Leap Payments

Gone are the days when checks and cash used to be in the mainstream for making payments. People worldwide barely like to carry large sums of cash in their pockets to buy services or things. Over the years, customers have switched to online payments exponentially. The payments options such as credit and debit cards have been dominating all around the world. In essence, electronic payments have transformed the concept of payment.  The digital payment platforms have streamlined the dynamics of shopping. In the interim, businesses have started realizing the significance of having an  E-Commerce Merchant Account . Do you have one for your brand? If not, what are you waiting for? 2022 is the year that brands globally are aiming to position themselves on a higher level.    But if your business doesn’t have an e-commerce merchant account, the results could be opposite of your aims. Even if you are not running an e-commerce business, online payments will still be of utmost importance. How

The world of business is now full of terminology that is such a challenging task to understand first. Before going to start working on it is important to learn the concept from the core. Try not to invest your money, time, and efforts in resources that are unfamiliar to you. In this blog, we are going to look at some of the Payment processing gateways and  E-Commerce Merchant Accounts  to deep diving to differentiate their concept.  Basic Understanding Of E-Commerce Payment Gateway Online payment gateway is the basic technology that merchants use to use online transaction payments from customers. For e-commerce, payments and personal information are entered. (That is, the online checkout page.) The payment gateway applies industry-standard encryption when transferring customer payment information to the business owner's account. This protects the transaction and protects both parties and their accounts from fraud. Importance of Merchant Accounts  Merchant Account is considered as

Are you looking to set up a  High-Risk Merchant Account ?   This may be the first step you take when you want to accept debit and credit card payments. The current digital landscape needs businesses to accept more and more payments online. Some businesses prefer using payment system aggregators and some intermediaries. However, it's shocking to see businesses lacking the ability to pay by card. This is especially a confusing concept for business owners who are new to e-commerce. Merchant accounts are the cornerstone for e-commerce businesses to process transactions online. In short, it enables a business to accept credit and debit payments online. If you still don't have a merchant account, it can be hard to get an edge over your competitors. However, the good news is that you can still set up a merchant account to cover up the drawbacks. Not sure how this process goes or how to access a high-risk merchant account? Let’s try to figure out this critical concept:  Introduci

The Merchants and the E-commerce business have changed a lot with the advent of wireless credit card processing. According to the last year’s report the most of the customers searching for the payment method of pay contactless to stay away from the infection in the COVID-19   Pandemic situation. The wireless E-Commerce Credit Card Processing gives customers to explore the possibilities of operating online payments. Such as the wireless credit card reader allows any business to accept and take payments straight from the customers through online transactions. Role of Payment Gateway In E-commerce Business A payment gateway in an E-commerce business allows the merchant to accept credit card payments with the help of the credit card terminal. In case when the customers allow transactions to submit their credit card by inserting their credit card into the credit card machine EMV terminal, the data of the payment confirmation is sent to the payment gateway. After that, the payment merc

Any business accepting credit cards, and looking for the right merchant account holder, understands how hectic it is, and it gets more difficult if you are a high-risk merchant. And it is here where you feel the importance of having a high-risk merchant account . The article will focus on why business is considered high-risk?   What is a High-Risk Merchant Account?   Any merchant account that faces a high risk of fraud and getting charge-backs by the processor is considered a  high-risk merchant account . The account deemed as high risk depends on the assessments based on the business, the owner's credit and business history, and many other factors.    Each processor requires high-risk determination so a business can be considered by one processor but not any other.   There is a difference between a High-Risk Merchant Service than a traditional merchant account    Naturally, having your business considered high-risk could be quite daunting. While many business t

In the Era of technology, when it comes to payment processing you are might face various kinds of difficulties to approve the High-Risk Merchant Accounts because you are in a high-risk industry or because it is one of the reasons merchant account providers consider your business to be high-risk. For example, fraud, low creditworthiness, etc. Or chargeback background. The following are some of the industries and the list of the businesses that have the higher incidences of the chargebacks in which many of the merchant account providers will want to get rid out of this. ●        Some of the Automotive Brokers ●        Collection Lending ●        Modeling ●        Airlines Business ●        Some of the Sports Sites ●        Real estate ●        Weapons Associates Companies If you are planning to kickstart your business model then you will need to require a high-risk merchant account to hold your credits online which is much better than paying cash in some of the shoppi