Category: MERCHANT ACCOUNTS
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The Coronavirus Pandemic Can Affect Your Merchant Accounts
The Coronavirus outbreak is having an impact on the e-commerce industry and that means merchant accounts are affected too. With ongoing panic and chaos everywhere, online spending has increased as retail businesses brace for major losses. However, the idea that social distancing and staying home will boost online merchants only tells half the story. Online…
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Chargebacks: Why Americans Love Them & What Merchants Can Do About It
Any online merchant with sales in North America knows that US chargebacks are inevitable. It happens to so many successful companies. They have a cool product or service. They launch to great fanfare in the UK, EU and other foreign regions like Australia and New Zealand. However, when targeting the US consumer market, America poses…
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Wondering Why Your EU Merchant Account Application Got Rejected? It’s Complicated?
For some online business owners, a merchant account in Europe is the path to e-commerce greatness! Many want to take their products and services global instead of focusing on the US market alone. So, they do a little research and apply to a payment provider overseas. Unfortunately, these same merchants panic. That rejection email dashes…
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Merchant Accounts Will Take Your Consulting Business To The Next Level
Merchant accounts are highly sought after by freelancers and consultants. But, many contact us because they unsure of how to secure a flexible payment solution. Some examples of consultancy services we’ve encountered include online legal services, finance experts, IT consultants and many others. They all want to sell their expertise virtually, but aren’t satisfied by…
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When A Low-Risk Business Becomes A High-Risk Merchant. Follow This Advice.
Are you a low-risk or high-risk merchant? It’s not always obvious to some entrepreneurs. Although being classified as a high-risk merchant can change available options for accepting payments on your website. There are merchant categories that are blatantly obvious (e.g. CBD oil, e-cigarette, spy camera, survivalist gear, supplements and nootropic products). While some online sellers…
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