High Risk Credit Card Processing and Your E-Commerce Account

High Risk Credit Card Processing and Your E-Commerce Account

High Risk Credit Card Processing

So you are thinking of jumping into the online marketing game. Find a product to sell maybe it's one you have always dreamed about manufacturing. Now it's time to bring that great idea to the masses.

So you start by building the perfect website easy to navigate great information and of course your wonderful product.

After that step it's time to make sure you can be found online so you hire a marketing company to promote your site. Easy enough there are plenty of them around. But you are still missing a piece to the puzzle.Oh yeah that's it, how are customers going to pay for my products? I could just have them send me checks or money orders and ship the products once the funds clear, but that's not really efficient and it's not how the major online sellers work.

You think long and hard and one common denominator comes to mind, they all accept credit cards yes you hit it on the head you need to set up an account to accept credit cards. Sounds easy enough right everyone else is accepting cards I will just open an account and stick the logos on my site. Bang I 'm back in business.
Except depending on what that fabulous idea of yours is it may take a bit more than that.


First off you can't just call visa and mastercard and fill out an application. You need a ISO or independent sales organization for that visa and mastercard do not set up accounts they rely on ISO's to handle all that for them. So not a problem you locate a company in your area and start the process. But now wait the product you are going to sell is considered one that may have a high rate of returns or chargebacks, that's not good. Your ISO calls to tell you this info and now you are in need of a merchant account in the high risk area.

High Risk Credit Card Processing | High Risk Card Processing | High Risk Merchant Accounts
High Risk Card Acceptance Solutions
High risk simply means accounts that have a high probability of chargebacks. Your card processing company may want you create a reserve, or they may hold back your funds until all transactions are cleared, before you get paid. In either case your dreams are still alive of being the next great online entreprenuer you just have a few more hoops to jump thru.

Quantum Merchant Services
7300 Hudson Blvd N
Suite 255
Oakdale, MN 55128


High Risk Credit Card Processing | High Risk Card Processing | High Risk Merchant Accounts

Comments

Popular posts from this blog

Clover POS Business Card Processing Solutions

Card Processing Trends 2017

Clover POS apps that can help you Manage your Business