Credit Card Processing for Real Estate and Title Loan
While it is a lucrative business, foreclosure and real estate can also prove to be quite risky. There are many reasons for that, some of which include the various legal issues and disputes related to a house. Not only that but many frauds are also working in the business, looking for a way to con money out of people. All these factors have caused banks and other service providers to mark such companies as high risk and do not usually develop a relationship with them.
Similarly, the basics of a title company are to help with the transfer of the title of a foreclosure, loan modification and real estate property from one owner to the next. An issue that your business is likely to face in such an industry is that people usually steal identities to transfer the property in someone else's name, thus securing the rights over the real estate. Such issues are widespread, which means that it is not a rare occasion that a company comes across such a case.
When you are in the real estate or title company business, you will notice that securing a merchant account is tough, the reason for which has been listed above. Having a merchant account for such companies is equally important as your clients will be making payments in various forms, especially in the form of check drafting.
This is where we come to your rescue. We provide a merchant account for real estate and title companies. We can offer a secure and fantastic solution to your needs. If you decide to open an account with us, we will not charge you any application or setup fees.
Online MOTO Virtual Terminal Card Not Present Merchants
Everything is going online these days. Even real estate and title companies are forming their very own e-commerce website, which allows clients to view potential properties. The whole process of deciding the perfect place and transferring the title becomes a lot easier with e-commerce facilities.
One thing that your business should be updated on is the various types of payment options available for clients. People have started to rely heavily on online transfers and credit card payments. The main reason for this is that it makes the whole process easier and faster, eliminating the need to contact a person for making payments physically.
If your business does not offer such facilities to clients, you will be losing out on a large potential customer base. Luckily, we are here to help you. We will provide you with the entire setup and payment gateway at a low cost. Not only that but our virtual terminals are completely secure, so you can count on us to keep all the information related to your business completely safe in our data banks. Furthermore, our gateway setup is advanced yet easy to handle.
You will be happy to know that we also accept a variety of cards such as Visa, MasterCard, Discover, and Amex. Even if you need the services of check processing or ACH processing, we will provide you with those facilities as well.
Denied, Closed, Cancelled or Shut Off by Other Providers?
Your business is labeled as a high-risk business, which means that many banks and online services such as PayPal and First Data will not be willing to open up merchant accounts for you. Even if they do provide you with a merchant account, you will be under stress of it being closed any time as they have the authority to do that. Not only will your business transactions be disrupted and you might lose customers, but opening another account will also take a long time.
By opening an account with us, you will not face that stress. We will be walking alongside you all the way, ensuring that all your needs are fulfilled. It doesn't matter to us if your business is at high risk; we will always support you and provide the best services you need.
New Businesses and Startups get Approved
The biggest problem for a startup is the lack of credit history as no previous transactions have been made or processed. There is no record of your company's profits or loss either, and there is no assurance that your setup will be successful in the future. Hence, you will notice that it will be even harder for your business to get a merchant account with various financial service providers. And once you do, you will notice that the rates you get are higher than those offered to regular customers who have already established a name in the market.
If you come to us, we will not turn our backs on you. In fact, you will get out best services and customer service as well. Our first mission will be to build a relationship with you based on mutual understanding and trust.
Domestic and offshore options
There are many real estate and title companies that cater to customers worldwide, and if you are planning on following in their footsteps, then you will have us to back you up. Be it an offshore account or a domestic one, we will be ready to help you set up a great system for payment processing.
There are a few benefits that an offshore company may witness. For instance, credit card transactions will be accepted from other countries as well, your account will be able to receive payments in various currencies, and your account will be protected and secure. The only downside of having an offshore merchant account is that the rates will be a little on the higher side.
For domestic accounts, the rates offered will be lower as there are less risks involved with such companies and you will be provided with security and amazing services.
So be it an offshore or a domestic account, our customer services will be available for your assistance at any time. If you have any queries or problems, feel free to give us a call and we will be at your service right away. You can even email us and one of our representatives will get back to you shortly.