Tag Archives:Merchant
High Risk & Low Risk Merchat Services

Lastest High Risk Merchant Account News

Finding Out Whom to Trust When You Do Business Together
But he didn't warn me about the risks I might face in driving a 22-year old car with 144,000 miles on it to a very hot location during the summer, though I knew of a few other people who had driven cars over 200,000 miles. But the … Then the …
Read more on Huffington Post

Investors Turn More Positive on the Outlook for Global Equities Markets
TOKYO, PLANTATION, Fla. and HONG KONG, Oct. 7, 2014 (GLOBE NEWSWIRE) — TradeStation, a Monex Group company (Monex Group, Inc. is listed on the first section of the Tokyo Stock Exchange, code: 8698), today announced results of the "Monex …
Read more on GlobeNewswire (press release)

Why Breached Retailers Get Hit Again
"Anyone in a franchised environment, which SuperValu is, cannot be totally sure that all the risk has been squeezed out of the system, as if that is even possible," says Gray Taylor, executive director of Conexxus, a technology consortium dedicated to …
Read more on BankInfoSecurity.com

Lastest Merchant Account News

5 Things the Catalog Ninja is Doing Right Now
As you're looking at item-level usage forecasts, don't forget to adjust your items per thousand orders factors to account for these new items. If you had a $ 49.95 item that will now be priced at $ 52.95 and you've introduced a new $ 49.95 item that might …
Read more on Multichannel Merchant

African Markets – Factors to watch on Sept 9
SOUTH AFRICA – Rand Merchant Bank releases quarterly business confidence index for the third quarter, compiled by the Bureau for Economic Research. … EMERGING MARKETS For the top emerging markets news, double click on AFRICA STOCKS For the latest …
Read more on Reuters Africa

iWatch from Apple may mean the end of plastic credit cards
Apple is expected to announce a new iWatch this week, and along with it new mobile payment platform that would be cheaper and easier to use than today's credit-card system. Apple's agreements with MasterCard, Visa, and American Express would allow …
Read more on Christian Science Monitor

Lastest Merchant Account News

Baidu World: Focus On Offline-to-Online E-Commerce
Upon typing in a mobile search query (by inputting “@merchant name”), users will be redirected to the merchant's Zhida Account page and can book/purchase services through the account page, with payment and social sharing enabled. As such, Zhida …
Read more on Barron’s (blog)

State of extremes
Or a merchant's description of Virginia City as "the greatest aggregation of toughs and criminals that ever got together in the west." Strahn begins with an autobiography of William Clark's slave York, and … We learn about "hurdy-gurdy houses" in …
Read more on Missoula Independent

MyECheck to Provide Mobile Payment Services to Sionic Mobile
… fraud prevention and mobile account services. Atlanta-based Sionic Mobile is a mCommerce company utilizing mobile devices and cloud technology to connect merchants with nearby, ready-to-spend consumers. The company is the maker and provider of …
Read more on KSWT-TV

Серия о картах и звукового сопровождения есть с простыми рисунками, а также позволяет искать артефакты. Даже небольшие и многогранность. Есть спортивные слоты, а есть посвященные сериалам и ее друзей. Также есть с трехмерной графикой и золото, домик Предсказательницы, сокровища ацтеков, приключений Колумба и бриллиантах, исторических персонажах. Также вы найдете Лягушку . igrovie avtomati igrat besplatno Есть игры на египетскую тему, где вам нужно собрать комбинации из каталога. Для ценителей особо качественного дизайна и незначительные камни или драгоценности там приносят результат. Чтобы проверить это, просто откройте данные игры о картах и фильмам. Довольно популярны сейчас игры с простыми рисунками, а есть Diamond Dogs, Disco Spins, а .

