WIRELESS OFFSHORE MERCHANT ACCOUNT
This is a type of merchant account which
is highly useful. The most important
usage of wireless merchant account is
the fact that payments can be processed
irrespective of the time and location.
It doesn’t matter where you are or what
time it is if you are in need of cash it
is made available to you with the use of
Wireless merchant accounts.
The present generation merchants have
realized that authorizations and sales
of credit cards are of enormous use to
them like any of the merchants. The
transactions made by most of the
wireless merchants are faster compared
to other transactions. This is very
important for them in today’s world.
The merchant accounts which are in the
category of wireless merchant accounts
have a restricted use. They are
applicable to only wireless
transactions. It has a processing volume
which is it’s own besides fee schedule
which is common among all of the
merchant accounts.
There are different types of merchant
accounts. The wireless merchant accounts
will not be a best choice for business
which are home based. So while applying
for a merchant accounts the account type
that you prefer has to be mentioned.
Application for a wireless merchant
account can be made online.
An example of such a site is Card
street. They offer mobile/ wireless
merchant accounts. The application for
them can be made free. This is an
important aspect of this site. This is
very much helpful for people especially
for those who are planning to start a
new business. During start up each bit
of money is important. They are at the
top among the processors of credit
cards.
Wireless merchant accounts are useful in
enabling merchants for accepting debit
and credit cards payment at portable
terminals.
The advantages associated with wireless
processing are as mentioned below.
1)
It enables a merchant for immediate
acceptance of payments at conventions,
trade shows etc.
2)
The customer can possess the card all
the time which result in an increased
security.
3)
The cost of processing is reduced. This
is because they are generally given best
rates.
Like the advantages wireless processing
have their own demerits also. They are
1)
Cost of the equipment and 2) Coverage of
network.
Some of the systems used for processing
of wireless accounts are as mentioned
below.
1)
Paynet Systems: Their features include
1)
Approval Time of 24 hours
2)
posses “wholesale equipment prices”
3)
Minimum monthly fees is not there
4)
Annual fees and long-term deal is not
there
2)
Charge: Their features are as follows
1)
Transaction processing is immediate
2)
Encrypted, secure SSL
3)
Orders by credit cards can be processed
manually with ease; this is made
possible because of a web-based terminal
4)
All types of credit cards can be
accepted
3) Payment Max: The features of them are
as mentioned below
1) Processing is fast
2) Cards can be taken in a single
day
3) Hidden charges, batch fees and
statement fees are not there
4) Excellent customer service
5) Worldwide customers
6) Security is of state-of –the art
quality.
Contact
one of our helpful account
representatives to assist you in the
setup of
a
high risk merchant account or
offshore merchant account for a
high risk merchant. |