Title: Safe & Secure Payment Processing System with Merchant Stronghold (1)
1MERCHANT STRONGHOLD
- High Risk Merchant Account Services Provider
24 Steps to Better Payment Processing
- When you set up a new business, along with many
things that need to be sorted out you need to
figure out how you would like to accept payment
from your customers and this is one of the major
obstacles, which most of the new business owners
face. When you think about payment process, there
are a few questions that need to be answered to
find the solution. These questions are
3- Type of payments to be accepted
- Pros and cons of the chosen payment type
- Cost related to payment method.When you are
learning about payment processing, you should get
knowledge about all the possible payment methods
in detail. Out of various methods, Credit Card is
the most popular as well as preferred payment
method among customers. Let us discuss the basic
steps you need to follow to get started with
credit card processing
Setup a merchant account To carry out online
financial transaction, we need to open a bank
account to be able to accept payment online in
multiple ways (credit card, debit card, net
banking). This bank account is called merchant
account .Merchant account is an account with a
card merchant processor, who underwrites and
settles transactions made online and payment
processor is the company that underwrites or
facilitates transactions.
4- Fee charged When you open a merchant account and
start accepting payments, banks charge you a fee.
This rate varies from bank to bank. This fee is
discussed at the time of opening a merchant
account and it also depends upon the type of
transaction you have opted to process.
5Contact us -
US HQ 10300 49th Street N Suite 427 Clearwater,
Florida 33762 UK HQ 160 City Road Kemp
House London EC1V 2NX 1 (888) 622 -
6875 1 (844) 465 - 4723
info_at_merchantstronghold.comhttps//www.merchants
tronghold.com/
6Thank You