Skip to content
IBS Payment Solutions

IBS Payment Solutions

  • Home
  • Blog
  • Contact Us
  • Merchant Account
  • High Risk Merchant Account
  • Credit Card Processing
  • High Risk Payment Gateway
  • Virtual Terminal for mail orders
  • ACH Payment Processing
  • Cryptocurrency Merchant Account
  • Forex Merchant Account
  • Casino Merchant Account
  • Dating Merchant Account

Recent Posts

  • How to Open a Gaming Merchant Account
  • How do I apply for an Online Poker Merchant Account?
  • Steps in Applying for Merchant Accounts Online
  • Knowing How you Can Save Much On Credit Card Processing Fees
  • Accepting Online Payments: Security Tips For Merchants

Categories

  • ACH and Check Processing Services
  • Adult Merchant Account
  • Bitcoin Merchant Account
  • Business services
  • CBD Merchant Account
  • Credit Card Processing
  • Credit Repair Merchant Account
  • Cryptocurrency Merchant Account
  • Dating Merchant Account
  • E-Commerce Merchant Account
  • Forex Merchant Account
  • Fund Transfer
  • Gaming Merchant Account
  • High Risk Merchant Account
  • High Risk Payment Gateway
  • International Merchant Account
  • International Payment Gateway
  • Merchant Account
  • MMJ Merchant Account
  • MOTO Merchant Account
  • offshore banking
  • Offshore Merchant Account
  • Online Casino Merchant Account
  • Secure Payment Gateway
  • Tobacco Merchant Account

Recent Comments

  • admin on How To Open And Operate Offshore Bank Account
  • MAREK KOZLOWSKI on How To Open And Operate Offshore Bank Account
  • admin on Third Party Merchant Account Services
  • admin on Accept payments with Online Gambling Merchant Accounts
  • admin on How to obtain Adult Merchant Account Solutions?

Archives

  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • June 2017
  • September 2016
  • August 2016
  • May 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org

Tag: london

Low Risk vs High Risk Merchant Account

Low Risk vs High Risk Merchant Account

Are you a business owner and thinking of having a merchant account for online payment processing through credit/debit cards? Please go through this information before taking the next step.

There are categories of Merchant Accounts viz. High Risk Merchant Account and Low risk Merchant Account. So before you apply for merchant account you need to have proper information regarding which category your business falls in. Here we will tell you the difference between both the categories.

Apply for a Instant Approval High Risk Merchant Account

If your Business satisfies the following characteristics then you are applicable for a low risk merchant account.

  1. Less than $20,000 is processed by you in monthly period
  2. Very low preferably zero chargeback rate
  3. The country that you operate from is low-risk
  4. Average size of your ticket is less than $50
  5. Your Operations are based in low risk industry

Following Characteristics push you in High Risk Merchant Account category:

  1. If you are a Brand new business with no business history
  2. High Ticket Size and chargeback ratio
  3. Low reputation
  4. You as the owner of the business has low credit score
  5. Time limit of the service provided is very high

There is no need to worry in case your business comes under high risk category, you can always lower down the risk and become a Low Risk Merchant by reducing the ticket size to a lower prize and reduce the ratio of chargeback and prevent frauds in transactions.

The approval of low risk merchant account is quicker as compared to the approval to high risk merchant account.

In case you come across a financial institute offering Instant High Risk Merchant Account approval, stay alert as there no such term in Merchant Account Market.

Posted on July 30, 2019July 30, 2019Categories High Risk Merchant AccountTags Europe, high risk payment gateway, high-risk credit card processing, london, low risk merchant account, merchantsLeave a comment on Low Risk vs High Risk Merchant Account
Forex Merchant Account: High-Risk Merchant Account Solutions For Brokers

Forex Merchant Account: High-Risk Merchant Account Solutions For Brokers

The foreign exchange market, or simply known as the currency market, is the largest financial market in the world. With more than $5 trillion traded on average every day, it is also the most actively traded market globally.

The forex market is increasing exponentially. With enough room for growth, the dynamic industry is witnessing constant significant changes. The introduction of new technologies in recent years means new opportunities for traders and brokers alike. It is safe to say then that the number traders and brokers entering the market is only set to grow in the coming years.

The upsurge in foreign exchange firms means fierce competition resulting in the fight to offer the best services and convenience to the traders. And one of the most popular leverage to provide the clientele is the acceptance of debit and credit cards for trading.

The forex industry is a complicated one and because of its risky business nature, it naturally has a few challenges associated with payment processing.

The primary concern of forex merchants is increased cost. As with any other high-risk business, forex merchants are often charged large amounts of money upfront in order to make a profit.

Fortunately, forex merchants can still obtain a forex merchant account with quality solutions and reasonable fees.

Forex Merchant Account: High-Quality and Affordable Merchant Account Solutions

Providing various other secure payment options via your forex platform is a great way to build trust as well as retain customers thereby expanding your business. In addition to being more secure, investors are also likely to deposit a large amount of funds quickly as compared to other payment options.

