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: UK High-risk merchant account

How do I find the right merchant account provider for my business?

How do I find the right merchant account provider for my business?

Consumer surveys indicate a major shift towards plastic money in the past decade or so. It’s safe to that credit cards are taking over cash payments. Businesses, especially e-commerce merchants cannot afford to lose customers by refusing electronic payment options. This is made possible with a merchant account.

Now, with the variety of merchant account providers available you might feel a bit confused and lost. But with the right information, you will be able to choose just the kind of merchant account provider suitable for your business. Here are some points to consider:

  • Study their services – Since you will be lost in a sea of merchant account providers offering services for every kind of business, be meticulous in finding the right company suiting your business needs, which has good reputation and reviews. Save time by asking the right questions and for credible references.
  • Reasonable rates – Understand and review the rates you will be charged for recurring, per transactions and overall servicing. Fees usually depend on the kind of business you operate. High-risk merchant account are charged higher due to the risk involved.

Carefully review the agreement terms with your service provider to make sure there are no hidden fees involved.

  • Technical tools – Make sure your service provider offers tools to manage frauds and chargebacks and also prevent identity theft by securing customer information. Customer security is extremely crucial with cybercrime on the rise.
  • If you have been classified as a high-risk business by your merchant account provider, find out if there is a possibility of your business being reclassified into a low-risk category after taking corrective measures to prevent further chargebacks. This will lower your fees considerably.
  • Monthly processing volume – Make sure you do not have a capped processing volume on monthly sales. You do not want to incur extra fees once you have reached your limit.
  • All round customer service – Make sure your provider offers excellent customer support. Do not be hesitant to ask questions. If they are unwilling to answer you or offer you technical and functional support on time, move on to the next company.

At the end of the day, merchant account providers play a crucial role in managing your finance. Due diligence is the key to finding the right merchant account provider for your business.

Posted on June 11, 2018November 21, 2018Categories Business services, High Risk Merchant Account, Merchant AccountTags high risk merchant account, london, merchant account, merchant account provider, UK, UK High-risk merchant accountLeave a comment on How do I find the right merchant account provider for my business?
Setting up a High Risk Merchant Account for Your Risky Venture

Setting up a High Risk Merchant Account for Your Risky Venture

A merchant account is an important account that you required in order to accept online credit cards. If you are planning on running a website that allows you to collect fees from those who visit your site, then you cannot start without merchant account payment processing agreement. If you are running a high-risk merchant account, it is most likely that you will have a hard time in finding out a credit card processing options. As there are only a limited number of providers who are willing to accept such clients and if they do, their rates are often quite high. High-risk accounts include the adult websites, online casinos, and pharmaceutical merchants etc.

It is essential but to have a merchant account that is tailored to fix a business which is deemed high risk or operating in an industry that has been deemed as such. As merchant carries high-risk business such as adult services providers, it is difficult and hard to obtain a merchant account. This is because due to the risks of credit card frauds increment and fake holders with of the high risk is involved. The result is that banks concerned on providing Internet accounts to merchants person, who can then turn to private acquiring institutions to provide them merchant account services.

With the use of merchant accounts, the online companies are able to accept transactions via credit cards. And because of the convenience of having to pay through a credit card, they are able to become profitable quickly and efficiently. However, getting a merchant account is not easy especially if you are considered “high risk.”

With International Bank Services (IBS) we provide standardized and customized High-risk Merchant Account solutions for your Risky Business venture.

Posted on June 12, 2017November 21, 2018Categories High Risk Merchant Account, International Merchant AccountTags high risk merchant account, high-risk credit card processing, high-risk merchant account in London, high-risk merchant account services in UK, IBS, ibs ventures, International Bank Services, Merchant Account consultants, merchant account for risky business, UK High-risk merchant accountLeave a comment on Setting up a High Risk Merchant Account for Your Risky Venture
Proudly powered by WordPress