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

High Risk Payment Gateway for Collections Account

High-risk Merchant/business

You might think that why your business is categorized as high-risk even while you are following the right track. The reason is the target audience and the niche of your business. Some of the high-risk industries are:

• A website dealing with digital content and steaming
• E-commerce stores
• Travel and transport companies
• Adult and dating websites
• Companies dealing with multi-level marketing and direct sales
• Loan and financial businesses
• Crypto-currency
• Companies providing supplements
• Fast-growing companies
• Companies selling custom-made products

Other reasons for being a high-risk business can be an excessive number of chargebacks. Also, bad credit record, selling goods with high value, products open to the risk of fraud or a subscription-based business. These are the factors that make it difficult for you to get a merchant account and especially to be able to accept online payments from debit or credit card, with a merchant service provider. So, without a merchant account, you will stand nowhere and will lose to the competitors.

Setup a Collection Account

Setting up a merchant account to handle high-risk has become easier with time and is a straightforward procedure. Therefore, It can be free of cost if you are using a good company. To open the account, you must file an application form and submit the paperwork. If you are new in the industry and have a strong business model and well capitalized, as a result, you don’t have to struggle a lot to find the right merchant account provider for your business.

Things that Work Against Collection Account

Quantity of chargebacks

Crossing out installment or not paying them on time.

Here at Merchant Stronghold, we provide a quality payment gateway for your high-risk business to reduce the expenses of processing credit card payment and in return maximizing the profit.