7 Reasons You Should Get Credit Card Processing

 Credit card processing technology is an essential part of your business to start with online payments. There are multiple reasons for you to get a payment processing channel for your business as you excel. The grand reach of your brand needs an online payment processing technology for accepting card payments.

Credit Card Processing is used to start with the payment processes for your business. Thus, your business needs a secure, reliable, and affordable solution. It will help your business to prevent fraud and manage chargebacks.

The basics of getting a credit card processing

To start with it is eminently important for you to get the needs correct. However, you need to get the basic three on-point.

1. Security: PCI Compliance is the most basic security protocol that you need to undertake for your business. SSL Certification and PCI-DSS level 1 security is essential for a credit card processing channel as it is accepting payments. 

2. Reliability: The reliability of the payment processing comes through with credit card processing from a trusted service provider. The service provider allows different security checkpoints for a better payment experience.

Moreover, you need a service provider with a huge clientele. It allows your business to reach a bigger audience as soon as possible.

3. Features: The services need to be equipped with the required features. The features of the online POS plays a vital role for the credit card processing.

The 7 compelling reasons for getting better Credit Card Processing

Debit and Credit Card payments need a POS (Point-of-Sale). It allows the card to process and accept the funds. Therefore, the online payments are processed via Payment Gateway. These features are a part of the payment gateway that helps to complete the transactions through credit and debit cards.

1. Multiple Currencies and Languages: Putting the convenience of the consumers in the forefront is important. Therefore, allowing them to pay in their local currency and read in their local language is important. eMerchantPro’s payment gateway supports all the major currencies and languages.

2. Quick and Seamless Integration: A payment gateway needs to be quick in the integration process. Integration through API, SDK, and various plugins ensures that your business can accept online payments quickly. 

3. Easy Checkout: A single window for the complete transaction to take place. No more annoying redirections for payments to process. eMerchantPro enhances the transaction experiences for the consumers.

4. Global Card Saving: Saving the card details for future payments allows ease of payment. Consumers can smoothly pay through the next time they purchase any goods or services from your website. 

5. Fraud Prevention: Deceits are common in businesses. Therefore, a payment gateway that goes out of the way to prevent fraud is more reliable for the business. Fraud prevention tools by eMerchantPro allow multiple checkpoints to ensure the feasibility of the user. 

6. Chargeback Management: Managing the chargebacks is a huge issue. But what is more difficult is paying for the chargebacks. Thus, a powerful dashboard allows you to automate, get alerts and manage the chargebacks according to the needs. It gives more control to the merchants regarding the chargebacks.

7. A range of credit cards: Accepting different credit cards for payments such as China Union Pay, VISA, MasterCard, AmEx, Diners, JCB, etc. expands your consumer base. It allows you to reach a larger audience.

What eMerchantPro is Offering Through Credit Card Processing?

eMerchantPro’s complete merchant assistance is ready for your business. Starting with expert assistance for all your needs to 24 x 7 support to tackle any problems. Credit Card Processing via payment gateway allows multiple benefits to your business. Accepting credit cards is the basis of all the payment options that you can choose to start the online payment processing for your business. 

Improving the Transaction experience for the consumers is the first step for the business to reach the global market. Therefore, credit card processing helps consumers to pay conveniently online. 

An online POS for processing card payments improves the ease of transactions.

Closing it up

To sum up, eMerchantPro is offering a solution for your business to process card payments online. This will be a great starting point for your business to diversify its reach. Complete merchant assistance with 24 x 7 support allows you to tackle every obstacle for your business.

Our expert team will support you throughout the process and provide a personalized solution for your business. Reaching a great audience with your business means more payments. Therefore, choosing a reliable service provider means all the transactions can be taken care of seamlessly.

What is a Tobacco Merchant Account? How does it Help?

For a small answer, a Tobacco Merchant Account is a merchant account for the high-risk business of Tobacco selling. It helps to accept online payments and store them in your account.

However, it is more than that. Online Tobacco Selling is a high-risk business and conventional banks repel them. Due to various parameters of chargebacks, frauds, and business type as well. The high-risk sector needs to acquire a bank and third-party service provider for getting the merchant account.

Though there are multiple MSPs (Merchant Service Providers) that offer services to high-risk businesses, not all of them are reliable and secure.

What should be the alternative to it?

You need to familiarize yourself with certain requirements and what you need from an MSP. 

1. Check for Reliability: It is important for your business to get a reliable MSP. Check the MSP in regards to their track record and hidden charges. Look at its clientele and know for sure if this is the one for you. Every service provider has merits and demerits but it is up to your business to select one of the many.

2. Security offerings: What security protocols are they following? In other words, whether they are PCI DSS Compliant or not. Compliance is necessary but it can be avoided with a fee to pay. If there is an offshore merchant account available for you then check the bank they are offering you. What are the funds’ security conditions and what will be covered?

3. Approval Time: How much time they will take shows them how big and connected they are. Thus, ask them for the approval time. And completely check their website if they are contradicting any of the information that is specified on the website. It will tell you how credible they are and you can make a better decision with it.

