Merchant Account Vs Payment Gateway | What’s the Difference?
One way to get the most out of your online business is to choose the best payment processing options available. Knowing the difference between a merchant account vs payment gateway will help you better understand merchant services and payments in general. Running a successful e-Commerce business entails handling digital transactions that are seamless and secure
High-Risk Merchant Accounts Online – Merchant Service Advice
Getting an ideal high-risk merchant account provider is crucial for any business planning on accepting electronic payments in an unpredictable market space. Understanding the details on what is considered “high-risk merchant accounts online” will assist you in securing the correct payment processor for your high-risk online business. High-risk businesses operate in volatile industries. And because
Do Multiple Applications Hurt My Chances of Approval?
Working with a Seasoned Payments Provider makes all the difference. In a previous essay, we discussed the benefits of applying for and maintaining multiple merchant accounts. Multi-merchant accounts with multiple MIDs provide business owners with several advantages when it comes to payment processing. Having multiple accounts can be the difference between successfully running an online
Getting a Merchant Account in America
Getting a Merchant Account in America Getting a merchant account in America is a must if you operate any kind of business. America constitutes less than 20% of the world population. And yet Americans generate and earn more than 20% of the world’s income according to studies by the US government. America is the world’s
Online High-Risk Merchant Account – A Complete Guide
If you are planning to sell products and services online that fall within the high-risk industries category, you need to set up an online high-risk merchant account. High risk businesses are typically those with a higher risk of disputes and returns. Businesses in this category often experience irrecoverable losses due to chargebacks and fraud. Some
Why Are E-Commerce Merchant Accounts Considered High Risk?
When it comes to e-commerce and online merchant accounts, fear of fraud is at the forefront of everyone’s mind. Here, we’ll try and explain why online businesses and e-commerce merchants are often labeled as High Risk and how SecureGlobalPay can help get your online business up and running today! Even the good things about e-commerce
Top Ten Scam Prevention Tips for Cyber Monday
High Risk Merchant Accounts for Online Electronics Business Merchant Account
According to a study conducted by the Pew Research Center, 46% of users confided that they “could not live” without their Smartphones. This is unsurprising, given our modern reliance on such tools for everything from business to entertainment to making personal connections. If your business model caters to this industry, getting approved with a merchant
Getting a Fantasy Football Betting Merchant Account
Fantasy football and Sports Betting is big business. Make believe managers spend an average of $556 annually to create “teams” on mock draft day and run them through a simulated “season” in a fantasy “league”. 44 million people entered the market between 2013 and 2017 according to the Fantasy Sports Trade Association. In 2017 there
How to Get a TMF High Risk Merchant Account
The terminated merchant file (TMF) or TMF HIGH RISK MATCH list is used by credit card companies to screen potential merchants. Those deemed high-risk are placed on the list and so prevented from processing credit card payments or doing future business under any other name. Regardless of the cause – whether it’s a failed business