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Showing posts from September, 2019

Let's Understand Rolling Reserve Merchant Account

What is Rolling Reserve Merchant Account?  When it comes to new merchants and high-risk businesses , the bank takes all the possible caution to avoid any loss in their business. Due to which they have created a robust network of rules that need to be followed at all times so that the economic and financial aspect of the business never sees any downfall.  This is the reason that the bank introduced the concept of Rolling Reserve Merchant Account . Rolling Reserve is a fixed percentage (generally 5-10%) of a merchant’s transacted amount reserved by the bank which can be used in case of an excessive chargeback. This happens for only a short time interval (6-12 months) until the business gets some stability. Upon completion of this time interval, the bank releases the amount to the merchant on the scheduled dates. WHAT IS THE PURPOSE OF ROLLING RESERVE? As we discussed, rolling reserves are applied for the merchants having a high-risk business. The idea of intro

Tech Support Merchant Account for your Businesses

Tech Support Merchant Account Provider It is pretty easy to get a payment processor but it’s not the same with tech support businesses. This is due to the high rate of chargeback risk involved. So when you are looking for a merchant account provider, you should always ask them certain questions before applying. These questions could go as follows: Do you provide high-risk merchant account for tech support businesses? What about remote tech support (if relevant)? Does the underwriting department approve of it? At times salesperson will assure you that they do provide service to tech support business and after you complete the process of applying for it, and send it for approval to underwriting department; you might find out that your application is rejected because they do not support tech support business. Tech Support Merchant Account Fees Our tech support merchant account fees are competitive and affordable, and our application process is free. Once our

High Risk Merchant Account for Computer Repair Businesses

Computer Repair, antivirus services, Remote Technical Support, IT Services  High-Risk Merchant Accounts  are always in high demand. Why are remote technical support, computer repair, antivirus services, IT services merchant accounts so hard to get? When you are looking for a merchant accounts provider that you can trust look no further than Merchant Stronghold.  We understand your business and most importantly we know how to support you and your company when you need it most. Tech support merchant accounts are easy to get approved with our high- risk merchant account specialists are very experienced and knowledgeable both in domestic high-risk merchant accounts, cross border merchant accounts and  offshore merchant accounts . If you are interested in learning more about the difference between domestic and high-risk merchant accounts click here. If you are seeking computer repair, remote technical support, antivirus services, IT services merchant accounts just give us a quick

High Risk Merchant Account Payment Gateway for Tech Support Business

Tech Support Merchant Account Provider For retail merchants, it is pretty easy to get a payment processor but it’s not the same with tech support businesses. This is due to the high rate of chargeback risk involved. So when you are looking for a merchant account provider, you should always ask them certain questions before applying. These questions could go as follows: Do you provide high-risk merchant account for tech support businesses? What about remote tech support (if relevant)? Does the underwriting department approve of it? At times salesperson will assure you that they do provide service to tech support business and after you complete the process of applying for it, and send it for approval to underwriting department; you might find out that your application is rejected because they do not support tech support business. Can Merchant Stronghold help? Merchant Stronghold has expertise in providing all-inclusive high-risk credit card processing servic

High-Risk Merchant Account for Computer Repair Business

#Get  Technical Support For Merchant Account  In Easy Steps This industry is termed high risk by most financial institutes and banks. Following reasons for tech support: Card-Not-Present Transactions (CNPT): Often for all remote tech support the physical credit card is not present during the payment process. Chargebacks : Probably one of the main reasons for terming technical support high-risk is the high chargeback which results from a conflict between the customer and the tech support and the customer gets his money back. The merchant bank then must bear the brunt. In fact, the situation has far worsened after Visa reduce its chargeback threshold to 1 percent of sales. Global Nature of the Industry : Most of the tech support is located in all parts of the globe, as a result, the merchant bank has to deal with multiple currencies which are not preferred by several local banks. High Cases of Frauds : The predominantly remote nature of business has seen the rise in the n

Merchant Account for your Technical Support Business

If you want to have a high class, compliant tech support company you need to do all you can in order to streamline your financials. Not all support companies out there tend to deliver the utmost value which is why it can be nothing short of frustrating when a merchant problem appears and your business can’t get paid. Plus, many companies use only specific payment processors which make it even harder to get paid. Thankfully, Merchant Stronghold will help you deal with all of that in a very professional manner. No matter if you deal with companies from another state or high-risk businesses in your own country, we are here to assist and we will offer you the best financial solutions on the market. On top of that, the payment gateway and merchant account offered by us is designed to be very reliable, professional and suitable for any company out there. We understand how hard it is for you to obtain a very good approach and with our help, you can reach those results very fas