4. Assistance and Support: Just like you are the master of your business, so are the MSPs. If there is any issue in the business you can handle it. However, if there is an issue with the payment processing then you need the aid of the service provider. Thus, check whether they will provide assistance while you get your merchant account approved or not. Also, check for the support they will provide when you need them.

5. Transparency: A great requirement that the service provider needs to fulfill. Transparency for all the credentials and the information regarding the charges is important. You should go through all the terms and conditions while getting a merchant account for the service provider.

These are the former checks that you need to undertake for choosing the merchant account provider for your tobacco business. These parameters will duly help you to choose a better service provider and get the necessary support.

What will be the benefits of choosing a good Merchant Service Provider?

At the most basic level, getting an appropriate merchant service provider supports your business via the payment processing solution. There are exclusive benefits from different service providers that will be a better aid to your business and grant your consumers ease of payment. 

A reliable service provider will tell you that a merchant account is not enough to start the payments online. You need a payment gateway as well. Here are some of the benefits of a payment gateway. 

1. Shopping Cart Integration: The online business of tobacco needs a website with the products displayed. Therefore, integrating a shopping cart on your website will allow the consumers to add the products to the cart. Which in turn will bring convenience to the payments. 

2. Easy Checkout: The ease of payments is directly associated with the payment processing channel and the window of payment. In other words, redirections are an annoying part of the payment. Thus, a payment gateway that processes the payments needs to have a single-window formation for the payment processing,

3. Global Card Saving: A great convenience feature that allows return customers to get a better experience. Saving the transaction details for future use brings the consumers close to the business.

4. Currencies and languages: Allow the consumers to pay in their local currencies and read in their local languages. This brings a sense of connectedness to the business as you are allowing them the convenience they need.

5. Quick integration and Instant Approval: Choosing the correct service provider means you get a better approval time for the merchant account. Secondly, your website will be integrated with the payment gateway quickly as well. This will give you a better uptime for the business.

A Little About eMerchantPro

eMerchantPro is a Merchant Service Provider as well as a Payment Service Provider. We help high-risk businesses to get a merchant account. Tobacco Merchant Account and payment gateway are complementary to each other. Therefore, we take utmost care of the merchants.

All the benefits that you need and the checks we discussed are completely available to us. Furthermore, there is a huge clientele and success rate that follows our works. Therefore you may reach us for complete merchant assistance and get an instant approval for the merchant account with the acquiring bank.

Shaping your payments with High-Risk Merchant Account

A High-Risk Merchant Account works as a stepping stone for your high-risk business. Thus, eMerchantPro’s payment gateway services along with the merchant account services will provide a great boost to your company’s reach. 

To gather the audience and the global reach for your business, your business must reach them. A payment processing channel allows you to accept the payments online and process them into your bank account. It will rotate the fund flow and the revenue will be generated for your business.

What is the role of the payment gateway in your high-risk business? 

A High-Risk Merchant Account holder is always in need of a payment gateway. A Payment Processing Channel helps in credit card processing and accepting various currencies around the world. 

The richness in the features counters all the barriers that come your way. eMerchantPro’s payment processing channel has :

1. Multi-currency and language support: Local language and currencies form a soft corner in the hearts of your consumer. Therefore, providing them the convenience to pay and read in their local currency and language enhances the consumer experience of your business. It converges your business idea to the consumer base and their experience to complete the payments.

2. Secure Environment: A payment gateway from a trusted PSP allows a safer environment for all transactions around the globe. A payment gateway must be PCI DSS Compliant and contain the valid SSL Certification to keep the data security on point. Moreover, there are two major types of payment gateway that puts safety on the priority list:

• 3DS: a 3-Domain Secure payment gateway is the one that generates an OTP for the completion of payment. 

• Non-3DS: a Non-3 Domain Secure lacks the OTP but enhances the speed of payment.

3. Global Card Saving Capabilities: A feature that exponentially boosts the consumer experience. A consumer can save their payment details for future use. It helps a person to swiftly pay for a good or service the next time they pay through our payment gateway. The Return Customer Base will see a definitive upward trend for your business.

4. Tokenization: According to the recent rules, the global card saving feature needs to be tokenized for the betterment of the consumers. Therefore, our tokenization feature comes in handy for your business. It is another safety feature that will feature a token for the transaction data to the consumers. The token can be used for payments in the future.

5. Easy Checkout: Redirections have been recorded as of the major turn-offs for consumers around the world. People tend to leave a payment midway if they see redirections on the payment gateway. Our single-window payment gateway ensures that the payment is completed without any redirections to another page. We prefer that the consumers feel the ease of payment right on their fingertips.

6. Fraud Prevention and Chargeback Management: Frauds and chargebacks are a part of the high-risk businesses around the world. Therefore, the prevention of fraud allows your business to excel in the market. Our high-tech fraud prevention tools keep the fraudsters far away from your website. 

On the other hand, you have chargebacks. With our powerful dashboard, managing the chargebacks is easy. You can automate the responses or critically check on the chargeback yourself through a single window.

