad credit, or high chargebacks. We equally treat people under one shelter. 

Any kind of information about a high-risk merchant account, Merchant Stronghold is here for assistance. You have any queries you can ask our experts team. 

Freely Contact Us - +1 (888) 622-6875.

Also, Email - info@merchantstronghold.com

Tech Support Merchant Account | What are the requirements for Merchant Underwriting

It is pretty easy to get a payment processor but it’s not the same with tech support businesses. This is due to the high rate of chargeback risk involved. So when you are looking for a merchant account provider, you should always ask them certain questions before applying. These questions could go as follows:

Do you provide high-risk merchant account for tech support businesses?

Does the underwriting department approve of it?

What about remote tech support (if relevant)?

At times salesperson will assure you that they do provide service to tech support business and after you complete the process of applying for it, and send it for approval to underwriting department; you might find out that your application is rejected because they do not support tech support business.

Underwriter’s requirement

When you fill the application form for opening a high-risk merchant account for your tech support business, it is forwarded to the underwriting department for approval. The underwriter’s role is to make sure that the business is good for the credit card processor to take on and it’s worth the risk. Underwriter looks for any type of loopholes in your application and the likelihood of the credit card processor facing the losses on the account. This can occur due to the high number of chargebacks that went unpaid. Also, unpaid billing or fines imposed either by the government or card brand or the sponsor bank. These reasons are good enough for declaring a merchant as fraudulent and rejecting the application for a high-risk merchant account.

The business or merchant that looks stable, legitimate and have sufficient amount in the bank account to cover chargeback are more likely to get for approvals. Better the reputation of your business, more are the chances of getting merchant account approval. So, if you are applying for a merchant account, make sure that your bills are not due and chargebacks are clear. If you maintain your account regularly, then also there are good chances of your application approval.

Merchant Underwriting Process

The merchant account is basically a line of credit. In the case of chargebacks, the amount is cut from the merchant’s account. But, if there are not enough funds in the bank to pay for chargeback then the provider pays that amount right away to the customer. So the essential part of underwriting is to evaluate the risk level of the merchant’s business. Following are the things that provider review:

Check it out @ Merchant Underwriting Processing

Why Merchant Account Important for your Travel Business

If you run a travel agency as the tour operator, or hotel operator planning to the same then you must be excited by the opportunities in High Risk. Before start receiving online funds, you must setup payment gateway for your merchant account. Your online payment gateway basically makes it possible for your customer’s payment to reach the merchant bank’s processor.

OVERCOMING HURDLES | WHAT YOU CAN DO TO GET MERCHANT ACCOUNT

Find consultants who specialize in the helping high-risk merchants finding a merchant account.

We at merchant stronghold provide you the same.

If you have a good record of risk, fraud, and charge-backs, you will be required to provide at least 6 months of prior financials to prove it.

If these processors receive any hint that you are high risk, there is a chance that the merchant account will get a termination.

A common mistake that everyone does is to find big banks and merchant account, providers.

The best side of this is that if you can provide financial statements of 3 years, you will have more leverage to negotiate a better deal.

Startups with a weak or non-existent record, you must accept a very well relationship.

Develop and put into action a strong fraud prevention plan. Introduce new tools that will help you detect and fight fraud.

These actions will be enough to get a merchant account for your tour and travel business. Just because of rejection for a merchant account before, doesn’t mean you will not get approval again.

When it comes to your business plan and financials, providing complete transparency is a great way to build trust. Your business model matter, it will work to not only survive in the current market but also thrive.

It is necessary for you to choose the best merchant account provider to better your newly founded organization. You can reach us at +1 (888) 622-6875 or email to info@merchantstronghold.com

Advantages Of Mobile Payment For Transportation Service

If you are traveling to big cities, local commute (taxi or car) is the option most of us would

like to opt for. Your taxi driver may only accept cash payment which may cause you trouble like no cash, shortage of change, security issues etc. So it is better to use cashless payment methods, especially if you are related to the transportation industry. 

Advantages

Mobile payment has many advantages over the traditional method of payment i.e. cash payment. When you are in the transportation industry, there is a lot of cash flow on daily basis, which most of the time is with the drivers as they are on road, providing services. It is not possible for the drivers to come back to the main station to deposit cash after every trip. So he has to carry cash along with him all day long until he is off duty. Due to which they become a target and may end up in unfortunate incidences (robbery). It is best to use a mobile payment method for security purposes, better services, and greater revenue. Let us discuss a few of the advantages of mobile payment in detail:

Effectiveness

It is very common for a customer to not have the exact amount or a change with him, resulting in wastage of time in arranging the difference for the customer. When you accept the payment through mobile, it merely takes 20-30 seconds to swap the card and get the customer’s signature. This will increase the effectiveness of transportation service and time saved can be utilized in serving the next customer, resulting in greater revenue.

