Eliminate Your Fears And Doubts About Ecommerce Merchant Account.
If you are looking for reliable transaction processing for your online business, Quadrapay offers Ecommerce Merchant Accounts and high-risk credit card processing to advance your processing capability to the next level.
Ecommerce accounts give you the ability to accept and manage the transactions through debit cards & credit cards and other payment methods. Digital payment processing system is now a backbone for every business across the globe. As a sudden boom in the rise of high-risk eCommerce accounts, it is now required for every business owners to have a credit card processing solution in order to send and retrieve the payments digitally.
Ecommerce accounts give you the ability to accept and manage the transactions through debit cards & credit cards and other payment methods. In fact, now it is easier to get the best payment gateway for eCommerce site with Quadrapay.
Benefits Of A Merchant Account From Quadrapay:
- Faster Approvals: Quick approvals to merchant accounts so that you can quickly get more sales through the market.
- Low Rates: We offer lower rates compared to other service providers in the market.
- PCI-DSS Compliant Gateway: Superior technology with high-grade protection transcends the most potent standards for compliant eCommerce payments that protect your business and your customers.
- A Vast Bank Network: You can take a single ecommerce merchant account or can take multiple eCommerce transaction accounts to lessen the risk of processing.
- Protection from High Chargebacks: Assisting to avoid chargebacks by providing warning service by chargeback mitigation system.
- Safeguard from Frauds: A risk-free trading experience by quickly accepting only good orders while rejecting the wrong request orders. A number of fake orders or frauds can ruin your processing records with the possibility of a large number of chargebacks.
- Superior Customer Service Support: Get full assistance service by our highly trained experts that are always dedicated to advance your business to the next level.
Procedure To Apply For The Ecommerce Merchant Account
Quadrapay has made a faster and simple process to apply for an ecommerce merchant account. You have to fill the application form along with all the required documents that include government-approved Identity Card, Bank account Statements, your online processing history, and business structure documents.
There will be no charges and obligation on the application process.
Ecommerce Merchant Accounts may take up to 2 to 3 business to get approved with a payment processor after successful submission of all the supporting documents.
Classification Of A High Risk Ecommerce Accounts
Banks generally classify some businesses as a high risk ecommerce merchant account which have a statistical analysis of getting more significant chargebacks.
When a dispute of transaction is initiated by a consumer, the bank starts issuing chargebacks on that account. A high chargeback can occur because of many factors, that can be a product not performing as promised, product not received to the customer, not responding to the issued that were generated by the customers.
Even there is also an issue of friendly fraud where some customers often dispute a transaction for getting a product for free. So even if a business has a low chargeback history, still the bank will classify it as a high risk payment.
Some other factors for high-risk classification include services or products that are being sold, the model of billing system, targeted market, or even a bank can be concerned about its reputational risk. In such cases, getting a credit card processing solution becomes difficult. But if you go for the best payment gateway for eCommerce site from Quadrapay, you can rest assured with a merchant account that is crafted according to your business needs.
If you need further information regarding ecommerce merchant account, you can contact us at [email protected].