Depending on one acquiring bank for payment processing is a risky proposition in today’s volatile banking environment. Multiple payment processing accounts are strategically desirable for ecommerce merchants to ensure processing can continue uninterrupted.How Changes in Banking Regulations..
A direct marketing company contacted us today with an all-too-common story. Its current merchant account provider was terminating processing because the company had chargebacks http://www.riandalaw.com/Documents/MerchantChargebackLiability.pdf that exceeded the card brands required ratios of..
Considering how important payment processing is to business success, many owners seem sadly lacking in awareness of what it takes to get a merchant account approved. Here are the top 3 mistakes that companies make then applying for payment processing accounts.1. Lack of good credit..
High Risk Merchant Account Load Balancing GatewayCompanies in high risk merchant account categories often use a gateway with load balancing to distribute transactions among acquiring banks and processors.High risk merchants deploy payment gateways with load balancing features in order to manage..