Private tutors require merchant accounts to accept payments from their students. These days it’s common to find private tutors located in countries like India teaching to students in the United States, Canada, Australia, United Kingdom and Germany. With the help of Information Technology and the internet imparting, education has become extremely user-friendly. Private tutors operating from their homes can accept payments internationally by using International merchant accounts for private tutors. Teachers have been using alternative modes of payment processing for taking payments. These modes include wire transfer and bank to bank transfer. Nowadays they use the advanced method of payment processing through Credit Card and echeck payment gateway to accept the education fees for tuition fees.
Credit Card processing for private teachers. Private tutors can accept payments online if they use payment gateways. They can easily integrate the payment gateway API on the tuition website, and the student can make monthly or weekly payments. Private tutors can also use ACH as a billing option that helps the student make the transaction on a recurring basis. To get a Credit Card processing account for this business model the website of the private tutor must be complete and should display the exact business model. All the courses should be listed, and the pricing should declare what service offer includes.
ACH And Echeck Payment Gateway For Private Tutors
Apart from accepting credit cards, private tutors can also accept payments by using ACH and echeck payment processing. ACH merchants get a virtual terminal that helps them in collecting fees for the tuition. To submit an ACH transaction the merchant requires these
- Account number
- Routing number
- Full Name
- Billing address
- Phone numbers that are associated with the payer’s account.
ACH payment gateway can be easily integrated into the tuition service website. Most of the time’s payment processing companies will help tutors in the smooth integration of the payment gateway and education website.
Quadrapay proudly offers assistance to domestic and international tutors in getting reliable Credit Card processing solutions. Our team will closely work with you and help you to find the right solution that works for your business requirements. We will be happy to request the payment processing company or the PSP for the pre-approval of your website. After the pre-approval, the PSP will require the application form along with essential KYC documents. Once we get the application and the KYC documents we connect the merchant directly with the payment service provider. The underwriting team will further instruct the merchant for any additional requirements. Once the merchant account is active, then our technical team will be happy to assist you with the integration process. Please keep in mind that European Union based payment processors require the merchant to have an EU company. We work with multiple payment processing companies, and few of them are non-European nations. These processors may have separate requirements. To get a merchant account for your private tutor business contact Quadrapay today on [email protected]