Bridal Store Payment Processing: Industry Guide
Bridal Store Payment Processing account is a specialised merchant account for bridal stores. Online and retail bridal stores can use an omnichannel bridal payment processing system.
In today’s competitive world of the bridal store industry, using advanced credit card payment solutions is critical. QuadraPay has been offering highly efficient point-of-sale systems for bridal stores since 2016. Our bridal payment processing experts team has created this guide for you. The objective of this guide is to make you aware of the important features and benefits of bridal store credit card processing solutions. Let’s begin
Benefits of Bridal Store Payment Processing Solutions
High-Value Transaction Support
Our bridal payment processing solutions are truly efficient at handling high-value transactions that occur in upscale bridal stores. Whether you are selling bridal dresses or renting them, you know that the ticket size is normally high in this industry. This is one reason why traditional sponsor banks are sometimes opposed to onboarding bridal store merchants.
Custom Pricing Support
Every bride is unique, and so is her choice. Yes, the bridal gowns and dresses that you design are different for everyone, and that is why there can’t be one fixed price for each product. With our bridal payment processing solution, you can add custom pricing to your products.
Multiple Payment Methods
With our specialised solution you can accept various payment methods at your bridal store. Most popular payment moths that are used by companies like your include credit cards, debit cards, e-checks, ACHs, BNPL, Installments, Invoice and wallet payments.
Secure Transaction Processing
All of our payment processing solutions are powered by finest acquiring institutions and comply with the best industry standards. Advanced features like AVS, CVV validation, 3DS, Tokenization, Ai based fraud detection and encryption help keep transaction processing safe for bridal stores.
Easy integration
You can easily integrate our credit card processing terminals with your favorite bridal store point of sales system. With smooth integration you will be able to accept payments and keep track of the inventory and expenses. For better efficiency of a bridal store business it is important to use a credit card terminal that communicates well with the POS system.
Multiple Location Support
Whether you sell bridal dresses in the US, Canada, Spain, Australia, or the UK, we have the right payment solution for you. For your international transaction needs we can offer an online payment processing solution. This way you will be able to take your bridal business global.
Omni Channel Payments
With us you can get all kinds of payment solutions such as ecomemere, retail and moto payments. For your bridal store business you will be able to accept payments over the internet, over the phone, face-to-face, and even over mobile applications. All solutions provided by one processor.
Payment Plan Support
The bridal store business is a bit complex compared to many other businesses. You may need to set up a customer payment plan because, in most cases, your products have a high value. Customers sometimes prefer to make payments in steps. With options like BNPL, your customer can make small installment payments for expensive purchases at your store.
Inventory Software Integration
The bridal store industry is very much dependent on inventory management. It is extremely important for the credit card processing solution to easily integrate with your bridal shop inventory software. Our solutions are compatible with various software like that.
Fraud Defense
You cannot expect fraudulent transactions when you are selling bridal products. A fake order can be a significant loss for your business. Our merchant account solutions detect fraud and reduce the risk of financial loss.
On-the-go payments
The bridal store business is seasonal, but that doesn’t mean that business owners sit idle in the low season. The low season is a time when bridal store owners venture into different events and bridal shows. You can carry credit card terminals at bridal shows and accept payments on the go.
Api & Ready Plugins
Our solution is easy to integrate into your bridal store’s e-commerce website. We will provide you with ready-to-use plugins that you can connect to your website within a few minutes, and you will be able to accept online credit card or debit card payments in a very short period of time. If you have specific requirements, you can also use the advanced API integration guide.
Application Process for Bridal Payment Processing Account
Our acquiring partners are skilled at quickly onboarding bridal stores, and they can provide you with solutions in just 2 to 3 business days. Let’s look at how the application process for a bridal payment processing solution works.
You will have to share the business documents and fill out a merchant account application. The underwriting team will receive this submission. The team will review various aspects of your business, including checking your website and initiating a merchant-site inspection if needed.
They will then decide whether to support or decline your application. If they say yes, they will provide you with an offer that clearly describes the fees you will pay to accept credit and debit cards at your bridal shop.
If you agree to the terms and conditions, then you will have to sign the merchant account agreement. After that, you will gain access to the online payment gateway.
If you use plugins, you will be able to accept transactions within a few hours. If you want a bridal store point of sales system then the processor will send the terminal to you and guide you about installation and activation.
Fees for Bridal Store Payment Processing
We offer a transparent and cost-effective payment solution for bridal stores. Our solutions come without any hidden fees. The merchant discount rate (MDR) is competitive and represents a percentage that you will pay on each transaction. We understand that at your bridal store, the average transaction value can be very high, and that is why every percentage point matters. Our affordable credit card processing solution will be very beneficial for you, helping you increase your profits and reduce your costs. In addition to the MDR, the monthly gateway fee covers the use of a secure payment gateway for your bridal store business.
Conclusion: Bridal Store Point of Sale System
We are committed to provide a transparent and cost-effective credit card processing solution for bridal stores. With our affordable merchant discount rate and clear fee structure, we offer you the ability to focus on what you do best: delivering exceptional products and services to brides and grooms-to-be. Our credit card payment processing solutions allow you to concentrate on increasing your product offerings.
We encourage you to contact us so that we can provide more information about how we can help you save money on your current credit card payment processing solution. We’ll share insights on how much you could save in a year by switching to our solution. Contact QuadraPay today to start saving.