Best High-Risk Payment Processor

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(No Transcript)
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High-Risk Payment Processor for Providing
Delightful Payment Processing Experience to
Merchants

• Omni-channel payment processing is becoming a
  crucial company strategy as consumers demand more
  convenient and flexible purchasing options.
• We now live in the digital era. Our cell phones
  are always with us in our hands or our pockets,
  and they have irreversibly changed the way we
  interact with the world, including how we
  purchase. Consider the most recent important
  purchase you made. Did you go to the store and
  purchase whatever was on the shelf? Or did you
  have a more tumultuous encounter?
• The following scenario is pretty prevalent these
  days You go to the store, look up competitor
  prices on your phone, go home, do some more
  research, see a few advertisements on social
  media, and then decide to buy the thing online.
• This customer journey isn't just for B2C
  customers. B2B buyers are increasingly having
  comparable complex experiences, in which they
  connect with a company at multiple touch points
  before making a purchase.

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Increased Customer Satisfaction with
Multi-Channel Processing
Consumer expectations have evolved as a result of
the shifting purchasing process. They want to
interact with a brand or organization in a
consistent manner across numerous platforms and
touch points. This mentality, crucially, extends
to payments. Consumers want the freedom to pay
where and how they choose, whether it's in a
store, on their phone, online, or elsewhere.
Businesses must be clever enough to gather
payments anytime clients exhibit buying intent,
independent of sales channel if they wish to
prosper in the modern era. This is when
omnichannel processing comes into
play. Customers get a better experience when
businesses use an omnichannel strategy. Customers
have a consistent and unified brand experience
across all platforms. They can easily navigate
between the various touch points, whether it's
checking out the brand's social media profile or
going to the store. All of these pleasant
experiences have strengthened the company's
credibility and trustworthiness. PayCly provides
the most authentic and generic payment solutions
to merchants. Our High-Risk Payment Processor
allows you to control your annual and monthly
transactions. We ensure timely payment settlement
so that the merchant never have with delays.
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What's the Difference Between a Payment Processor
and a Payment Gateway?
You may have heard the terms payment processor
and payment gateway as a small business owner. Do
you know the difference between them, although
they both play a vital role in payment
processing? To completely appreciate the
distinctions between payment processing and a
payment gateway, you must first become familiar
with all of the major players, their functions,
and how they interact. First, we must comprehend
the essential elements of payment processing. The
following are the key players in every credit
card transaction

• The CustomerThe person who swipes or keys in
  their card.
• The merchantThe Company that receives payment
  in exchange for goods or services delivered to a
  consumer.
• The ERP/accounting softwareThe tool that a
  company employs to track and report financial
  activities.
• Issuing Card BankThe bank that issued the
  credit card to the consumer. For example, a Visa
  can be issued by any of many local or national
  banks, such as Chase or Wells Fargo.
• Credit Card NetworkFirst Data is a site where
  everything comes together for credit card
  processing and charge collection.
• Merchant Acquiring BankThe bank that provided
  the merchant with a merchant account from which
  he or she can withdraw funds.

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Which Do I Need A Payment Processor or a Payment
Gateway?
Businesses who want to handle payments within
their ERP/accounting software or eCommerce store
should use a payment gateway. A basic merchant
account may be the best option if you don't
utilize accounting software or operate an
internet store. If you're looking for a merchant
account, look for one that offers flat-rate or
interchange-plus pricing, no contracts, PCI
compliance, next-day financing alternatives,
chargeback management, and 24/7 in-house customer
service. A payment gateway is the best option if
you want to streamline your payment acceptance
and handle credit cards online. If you want to
streamline your payment acceptance and handle
credit cards online. Make sure to choose a
processor that has its proprietary payment
gateway while shopping for a payment gateway. To
achieve PCI compliance for small enterprises, the
gateway should be designed by in-house software
engineers, and client card information should be
stored off-site.
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What is a Chargeback? And is it Always Necessary
to Fight Chargebacks?
When a chargeback occurs, you may have an
emotional reaction. You can be furious or upset
and wish to retaliate. Unfortunately, chargebacks
are structured to benefit cardholders rather than
merchants, and in some situations, pouring time
and money into fighting a chargeback will be
futile.
Are You Able to Find a Different Solution to
Resolve the Conflict?
A customer can file a chargeback if they never
received the product, if it was damaged when it
arrived, or if something went wrong. After a
chargeback is filed, merchants have ten days to
contact customers. You have ten days to work with
the customer and come up with a different
solution. Customers are usually satisfied with an
exchange or refund. You could also be able to
offer them further discounts. You can win the
battle before it even starts if you can settle
the situation and reverse the chargeback.
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What is a Chargeback? And is it Always Necessary
to Fight Chargebacks?
While chargebacks are inconvenient, they aren't
always worth fighting. You must consider the
benefits and drawbacks of disputing a chargeback.
Is this a case of friendly fraud? Is your case
likely to be successful? Will you devote too much
time and effort to combating it? Is your name,
money, or merchant account on the line? Is there
another method to solve the problem? You'll be
able to select when to dispute chargebacks based
on the answers to these questions.
PayCly is substantially gaining momentum in the
market for providing High-Risk Payment Processor
to merchants. In many cases, we have surpassed
the merchant's expectations and provided the
relevant payment processing solutions. We provide
good and worthy returns for your hard-earned
money.
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Contact Us Now For Payment Gateway Solutions
7 Temasek Boulevard, 12-07 Suntec Tower 1,
Singapore, 038987 info_at_paycly.com https//paycly
.com
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Thank You