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Showing posts from December, 2021

How does E-Commerce Payment Processing work In Any Business?

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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

What is High Risk Merchant Account and How To Choose High Risk Payment Processor?

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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