Direct Payment Processing Solution
Direct Versus Third-Party Merchant Account
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The account is in the name of the owner in direct merchant solution. Whereas third-party solution has its own name.
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Less documentation requires in third-party merchant account.
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Third-Party Solutions are suitable for startup or business with a poor credit history.
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The third-party solution takes high fees on each transaction.
Benefits OF Direct Merchant Account
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Merchants have full control over the transaction done on their account.
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Transactional fees are low, which will help you save big in a financial year.
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Merchants can accept multi-cards, multi-currency payments. You can also accept payments like credit, debit, ACH, eCheck etc.
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Adjustment rate is fast. Payments get transferred in merchant’s bank account in generally T+1, T+2 or T+3 days.
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24×7 customer support in case of any disputes.