Merchant Stronghold is a leading technology provider powering payments
Posted: May 23, 2016
Merchant Stronghold, a leading merchant service provider for high and low risk business, announces its association with Optimus Merchant Solution, a merchant assisting company helping merchants in Los Angles. This partnership will help business to understand the hidden and unknown aspects of card payment acceptance and dramatically enhance the speed of merchant account approval process for accepting card payments. The vision of Merchant Stronghold behind this alliance is to provide the cost effective and time-bound merchant services for accepting and acquiring funds of card transactions.
Merchant Stronghold have observed that the acceptance of card payment is growing rapidly that is helping businesses to grow faster. At the same time they also found out that there are few hindrances that merchants or business owner face while planning to start accepting the payment through cards. The first concern that merchant deals with their categorization of business within high or low risk industry. As there are many banks that don’t provide services to High risk business like Airlines, Travelling Ticket Broker, Adult Merchants, e-Cigarettes, Pharmacies, Lifestyle Supplements, Dating and more directly. Merchant Stronghold provides the required support to such type business for establishing the merchant account and helps them to understand the complexities they might face.
Merchant Stronghold at the same time provides the same level of support to the low risk business so that can grow their business with an effective manner. There are some of the complexities that irrespective of the nature of business, merchant may not be able to overcome, list of problem that the merchant face includes they don’t know the basic things required for approval of account, they don’t know how to use or to whom to approach for getting access of technical things that are required to be fulfilled by the merchant before filing for the merchant account. How the transactions get processed and merchant acquires their funds from the bank. The most shocking part of accepting payments online is to be alert for checking the validity of transactions, that merchants don’t have the required knowledge as to how the check them regularly.
Merchant Stronghold with their experience as merchants and merchant service provider, have partnered with a lot of service providers with a vision to not just help merchants to assist them for a bank account to get the access of virtual terminal for acceptance of card payment. But, also help merchant understand to carry out the maximum out of their merchant account, without losing their money to the frauds or any hidden costs.
While associating with Merchant Stronghold, a merchant will add a team that promises to work closely right from getting understanding the needs of fulfilling the prerequisites and becoming the PCI DSS Compliant to acquire the virtual terminal for authorization of card transactions. Merchant Stronghold also sends regular updates about the transactions and checking the validity of the transactions. Merchant Stronghold help merchant to acquire the funding of the transaction as soon as it gets processed. Notifying merchants about the invalid transactions is one of the services that Merchant Stronghold provides to business so that they can improve their working.
One of the most crucial things about acceptance of card payment is transactional disputes; that are also known as chargeback. Chargeback can occur due to either of two basic reasons: Merchant’s Fault or Customer’s fault. To handle these faults and avoid losing a profitable amount to such faults, Merchant Stronghold with their knowledge of rules about card related disputes as specified by VISA, MasterCard, Discover and American Express that is card brands, will help merchants to fight chargeback effectively and correctly.
So, if you are thinking to start accepting the credit card payments and have questions, Contact us today!
Merchant services is the name given worldwide to a broad category of financial services intended for use by businesses