- Merchants and agents alike are capable of calling in and speaking to a live person. No long hold times or voicemails.
- We represent over 10 different banks and processors worldwide. Ensuring that agents are able to place the majority of the accounts they sell. Don’t miss placing a high risk merchant because your current solution only uses one bank.
- Our attrition rate is under 3% annually without contract termination fees! The industry average is over 20%. Merchants stay with us because of our pricing and support.
- We process hundreds of millions of transactions annually.
- Best of all, our agreement is non-exclusive! Work with as many different processors/banks as you would like. We guarantee we will earn the majority if not all of your business.
- Call today and let us show you how we can help increasing your residuals while also exceeding your expectations.
Importance of credit card gateway for home based businesses
Credit cards have a vital role when home-based businesses are taken into consideration. Basically, it enables the merchants to buy the required marketing tools over the internet. Accepting credit cards helps in increasing sales over a period of time. The convenience of making purchases directly aids consumers in making purchases instantly.
Advantages of accepting credit-cards – There are several advantages of accepting credit-cards. In addition to increasing sales, credit cards will not bounce like checks whenever there lack of funds in the account. Moreover, the transactions take place instantaneously which if beneficial both for the seller as well as the buyer.
The ability to accept payments made by credit cards gives home based business owners accountability and creditability. Businesses that accept credit card look established than the ones that accept only cash payments. Before, merchants with small business worried about the fees they had to pay for accepting credit cards. However, due to the increase in popularity of internet and e-commerce, there are several sits that accept credit cards. Because of high competition levels and increase in the transaction volumes, the fees associated with credit cards are negligible.
Getting merchant accounts – Acquiring merchant accounts is essential to accept payments made by credit cards. The amount obtained from sales made by accepting credit cards is deposited in the trader’s merchant account.
There are three options for opening a merchant account. They are a follows –
- First, with a bank.
- Second, with a 3rd party provider.
- Third, with an independent sales firm.
All these options are considered to be good based in the transaction volume of the home-based business. Primarily, businesses that have low sales can opt for 3rd party providers as monthly fee will not be charged. But, you will have to wait in order to receive the funds.
Businesses that have good volume of sales can accept credit card payments though independent sales firms or banks. This will help you in obtaining your funds quickly. It also aids in maintaining the expenses and profitability accordingly.
Working with independent sales firms or banks will ensure that you are recognised. This is also helpful for the consumer as the credit-card statement will highlight your business-name in the transaction. Consumers may not recognise certain transaction if a third party processor is used for processing payments.
Accepting payments made by credit cards – After the merchant account is activated, traders will be able to accept payments made by credit cards. For this, it is necessary for you to be the owner of a website. When you have a website, you can easily set up a payment gateway along with a shopping cart. This will make it convenient for consumers while shopping and will lead to more sales.
For owners of home-based businesses, it is essential for accepting payments made by credit cards. This will give recognition for the business. Do research to find out which credit card gateway is best suited for your business.
