Tier 1 Quality Glassware Merchant Account
A Glassware merchant account is utilized by glassware companies to accept credit and debit card payments. These accounts can also accommodate additional payment methods, including APMs like digital wallets and QR code payments. With a glassware merchant account, companies can easily accept digital payments on their websites. Additionally, with a retail glassware merchant account terminal, store owners can accept face-to-face payments.
Many traditional banks consider glassware merchant accounts to be highly risk-oriented. This means that it may be a wrong decision to onboard merchants from this industry. There are multiple reasons for this kind of thought process. Firstly, the product itself poses a risk, as glassware items are fragile and may break during transport and shipment, resulting in customers receiving broken items
Additionally, glassware companies that sell products like bongs, smoking pipes, hookahs, e-cigarettes, and paraphernalia items may require additional regulatory requirements. Some of these products may also be age-restricted. All these factors together make obtaining a glassware merchant account a challenging task. However, with QuadraPay, you do not have to worry as we offer high-risk glassware merchant accounts powered by well-known payment processors.
Benefits of Glassware Merchant Account
Our glassware merchant account solutions are a perfect fit for glassware businesses of all sizes spread across various continents, including North America, Europe, and Asia. With our solution, glassware companies can send customized invoices to potential customers, who can then quickly submit payments by clicking on the ‘Pay Now’ button on the invoice. Customers can securely submit their credit card information on a fully compliant hosted payment page.
Merchants willing to sell glassware products to customers in multiple countries can get maximum advantage from our solution. With international merchant account processing for glassware companies, you can accept payments from customers in Europe, North America, Latin America, and Asia. You can literally accept credit and debit card payments from customers in numerous countries.
To ensure that you are able to make maximum savings on credit and debit card transactions, our solutions come to you at very reasonable pricing. Our solutions are powered by some of the best payment processing companies, and you will receive a reasonable quote with details of all the potential costs involved in transacting using our glassware merchant account solution.
Our user-friendly interface makes using the merchant account extremely easy. On the merchant panel, you can access vital details, including overall transactions, chargebacks, and return ratio. By carefully evaluating these metrics, you can make informed business decisions that will boost the growth of your glassware company.
For integration, you will have access to a digital API document. There are multiple ways to connect the payment gateway to your glassware website. You can either use the ready-to-use plugins and immediately start processing after integration, or you can use the API document to write custom code for utilizing more features of the payment gateway. Our partner providers will offer support if needed at the time of integration.
Our retail credit card processing terminals for glassware companies and stores come with the ability to accept almost all types of physical credit and debit cards, be it magnetic strip cards or tap-and-pay EMV NFC cards. With these terminals, your customers can also make payments using well-known e-wallets like Google Pay, Apple Pay, and Samsung Pay. These contactless, versatile credit card terminals offer a touch-free and virus-free payment experience to your customers. If you are still not using a credit card terminal for your glassware store, then it is high time for you to rethink and start using one.
Overall, when you start using a glassware merchant account, you will experience various benefits. You will find that your staff will not have to worry about managing cash transactions, and your operations team can focus on other tasks instead of running to the bank and depositing funds every day. With a glassware merchant account, you will experience reduced human errors in payment processing, faster deposit of funds, and quicker availability of cash flow in your business bank account.
When customers make payments online or through credit cards at your retail stores, the possibility of job cancellations also reduces, increasing your profit percentage. Mobile credit card terminals are excellent for field staff. Your field staff can carry these mobile terminals to your customers’ locations and collect payments.
Timeline for Approval for Glassware Merchant Account
The timeline for approval of a glassware merchant account varies depending on various factors. However, if the merchant provides all the required documents at the beginning of the application process and ensures that the website complies with the payment processor’s requirements—such as age verification, displaying certain information on the website, and selling only approved products—then the merchant can expect approval within a week.
In the event that we are unable to secure approval for a domestic merchant account for the glassware business, we will approach our offshore merchant account provider partners. Approval for these accounts generally takes one to two weeks.
Application Process of Glassware Merchant Account
To acquire a glassware merchant account, you need to submit an application to an acquiring institution that is interested in onboarding from your industry. As we have already discussed, obtaining a glassware merchant account can be challenging, which is why you should contact specialists like QuadraPay who can streamline the entire process.
For the approval of a glassware merchant account, we will require certain documents. These include business documents such as registration information of the company, bank account details, domain registration proof, business premises details, and invoices of stocks.
Personal documents of the business owners generally include national ID, utility bill for address verification, and proof of address. Depending on your business’s unique requirements, the acquiring company may request additional documents. Our team will keep you informed about any such requirements.
To initiate the process of obtaining a glassware merchant account, we encourage you to contact us. This will allow us to understand your unique requirements, provide appropriate suggestions, and take the necessary steps. Contact QuadraPay today.
