How can I get a merchant account for my astrology business?
Are you an Astrologer? Are You looking for a merchant account to expand your business globally? Great!! Well, we are here to help you out. In today’s time, Astrology Business is a money-making business. Every individual wants to look for insight into their future. Astrologers thinking to go online and having a merchant account is a superb idea for business expansion. In the traditional time, people used to take out their time and go to an astrologer for their future insight. There they have to wait in a queue. Also, they have limited options for an astrologer. But in today’s era, you can book an appointment from your comfort zone.
What is An Astrology Merchant Account and Credit Card Processing?
Well, let’s first discuss what a merchant account is? It is a special kind of a bank account. It allows businesses to accept payments through various electronic payment methods. An Astrology Merchant Account is also the same. It helps astrologers to process or transact payments from their clients. The astrologer and bank crafted an agreement on which both the parties must agree upon.
Astrology credit card processing or conventional credit card processing are equally fast. To offer astrology services to your clients, you must have an account. At the account opening step, the astrologer receives a software or terminal. This helps to ease the process of card transactions. The client now pays for the service he avails through debit/credit. The information about the client goes to the bank. The transaction may get approved or declined based on the client’s available balance.
Astrology payment gateway:
Astrology payment gateways authenticate and approve all the payments from the customer. It then forwards the payment to your bank account. The gateway works as an intermediary between the astrologer and his clients.
Let’s have a step by step process of how the astrology payment gateway works:
- The client places the order for astrology service. Put his name, card information and other details. After that, the authentication(Verification and Validation) process starts.
- After receiving the information, it will be sent to the astrologer’s merchant bank account.
- The processor or bank sends the information to the client’s bank or processor.
- The client’s bank approves or declines the transaction based on the fund’s availability.
- The client’s bank sends all the information to the merchant’s bank account. After that, it passes the information through the payment gateway.
The whole process is so smooth that it completes within seconds. The payment will reflect in the bank account within one-two days. It is a high risk-oriented business. To deal with, one has to have a high-risk merchant account. We as a QuadraPay are specialized in high-risk industries. We support our best to get you a high-risk merchant account for your Astrology Business.
Happy processing and great Future Insight!!!