The Best Retail Merchant Accounts For You Merchant Business

Retail Merchant Accounts are best suited for the business that requires transaction processing at the time of sale and categorized under Card Present Merchant Accounts. Merchant Stronghold can set it for your business anytime. It is sometimes referred as CP or Card Present account, it serves as the foundation for rate structure.Retail Merchant accounts need a smart, solid and fast process at the time of sale. Common examples of this type of transition are a swipe or contactless payment system. A credit card is present when the product is purchased, and because of it, there is less chance of fraudulent transactions too. Because of less risk, low rates for such card present merchant accounts are best available.

Things you should know about Retail Merchant Account

It is obvious that having credit card present when a transaction is being processed will reduce chances of fraud. But there are other variables as well that should be considered when going to a retail merchant account.

One example can be the Volume of Transaction and Average Ticket Size. Consider someone is selling jelly beans or any other product at a mall. The sale of this business will relatively be moderate having low average ticket size. If someone purchases couple of dollars of beans, then there won’t be any big risk to the merchant. Chargebacks and Product returns will not be the concern of business owner. But if average ticket size increases, the risk of chargeback and product return will also increase. If the price of the product is increased, means customers value the quality of a product. Retail Merchant account in this situation can save you because you will be safe from frauds and high risk. With a point of sale software by Merchant Stronghold, retailers will accept payments safely and securely.

We provide quality services and support to the merchants and their customers. Getting a merchant account is just the first step towards success. Merchant Stronghold has safe, secure, and quick processing architecture that is best in the world. Start your Merchant Application Today!

Best Retail Products and Services

Credit card acceptance is the major factor that can lift up your business. There is the wide range of payment solutions that merchants can choose from. We provide all the services that will help business owners succeed in their industry. Here are some of the benefits that most merchants can expect by using our services:

• Customer Service: Quality Customer Support that is ready to look into your queries anytime
• Set Up: Easy and Solid Set Up, Accept Payment 24/7
• Daily Funding: Next Day Batch Settlement
• Online Portal: Merchants can view their online activities and access dedicated platform that gathers information regarding business activities.

Merchant Technology: Technical Help so that merchants are able to handle difficult equipment flexibly. We make sure that merchants understand the concept of point of sale. One of the major points that we focus upon is fast debt and credit card authorization. We are among the fastest and dependable network in this industry.

Eliminate Complexity From Collecting Payment Gateway Integration

ELIMINATE COMPLEXITY FROM COLLECTING PAYMENTS

Collecting the sales you worked so hard to generate should be simple and seamless. Our platform is fully integrated to enable invoicing, billing, collection, and related communications all in one place.

MerchantStronghold ™  facilitates online purchases from a merchant’s website and helps them to collect payment from the end customers through E-Check, Credit and Debit Cards etc. It is an intermediary that assembles the online payment options offered by various banks, And cash card brands onto a single platform with minimum technical integration with merchant website.

With Merchant Stronghold merchant Service:

• Get up and running with the mobile card reader in a matter of minutes
• Connect transactions to contact records for a 360-degree customer view
• Know exactly how much you’re earning with 100% transparent pricing

CRM FEATURES

• Mobility – Internet-based CRM for easy and uninterrupted 24X7 access.
• Better Customer Management – Effective storage of customer information.
• Analytics – Easily Analyse and understand Data through various reports available.
• Customization – user views module according to their need.
• Role Management – Unique facility available for each users type.
• Simplicity – Easy to understand, handle and Interpret Data.
• Safe and Secure – Each user can only view data that is limited to their permission.

Debt Collection Business For High Risk Merchant Account In USA

In case you run or are starting a debt collection business you need a reliable credit card processor at low-cost rates. unfortunately, that’s turning into increasingly more difficult to do.

in case you’ve been within the enterprise for anytime, the everyday cycle for a debt collection employer to undergo with respect to their credit card processing needs is to first go through an aggregator like Stripe or PayPal. The advantage to these agencies is that they carry out very little underwriting, so even though they do now not quite simply receive debt consolidation businesses, you can usually get regular and accepted quickly. The disadvantage, but, to the use of that aggregator kind money owed is that after you unavoidably have a chargeback, or develop your business beyond say, $20,000 according to month, those aggregators will start to investigate your commercial enterprise. when they do, their most common response is to freeze all of your funds, for a hundred and twenty days, and that they offer little customer service during the interim.

That is when debt collection businesses start seeking out a real direct MID Merchant Account service provider. After calling a number of low risk providers and being turned down or rejected, they’ll understand they need a High Risk merchant account, otherwise, they’ll fall into the same cycle of getting to inform half of-truths to the credit card processor, getting found, and having funds frozen. if you’ve commenced the quest for a high-threat processor that accepts debt consolidation corporations, you’ve found out that there simply aren’t many, or even fewer that offer dependable credit card processing at less costly charges.

WHY IS DEBT COLLECTION CONSIDERED HIGH-RISK?

this is due to the fact the debt collection enterprise is appeared as extraordinarily high Risk, due to the enterprise’s traditionally high chargeback rate. The purpose for this, is  fold: (1) the inherent nature of the business is that humans are paying cash they’d as an alternative now not be paying. some of the ones people will always initiate a chargeback, and (2) a few debt collection corporations who didn’t recognize the way to manage chargebacks, or who weren’t operating with a informed high-risk processor and payment gateway that would assist them manage and avoid chargebacks, have given the complete industry a bad reputation. no matter all this, however, thankfully, there are nevertheless a few true alternatives.

OFFSHORE DEBT COLLECTION MERCHANT ACCOUNT SERVICE

Merchant Stronghold works with a number of processors and gateway providers with sponsor financial institution relationships that offer both domestic and offshore debt collection merchant accounts. we are able to offer credit card processing for debt collection companies under the following two options:

REQUIREMENTS FOR US DEBT COLLECTION MERCHANT ACCOUNT:

• US based company representative.
• US based company entity
• US bank account
• Business operations can be based globally

DEBT COLLECTION BUSINESS BENEFITS:

Through our processing partners, we can also offer debt collection businesses the following additional benefits:

• Expert in underwriting
• Same day approvals
• Compatible with E-commerce portal and major payment gateways
• Acceptance Visa / MasterCard / American Express etc.
• MOTO (phone / mail), eCommerce, and swipe accepted.