Companies selling call blocking devices experience a much bigger chargeback and return ratio. This is because of high level of dissatisfaction in customers. In case if the customer bought the product and still receives unwanted calls then there may be a possibility that the customer will claim refund. In this case the card holder will call the card issuer and the card Issuer may trigger a chargeback request. High Chargeback ratio can also become the root cause of Merchant account closure or termination. We strongly recommend all merchants to use chargeback alert and notification services.
Merchant selling call blocking devices are considered to be high Risk in nature. This is because there has been many instances of companies that sell call blocking devices using outbound calling techniques to generate sales. Most of the payment service providers do not offer any solution for outbound call centers. It is also a reason for most of the payment service providers are reluctant in offering any payment processing solutions to call blocking device manufacturers and sellers.
If you sell call blocking devices over website where the customer get routed by a search engines and different advertising platforms then you can certainly apply for a high risk merchant account for your call blocking device business. With the Global Payment Gateway solution you can easily accept payments from multiple countries in multiple currencies. The integration is easy and most of the payment service providers will help you with the API documentation. The API documentation can be used to easily connect your website to the payment gateway API URL.
Call blocking devices are extremely popular in countries like United States of America, United Kingdom, Australia, New Zealand and Canada. With the Global gateway solution you can easily offer your products to customers located in the above mentioned countries.
Since this is a high risk business the Merchant account providers will certainly put a rolling reserve. This reserve helps the processor to mitigate the risk of charge backs and refunds. Most of the times this ranges between 5% to 10%.
The on-boarding process for a Credit Card processing solution is simple. You send us the application form with the required KYC or KYM documents. Our internal team compiles all the documents together and sends it to the relevant payment service provider.
The underwriting team at the payment service providers office analyses your website, application and the documents. Based on the internal risk guidelines and results of the verification of the documents your account may be approved.
Rate of transaction may be a little bit higher than any other business this is primarily because the possibility of customer dissatisfaction is a little bit higher in this industry. Merchants must display all the terms and conditions on the website including the refund policy.
Businesses selling call blocking devices can also use electronic check or echeck payment gateway to accept payments from USA based customers. There are many Companies selling call blocking devices and most of them use electronic check as a preferred mode of payment for the US based customers
Everyday consumers receive hundreds and thousands of calls from telemarketers. These phone calls are meant for the business expansion of the calling party. Consumers face lot of challenges by getting these calls. There are provisions like the national do not call registry in many countries but sometimes customers also use call management product to reduce the number of unwanted calls.
These call management products are also known as call blocker. It is strongly recommended to use the national do not call registry to avoid promotional calls from telemarketers. These call blocking devices offer additional call management features that include blocking anonymous calls or or blocking a specific area code. These call blocking devices look pretty much like a caller ID that can be easily connected to your wire line or Landline connection.
Most of the times these call blocking devices will not cost any monthly subscription except the cost of the product. It is an additional attachment that is connected to a regular phone line.