Having a merchant account is such a great advantage to a merchant. Knowing that the market has the ability to take care of the high risk businesses makes it all the more comforting. It just seems fair that all kinds should have the ability to process their debit and credit cards, thereby growing exponentially and feeling the American dream in their hands.
There are so many advantages to having a high risk merchant account. Here are a few:
• Credit card scam protection
• Fraud protection
• Access to worldwide market
•SSL Encrypted Servers
• Virtual Terminals
• Online Reporting Facility
• All Major Credit Card Acceptance
By having the debit and credit card processing, you open your doors to virtually anyone and you can have a website for payments to be made. While your eyes are closed your business is working full time. Whether you have a store front on Back street in Somewheresville, or just a store front on the world wide web, you have the advantage of accepting payments with little to no work for you. The benefits of opening a High Risk Merchant Account far outweigh the negativity.
Your money arrives at the account you have designated and the money is available to you when you are ready to access it.
As a high risk account
You will pay a little more than other accounts, but you have the advantage of owning an account. Your income will grow and so will your business. How could that be wrong?
• You also get Safe and Simple API Structure
• Billing options
•Multi-currency options for worldwide markets
• And various payment options including ELV, ACH, Bank Wire and of course Direct Debit.
You just can’t go wrong by getting one.
Did you know
You will also get a worldwide conversion. Meaning, that no matter the market you are in, the account will convert the money into your money. So, the currency you collect from Egypt, will be converted into the great ‘ole American dollar.
You should also keep an eye on the percentages you pay. Make sure that they are all in line with what you signed up for. Everyone make mistakes and sometimes things get messed up. So, take the time to keep things within the parameters that you signed your contract with.
Why wouldn’t you want a merchant account? It can help you grow your business. No matter where your storefront is. If you have a good old fashioned store where you run your business, the merchant account will only assist with the purchases made by customers.
If you have stretched to online selling for your storefront, then your website can be shopped on worldwide. Your products can be sold where ever you so desire them to go.
Your high risk merchant account will cost a small amount more than others, but with the new regulations in place, you have the ability to charge your customers for the shortfall and the convenience of using your card service. Give them a cash discount in the store and they will feel like a million bucks.
So take a stand and a small risk. Go find that merchant account you have been thinking about. Isn’t it about time?