High Risk Merchant Service for Magazine Subscription Sales
One of the best ways to pass the time is by reading a magazine. When a person is waiting for their turn at the doctor's office or have a long commute ahead, whether they are traveling from one country to another, the first thing anyone does is pick up a magazine or log on to an online magazine website and start reading.
It is one of the most preferred methods of gaining knowledge about world affairs. Even when someone is surfing online, if a good topic catches their eye, they click it and read it. If they feel that the site is good enough, they even click on subscribe.
The problem that arises here for the business is that after the first click by the customer, they may find the rest of the subscription process tedious and as a result, many people do not proceed further. Another reason is the payment frequency. If it is not according to their needs, they think twice about subscribing. The third and most important factor that you, as a business, must understand is that your customers look for an easy payment gateway and the best way they feel is by a short online payment process.
The best way to counteract all these situations is by providing your customers a short subscription process and online payment, which offers them safety and security. This is where we come in. We offer you some of the best merchant accounts that will stand by your side no matter what the situation is.
Online Card Not Present MOTO Merchants
It is the age of online payments. Customers do not prefer any other payment method anymore, especially since this way saves a lot of time and effort. People do not need to travel to an outlet to make the payment, and neither do they need to stop their activities.
Especially if you have an online magazine business, people assume that the payments will be made online, which is why they subscribe in the first place. This is why it is imperative for you to offer these services to your customers. If you don't, you will lose out on a lot of potential customers.
Our experts will help you get safe and secure virtual terminals. All your customers' data will be safe and protected with us. The payment gateway setup will not take too much time either, and your business's payments section will be up and running in no time.
We also offer apps for iPhone and Android devices. We understand the popularity of these platforms, which is why we have made sure that downloading the app makes the payment process a whole lot easier.
Denial or shutoff by other companies?
Getting your customers to pay for your services all the while making sure that the magazine providers are updated with the payments is a hassle, as you never know what sort of payment issue you might face. Many times, the customer may not want to pay for the services anymore. Due to this, your business will witness a certain level of uncertainty in the payment process, which is why you will be considered as a high-risk business by many other service providers.
Since your business is considered to come with a certain level of risk, many banks and other credit card providers or payment processers will deny their services to you. The main reason is that they are unsure whether your business will be able to perform well or you will be able to make the monthly payments.
Another problem your business may face with these service providers is that since they hold the right to shut off their services at any time, they may do so. This will halter all your business transactions and your business will suffer. You may lose a lot of valuable customers as well. Getting another account may take days as well, and that is a risk that you cannot afford to take. We can assure you that with us, your business's merchant account will never be shut off.
You don't need to fret as we will never turn our back on your business. Our merchant accounts will be available for your use and we will provide you some of the best services in the industry.
Newly established company
If you have a newly established company, it is possible that you will face even more denials from various service providers. The reason for this is that you are a very high-risk business at this time, mainly because you do not have a credit history.
Since your business has never made any transactions and you have never made payments to card processors, they do not know whether you will be able to keep up with your payments or not. This is the primary reason why many service providers will deny their services.
However, we will not do so. All you have to do is fill out application forms and submit them. You will not be charged any application fees. After this, your application will be approved and the rate will be decided by us. In terms of how risky your business is, we will decide which price will best suit it.
We understand that you would like to provide your customers with almost all sorts of credit card payment options, which is why we process all cards such as Visa/MasterCard/Discover/Amex and offer ACH processing and check processing facilities.
Domestic and offshore options
Before you establish your business, you must have decided whether you would like to develop a domestic or offshore company. No matter which one you chose, we offer facilities that cater to both options.
However, we would like to highlight that we will offer higher rates to offshore accounts as they involve more risk than domestic ones. In either condition, we offer excellent services to our valued customers.