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ONLINE FOREX MERCHANT ACCOUNT AND ITS SERVICES

The merchant account service is available online through internet as a main channel. the growth and development in the economy as well as the modern technology gave birth to the online merchant account. A merchant can access the existing bank account even from home using the internet banking services. This facility and service has been very useful as well as benefited the customers since its introduction. The online merchant account was established about six to seven years ago. The online merchant account is the most reliable, convenient and fastest system of making and receiving payments. There is a fast charge payment gateway which has made the online merchant account services more effective and successful. For the merchant account online service, a customer or merchant has to log into the bank website and enter the user-id and password. An existing merchant account holder should also check and apply for an online merchant services associated with their bank account.

Many factors and features build the merchant accounts with the internet banking service. Free online card terminal is provided by the issuing bank or the merchant account provider for accepting online payments. A separate card processing terminal need not be purchased for the online merchant account holders. An online merchant can make various transactions with the customers using the online services eliminating the card terminal systems in the modern world. It is also easy to use the online merchant account services because there is no hassle of installing any software in the computer systems. The merchant has access to his account using the user-id and the password that is provided by the bank.

Online bank statements about all the transaction can be generated electronically and daily batch processing of the data is done automatically. Free shopping carts are available at the merchant account website to make purchases as well as calculations easy for the final customers. A customer can choose from various merchant account providers that are available on the internet and also their rate of offer. Other documents like address verification and credit card verification are required while using the online merchant account services. This service prevents the online merchant account against any frauds and the distorted use of the credit cards. After the verification, the transactions of merchandise dealings made possible. Merchants can accept payments from any type of credit card using the secure online payment gateway services. Facilities like processing of multiple credit cards are also available which makes the merchant offer multiple credit card processors to the online customers. A limit of attempts of using the same credit card can be pre set so as to stop repetitive use of the same card by the customer. A person may try to make a foul play while making transactions through the online merchant account services. The service provider automatically blocks such users from making more fraudulent try.

The system is well planned and designed to prevent any transaction being distorted. A high level of secrecy is maintained between the merchant and the customer regarding the transactions and dealings. A team of qualified experts help the merchants as well as the customers to solve any kind of problem that arises from the online merchant account services. 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.