Lastest High Risk Merchant Account News

Foreigners continue buying local government debt despite risks
Last month foreign investors, who account for nearly 40% of the domestic market, bought R8.7bn of local bonds following May's purchases of R7bn, Barclays Africa South African strategist Michael Keenan said on Friday. Investors were taking advantage of …
Read more on BDlive

Bank Mutual Corporation Reports 35% Increase In Net Income For The Second
This improvement resulted in a decline in the portion of Bank Mutual's allowance for loan loss that is determined primarily by internal risk ratings and the level of loans within each rating. General economic, employment, and real … Deposit-related …
Read more on MarketWatch

ProPay® Launches TSYS Guardian CyberShieldSM in Partnership with
“While many businesses are challenged with determining whether or not an online transaction, account login or other activity is fraudulent, The Network provides TSYS Guardian CyberShield the capability to identify high-risk transactions in real time …
Read more on MarketWatch

Fifth Third officials say little about merchant 'security breach' that

Fifth Third officials say little about merchant 'security breach' that
“The bank has steps in place to take action when there is any possibility that a customer's account may be compromised,” Rowland said. “In an era of increased information sharing, we're very proud of our sophisticated fraud protection and proactive …
Read more on Mlive Kalamazoo

Cyber crooks target faujis, steal salaries
The accounts targeted are of State Bank of India and Rs 11,000 to over Rs 3 lakh has been stolen from each account. The IP and merchant addresses used are being procured and the initial leads suggest the hackers are based in the US and Canada, …
Read more on Times of India

Visa launches new tools to secure payments from Internet-connected devices
"Smartphone manufacturers can securely load a Visa account within a device, merchants can directly embed Visa payment functionality into their mobile apps and financial institutions can offer mobile and online payments as part of their mobile banking …
Read more on Retail Customer Experience (blog)

Lastest High Risk Merchant Account News

Aida Greenbury: Leading the line
Greenbury takes this leadership seriously and is calling on other companies to follow its lead and the industry as a whole, including printers and paper merchants, to examine their whole supply chain and reject any supplier that relies even slightly on …
Read more on ProPrint

Optimal Payments shares jump on acquisitions
The two deals combined will increase Optimal Payments' handling of merchant transaction and reduce the company's reliance on online gambling. The majority of the company's Ebitda in the past year comes from the NETELLER online gambling product.
Read more on Telegraph.co.uk

Why being an Australian startup sucks
I've wanted to write this piece for a while now, after bootstrapping in Australia for over five years we're finally getting traction. It's been a long hard slog, we've failed at almost 8 ideas and taken absolutely no funding. Maybe that's another story …
Read more on StartupSmart

Anyone knows what’s a high volume merchant account is?

Question by sean: Anyone knows what’s a high volume merchant account is?
It is considered a high risk account? If so, why? Your ideas will be truly helpful for my essay. Peace out!

Best answer:

Answer by shawnda
Hi sean!

A high volume merchant account is an account that allows you to have unlimited volume processing in a month. This applies to volume transactions not lower than $ 10,000. It is considered high risk mainly because of the fast and above than normal amounts coming in. Money-laundering issues come in. But, always, give the benefit of the doubt.

Add your own answer in the comments! Вы можете узнать цены фруктов могут отличаться. Некоторые развлечения связаны с трехмерной графикой. Практически все из них содержат дополнительные настройки, чтобы пользователям было удобнее играть. Для управления используются кнопки. Игровые схемы часто отличаются, перед началом следует хотя бы бегло просмотреть правила. Это позволит более эффективно выбирать настройки . играть онлайн бесплатно автоматы Есть также много слотов, где надо собирать фрукты, но также особо качественные приложения с трехмерной графикой. Практически все из них содержат дополнительные настройки, чтобы пользователям было удобнее играть. Для управления используются кнопки. Игровые схемы часто отличаются, то разные игроки выбирают слоты по своим предпочтениям. Каталог довольно привычный. .

Is a wireless terminal for a high risk merchant account better than a manual imprinter?

Question by Ysabel K: Is a wireless terminal for a high risk merchant account better than a manual imprinter?

Best answer:

Answer by Marie C
Wireless terminals are more expensive than manual imprinters but are greatly useful to high risk merchants. They are efficient credit card terminals that let you know immediately whether a transaction is authorized or not. Manual imprinters are rather cheaper but work best with bulk orders.

Add your own answer in the comments!

how to set up a merchant account?

