If you are a merchant who is looking to expand your business then you need to take offshore services. You are required to hire an efficient payment processor that will allow you to have smooth and flexible payment transactions. Merchants often prefer efficient processor so that they can accept payment from the customers for their online business. There are various benefits that merchants can have with the merchant account facility. You can easily have the benefit of having multiple currency benefit, a different mode of payment option, the high volume of sales, safe and secure payment transaction, higher customer database and the high volume of sales. Here are some of the benefits that you can have with the payment gateways. We at ePayGlobal provide you with the best High-Risk Merchant Account Provider services that will help you stabilize your business transactions.
Multiple Currency Benefit: Multiple currency factors will allow you to have multiple currencies for your business account. You can easily manage to have a high volume of sales with this factor. You are
Different Mode of payment option: You can easily have the benefit of having a different mode of payment option for your business account. Customers can easily make payment with their different cards such as Discover, Visa, UnionPay, Mastercard. Customers have the flexibility to make payment with their cards.
High Volume of Sales: With merchant account facility, you are allowed to take your product or services to international customers. International customer also has the flexibility to make payment in their currency. So it means you can have some of the popular currencies such as Dollar, Pound, Euro etc. Ultimately you will have a high volume of sales for your business account.
Safe and Secure Payment Options: Payment Gateways allow you to have safe and secure payment transactions. Payment Gateways encrypt all your essential information such as phone number, email address, bank account details and other essential information. It will carry all the essential information safely from one financial institution to other financial institution.
Easy and Simple Integration: Payment Gateways are easy to integrate with the system application. Both merchants and customer require an efficient system that can minimize and make easier online payments.
How will you get a merchant account facility?
Banks or financial institution may not provide you with an efficient payment gateway since they want to ensure that your business is not associated with any kind of ill legal or unlawful activity. Hence, they follow a comprehensive process that determines whether a business falls into the high-risk or low-risk category. You are required to be handy with some of the documents that are required to take payment gateway solutions. Here is the list of some of the documents that are required to take into account the payment gateway facility.
• Director’s Profile KYC
• 3 month’s recent bank statement
• 3 month’s recent processor statement
• Government Authorized Voter ID and Driving license
• Chargeback up to 2%
• Customer Support Service
Service Provider will provide you with the efficient payment gateway solutions within 5 to 7 business days. We at ePayGlobal provide you with the best High Risk Merchant Account services that will help you with your payment transactions.
Read our another blog : Quick Payment with ACH Payment Processing
High Risk Merchant Accounts 