7. Modes of payment: Modes of payment are always necessary for a business to deal with a larger audience. Therefore, our payment gateway has multiple modes of payment such as debit and credit card processing, eWallets, eChecks, Net Banking, CryptoCurrency, etc. These are some of the modes of payment that our payment gateway supports.

The features that govern the payment processing channel for your business are present with us.

What benefits can you yield when you choose eMerchantPro for the business?

We come into your business with lots and lots of benefits. The best parts of choosing us are: 

• Complete Assistance to Merchants: No matter if the merchants are in need of a merchant account or a payment gateway we treat your high-risk business with the best care. The features are loaded and you will be enjoying the payment gateway on your website quickly.

• Easy and Quick Integration: Integration through API, SDK, and other plugins ensure that the payment gateway is up and going in the shortest period of time.

• 24 x 7 support: We understand that there can be barriers in the business and it is true for payment processing as well. Therefore a High-Risk Merchant Account service that eMerchantPro offers, comes with expert support from our professional team.

• Global Reach: The payment gateway will allow you to reach a global audience without any hassle. Reaching the global audience with a multi-currency and language-supported payment gateway will gain a better place for your business.

Closing it in

That brings us to the close of the blog. However, High-Risk Merchant Account by eMerchantPro comes with tonnes of features and benefits for your business. Reaching a better audience is quite easy with our expert services. Reach Out to Us and we will take care of all the business dealings from then onwards. 

What NOT to Do While Getting a Forex Trading Merchant Account?

A Forex Trading Merchant Account ensures that all the transactions are processed into your bank account. And you don’t lose money due to the unavailability of an acquiring bank.

“Various websites and blogs even go as far as to say that 70%, 80%, and even more than 90% of forex traders lose money and end up quitting,”

                                        The Balance. 

You try to provide the best convenience for the consumers by turning the quitters into consistent traders. Therefore, a Merchant Account ensures that your business keeps its stand in the online market by accepting the payments.

What do you need to avoid?

You opened your website with the zeal to reach a worldwide audience. And if you don’t have a merchant account you will not be able to generate the revenue for your business.

To ensure your business a greater path, here is what you need to avoid while getting a merchant account.

• Hidden Charges

Hidden charges are quite common for merchant service providers around the globe. It gives them an upper hand over the payments that you receive. Hence, it is important to read all the documents carefully and point to any hidden charge that was not discussed before.

No hidden charges mean the provider is a genuine one. You can trust the company and work with it. The merchant accounts are crucial and providers tend to charge for the high-risk businesses in the name of fraud protection, transactions, etc.

• Forgetting assistance and support

Setting up your merchant account needs assistance from the providers. Everything is not a one-man job. Therefore, talk to the merchant service provider about assisting in setting up the merchant account.

Moreover, it is important to get 24 x 7 support as obstacles don’t wait for your 9 to 5 window. They may arise anytime and you will need the help of the service provider.

• A Merchant Account without Payment Gateway

A merchant account without a payment gateway is a bike without fuel. A business must have a payment gateway to process the payments from the consumers. In a forex business, a payment gateway plays a vital role with multiple modes of payment.

Your business needs to reach a global audience and generate revenue. How will the traders purchase forex without a payment gateway? Thus, you need a payment gateway for the transactions to take place.

• Choosing a service provider who has no regard for data security

Data security plays a vital role in the online business as sensitive data is transferred from one place to another. If the merchant service provider has no regard for the data security then you should not choose them.

There is no compromise on security. Check whether the merchant service provider is providing fraud security, chargeback management, 3DS or Non-3DS payment gateway, etc.

• Volume Limitations

Volume limitations will limit the transaction on your website and in your account. Therefore, avoid the merchant service providers who put a payment volume limit on your business.

Many companies simply allow the large-value payment systems to allow transactions of huge amounts.

What are Your Options?

With all of these pointers to avoid you may think that your options are limited. That is quite contrary to the fact that there is a huge opportunity for your business to get a merchant account and a payment gateway.

eMerchantPro is one of the best in class merchant account and payment gateway providers that offers amazing services for your company.

A merchant account is not the only entity you need. Being said that, there are various features of a payment gateway that you need to consider to get the payment processes going for your business. Here are some of the features of a payment gateway that will help your business in the long term.

• Multi-currency support:

  Allows your business to accept various currencies around the world.

• Modes of payment

  : Offers convenience to the consumers to pay in their preferred mode of payment.

• P2PE

  The end-to-end encryption ensures that there is no loss to the sensitive data of the consumers while the payment is processed on your website.

• LVPS:

  No volume barrier for bigger payments is assured by the Large-Value Payment System.

• Fraud Prevention and Chargeback Management

  It helps to keep a check on the frauds and the chargebacks can be easily be managed by the payment service provider.

• Easy Integration

  A feature to integrate the payment gateway to your website as easily as possible.

These are some of the features of the payment gateway that will simply benefit your business to the fullest.

If you are wondering what are the benefits, you can check eMerchantPro’s blog for the benefits of forex trading payment gateway. Or you can directly contact us.

Our Expert Team will reach you and attain to every question you need an answer to. All the information will the strictly confidential to us ensuring the best security to your business.