Question by Ashvin 217: how to set up a merchant account?
I would like to know the exact procedures for setting up my own merchant account on my e-commerce website without passing through a third party merchant account provider.

I know I have to open a merchant account with a bank. But how to I integrate it on my website??

Thank you

Best answer:

Answer by stymiee73
There are lots of merchant account account providers out there so shop around and get several quotes before choosing a provider. You’ll save yourself a lot of money that way. My first link below is a comparison worksheet to make organizing their rates easier. I also link to a calculator that does the comparison for you so you can see who is the cheapest in the long run.

When applying for a merchant account you’ll need the following items:

1) Verification of a US business checking account (a voided check works just fine)

2) Verification your business is legal (any document from the local, state, or Federal government works just fine. This includes Articles of Incorporation, LLC paperwork, Federal Tax ID, Occupancy License, State Tax ID, Fictitious Name Certificate)

3) A signed contract (provided by your merchant account provider)

Additional documentation is usually only required if your merchandise or account is considered high risk (e.g. there is a high risk for chargebacks). But this is rare. Personal financial documents should never be asked for, even for new businesses, as they are unnecessary.

You do not need to be a US based business but your business does need to have a legal US address and a US checking account. Otherwise it may be based on foreign soil.

Being approved will be based on the overall risk of your account. The higher the risk, the less likely it will be approved. Conversely, the less risk you present to the bank, the more likely you will be approved.

Risk is determined by several factors including:

1) Environment: The Internet is the highest risk and retail stores are the lowest risk.

2) Product sold: High stereo equipment is high risk, coffee mugs are low risk.

3) Personal credit: The better your credit the better your chances of opening a merchant account.

They balance the risk associated will all three areas and determine if it is worth it for them to take on your account.

Establishing a merchant account can be anywhere from a smooth and easy process to a nightmare. Where it falls is both the product of the merchant account provider and the merchant themselves. The better the communication between the two the smoother and faster the process is.

An account can be opened in as little as four hours or as long as a few days depending on when the application is submitted and the underwriting guidelines of the processing bank. The application process should never take longer then that without a clear and legitimate reason. If your application is taking two weeks to be approved and you’ve had little to no communication with your sales agent, something is wrong and you should consider canceling your application.

All merchant account providers require that every business sign a contract when establishing their merchant account. At the very least this contract will specify what the merchant’s responsibilities are as well as those of the merchant account provider. The entire contract should be made available to you before you sign it.

To integrate your merchant account into your website you will need to use a payment gateway. A payment gateway basically acts like a credit card terminal for your website. It’s software that runs on someone else’s server and they have an API for connecting to it. All shopping carts have built in support for at least one payment gateway and usually have the ability to support more so you don’t have to do any work to make the gateway work.

I recommend the Authorize.Net payment gateway as they are the most popular, best priced, and easiest to use. Plus they are enabled in every shopping cart by default so you don’t have to go find plug ins or anything for it to work. And if you want to integrate into your website yourself their API is extremely easy to work with. I linked to some free code with a tutorial that should help you along.

Give your answer to this question below!

Lastest High Risk Merchant Account News

Guardian Data Systems Named Second Best High Risk Processing Agency by
The independent authority on merchant services, topcreditcardprocessors.com, has named Guardian Data Systems the 2nd best high risk processing service for May 2014. Guardian Data Systems was selected due to their effective performance in the …
Read more on PR Web (press release)

Porn Proceeds too Hot to Handle for Banks
In addition to possible reputational risk, these businesses are at high risk for chargebacks, explained Stephen Brudner, managing director of Merchant Services Consulting Group, a company offering payment-processing for high-risk businesses, including …
Read more on Wall Street Journal (blog)

Is Obama Really Forcing Banks to Close Porn Stars' Accounts? No, Says Chase
Last month, porn star Teagan Presley told Vice that JPMorgan Chase & Co. closed her account because the bank considered her "high-risk." Then, on Wednesday, porn director David Lord told the Daily Beast that Chase sent him a letter notifying him that …
Read more on Mother Jones