What is an MLM Merchant Account?
Accepting electronic payments smoothly & efficiently drives profits for direct sales companies. MLM merchant accounts give you the ability accept a wide variety of payment methods electronically.
MLM Credit Card Payments Credit and debit cards are used widely throughout the world. In the US, UK, France, China, Australia, Japan, Sweden, consumers use cards more than cash. The card brands advertise heavily, escalating global demand for card payments. Accepting all major card brands is simply smart business.
ACH / Echecks. Electronic checks are the most popular alternative payment method in the US. Millions of Americans regularly pay for goods & services with echecks. Adding electronic checks to your checkout page boosts sales up to 30%, depending on the products & services being sold.
In addition, ACH is a great way for MLM merchants to pay distributors in the US. Same day ACH is the fastest and most cost-effective method to direct deposit payments to bank accounts.
Alternative Payment Methods. More than 80 different payment options are available for international shoppers through MLM processors. In many regions, “in-country” payment methods, such as local bank transfers, are more popular than cards. Experience up to 40% in increased sales simply by offering buyers familiar & trusted payment methods preferred in their country.
Some MLM merchants operate both in the US and world-wide. Displaying and accepting payments in the local currencies of your targeted markets is the best way to boost international sales. Multi-currency processing is a standard feature on all MLM merchant accounts. Accept payments in 160 currencies. Receive settlements in all major world currencies.