A popular request from traders is the ability to fund their trading account online with a debit/credit card.

A Forex Merchant Account will not only help a merchant in processing transactions safely, securely and quickly but also allow traders to fund their trading accounts effectively.

Apply for a forex merchant account

All leading forex brokerages accept card payments. With a reputable merchant account provider, forex merchants can have access to numerous benefits resulting in driving sales and eventually making a profit.

You will come across several merchant account providers, each offering their own advantages and features customized to benefit merchants.

Client deposits are important in forex. The possibility to deposit funds guarantees profit for the broker. Also, with regards to payouts, traders want to receive earnings on the same credit card that they have paid from.

The above two important points make it essential for a broker to choose the right forex merchant account solutions for their business. Obtaining a forex merchant account from a specialist processor can prove to be advantageous in solving the deposits and payouts issues.

Posted on January 24, 2019May 10, 2019Categories High Risk Merchant Account, Merchant AccountTags Europe, Forex Credit Card Processing, Forex Merchant Account, Forex Trading Merchant Account, high risk merchant account, london, merchant account, merchant account provider, merchant account provider in UKLeave a comment on Forex Merchant Account: High-Risk Merchant Account Solutions For Brokers
Accept Online Payments with an Internet Merchant Account

Accept Online Payments with an Internet Merchant Account

With consumers spending every minute online, it would be an understatement to say e-commerce businesses are flourishing. When planning on buying a product or service, our first instinct is to check for it online. Keeping up with the trend, many brick and mortar businesses have started selling their products online too.

With running an e-commerce business arise the need to accept online payments too. Customers want variety, be it in products or payment options. With credit card payments on the rise, offering seamless online payment options will make sure merchants don’t lose out on those sales.

Whether you are a physical store selling products online, an established ecommerce business looking to expand payment options or a start-up online store, here’s what you need to accept online payments – Internet Merchant Account.

What is an Internet Merchant Account?

Internet Merchant Account is an absolute necessity if you want to accept credit or debit card payments through your e-commerce store. The account allows you to accept payments via your website.

An internet merchant account has the same features as an ordinary merchant account. Except, with an internet merchant account you can run online transactions in real time.

A merchant account offers two types of transactions, “card-present” and “card-not-present”. Internet Merchant Account, also known as E-commerce Merchant Account, falls into the second category. Just like how a brick-and-mortar store can accept payments by swiping their cards through a POS terminal, an internet merchant account authorizes online payments by allowing customers to simply enter their card details into your website to make the necessary transaction.

Bank or Merchant Account Provider

If you already have a merchant account, you can ask your bank to provide you an internet merchant account or switch to ‘card-not-present’ transactions to start taking online payments. The other option is to obtain complete merchant account solutions from an independent merchant account provider.

While it is instinctual and only logical to stick to your current provider, banks are usually much stringent with the application and approval process, especially if your business is relatively new.

A merchant account provider offers customized solutions tailor-made to suit your payment requirements. Chances of getting your business approved with such providers are also greater whether you are new merchant or an established one, regardless of your business type or industry.

Whichever way you choose to go, your business will be assessed for risk, credit history and legitimacy during the underwriting process.

It is strongly advised against using a standard merchant account to process online payments since it follows different set of policies and requirements. Providers can shut your account in such cases.

Check out top-rated merchant account providers such as Instabill, International Bank Services (IBS), Vantiv, TSYS, etc. that offer complete expert online payment processing solutions.

Merchant Account & Payment Gateway

Do I require a payment gateway as well? No, it is not necessary to integrate a payment gateway to an internet merchant account since you can process transactions using credit card processing software. But here payments are not processed in real time with merchants manually entering card details resulting in delay in transactions.

Merchant account accepts payments while payment gateway processes it. Without an internet merchant account, your payments option will be redirected and processed through another site. This can be a long, tedious process as well as not entirely secure.

On the other hand, an internet payment gateway complete with a payment gateway proves to be the best solution. With an internet merchant account the funds are held in your own account and a payment gateway is what you need to authenticate and process credit card payments in real time, the entire transaction process happening on your own website is an added advantage.

Choosing either an internet merchant account or a payment gateway or both should depend on the type of business you operate and your monthly sales volume.

There are several providers, such as IBS, offering internet merchant account with an integrated secure payment gateway.

Propel your business & streamline your payments with an Internet Merchant Account. Do not compromise & choose wisely!

Posted on September 27, 2018November 21, 2018Categories Merchant AccountTags Europe, Internet merchant account, london, merchant account, merchant account provider, merchant account provider UK, secure payment gateway, UKLeave a comment on Accept Online Payments with an Internet Merchant Account

Posts navigation

Page 1 Page 2 … Page 5 Next page
Proudly powered by WordPress