Convenience

In today’s world, the flow of virtual money is more than hard cash. People like to use credit/debit cards instead of paper money. It is easy to carry, convenient and a secure way of making payments. The transportation industry is rapidly growing, which increases the demand for multiple payment methods for the customer’s convenience and safety. Most of the customers availing transportation services prefer making the mobile payment rather than paper money, as it is the most convenient.

Control

If you have more than one driver i.e. multiple drivers, it becomes important as well as tedious to control and manage funds effectively. You need to find out an organized way to watch your money. By using credit card processing, you will be able to keep an eye on payments made by clients, what each driver earned, everything you want to know with the help of an online merchant portal.

CONCLUSION

Apart from these three advantages, there are many more advantages of using mobile payments. The above-listed advantages help service providers to manage his/her business more efficiently, increase profitability as well as provides security. With the help of such payment processors, payment is directly deposited into the merchant account, so there is no chance of losing a payment.

Pros and Cons of High-Risk Merchant Account

In a simple language, the business with greater risk can be put under this category. What is the risk in a business that makes it the high-risk business? It depends on the industry you are investing in or the kind of clientele you have. Moreover, the risk department decides which business should be put under the high-risk or low-risk business.

CONS OF HAVING A HIGH-RISK MERCHANT ACCOUNT

Now a business owner has to get a merchant account. This account is used to carry out the transactions of the merchant. Now if your company has too many numbers of chargebacks then your account will be referred to as a high-risk merchant account.

There are many reasons a merchant do not want to own a high-risk merchant account, these are:

Excessive Chargeback Fees – The Bank already considers that the high-risk business will produce a number of chargebacks. In order to deal with the chargebacks, bank charges extra chargeback fees to deal with them in the future.

Need to create a Merchant Account Reserve. For the high-risk business, the bank asks them to open a no-interest saving account. This is done to deal with an unexpected number of chargeback in the future. If someday merchant is asked to pay a large sum due to a chargeback then this account will be used to pay off the customer.

PROS OF HAVING A HIGH-RISK MERCHANT ACCOUNT

There is also a bright side to own a high-risk business. It is hard to believe but high-risk business can actually help you earn more profit than other businesses.

Great Earning Potential. The payment processor limits the revenue rate for the low-risk business. But the high-risk business has no limit when it comes to earning and expanding the business.

Risky Products lead to More Profit. When you own a high-risk business account, you can sell almost anything in the market. This is one of the Pros of High-Risk Merchant Account that makes it the most profitable business.

Worldwide Expansion. If you own a high-risk business then you have all the access to expand your business beyond boundaries. You can deal in any currency with the desired country.

When it comes to earning the profit, high-risk business is the best. Also, you can say the Pros of High-Risk Merchant Account is a great profit.

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.

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.

Open Instant Approval Offshore Merchant Account with Merchant Stronghold

Merchant Stronghold is well known for its services and fast processing system for the High-risk offshore merchant account. We have been voted #1 High-Risk merchant service provider in the year 2015 and 2016. If you are looking for the offshore account for your high-risk business, you have reached the right place. We provide hassle-free all-in-one merchant account that includes everything that a high-risk offshore merchant requires to process successfully, which includes:

• Debit card processing
• Credit card processing
• ACH Processing 
• Payment gateways
• Chargeback management services

Merchant Stronghold also provides facilities that make accepting payment way easier, these facilities are:

• POS machine service
• Virtual terminal
• Online setup

Merchant Stronghold is in the market since long and has maintained good repo by providing best services to our clients. Our commitment to excellence drives our interactions with clients, customers and each other which helped us in attaining 100% customer satisfaction rate. Following are the things that make our service better than the other players in the market:

INTEGRITY

Integrity, trust, and honesty are the foundation of everything we do as a company. We look for health and long-term relationship with our clients and not just looking for a one-time sale.

TEAMWORK

We operate as a team, sharing experiences, resources, and opportunities. We help others when they need it and ask for help when needed. As a team, we along with our clients, workout for best solution which not only meets all the current needs but also meets the need of the near future.

INNOVATION

We make every effort to translate creative and unique ideas into services, products, or processes that create value. We have a well knowledgeable and creative team which works hard to come up with new and better solutions all the time, depending upon the requirement of our client.

COMMUNICATION

We foster an environment where all associates’ voices are heard and everyone is encouraged to share their opinions. We work as a team and appreciate active participation of all our employees, encourage new ideas and irrespective of their designation, value their opinion. Not only with our team but we also respect any valuable suggestion from our client.

ACCOUNTABILITY

FAST SETUP/APPROVAL

RELATIONSHIP WITH BANKS