MERCHANT ACCOUNT FOR HOME CLEANING SERVICES AND PRODUCTS
QuadraPay is here to assist you with splendid services for your business. We have various robust payment processing solution for different businesses. Some businesses can be tricky to place but that’s not the end of road. You can still opt for good merchant account providers who will rely on your business. QuadraPay will help you in every possible way to increase the cash flow of your business. We offer an inclusive range of services in the Europe, Canada, and the USA.
Quadrapay Proudly Helps Home Cleaning Service Providers And Product Sellers Accept Payments Online
We all know that there are many ways to accept payments. It can be in the form of cash, check, Netbanking, Direct debit to name a few. It can be hard to maintain the track of cash and check transactions. Cash is the least accepted form of payments in the ecommerce industry. Keeping and moving cash is not secure. It can be robbed and stolen easily. Nowadays buyers can pay merchants by using electronic payment modes. Merchants can keep track of all transactions. It is the most convenient way for customers to pay.
Quadrapay helps businesses in accepting debit cards, credit cards, EFT, Interac and Echecks. Electronic fund transfer (EFT) payment processing is for Canada based merchant. The merchants who are serving and providing their services in Canada can accept the payment via Electronic Funds Transfer.
Debit and credit card payment processing is an easy solution. To accept the payment by debit and credit cards, merchants have to enter the details in a virtual machine. After that, the card issuing bank has to authorize the transaction request. If approved then the transaction will take place successfully. The requested amount will be debited from the payer’s bank account and credited to the payee’s bank account. The settlement to the merchants account is not instant. The processing firm may hold the funds for some time. This is done for proper reconciliation. Alternatively, business owners can also accept payments by credit card terminal or POS( point of sale devices). In POS, the merchant swipes or taps the card on the credit card reader and enter the customer may be asked to enter PIN. After that, the information is sent to the card scheme which verifies the details. The payment processor will check the payer’s bank account if it has a sufficient line of credit. If the issuing bank approves the request then only the transaction will be completed. If it is not approved then the transaction will be declined and the merchant may ask the customer to use another card. Many ecommerce sites that offer home cleaning products use API and VT modes to accept sales online. Some that offer products through retail stores prefer to use POS machines.
Echeck A Revolution In The Payments Industry. Can Be An Amazing Option For Startups In The Home Cleaning Industry.
Echeck is an electronic form of payment. Traditionally, In echeck processing paper checks were converted into an electronic check with the help of paper check reader. Now with modern echeck gateways, the process is lot easier. Echeck contains all the basic information that is visible on paper check. Buyers can send echeck payments to the merchant by giving the details over the phone or by filling the online form sent by the payee. The online form collects the routing number, account number, and the amount of payment with few additional details.
In Electronic Fund Transfer (EFT), the fund is transferred from one account to another. The transaction is done electronically. It is also known as electronic banking and all the transfers are regulated by the Electronic Funds Transfer Act (EFTA). EFT payment processing is processed through the ACH network. Once the ACH network authorizes the electronic fund transfer, the fund is transferred from the payer’s account to payee’s account. There are few types of EFT payments like direct deposits, wire transfers, debit and cards.
About Merchant Account For Home Cleaning Services And Products.
Home cleaning services are expensive in the US, EU and other developed economies. This industry is growing rapidly in the US. Cleaning products are also in demand.
As per the IBIS world, over the past five years, residential home cleaning services industry has increased by 2.8% . It generated the revenue of $943m in 2019. The number of businesses has also increased by 1.9%. The number of employees has increased by 1.5%. So we can say that there will be a rapid increase in this business in the upcoming years. Home cleaning services are now booked online and merchants accept payments by debit, credit card, echeck, Interac and EFT.
We are here to provide assistance in securing merchant accounts for home cleaning services and products. We offer low transaction fee. Our services are available for all home cleaning services and products. Feel free to contact as [email protected] to get a merchant account for your growing business.