A consumer-end offline or online business setup will need merchant account services. Offline setups will include card terminals for online transactions along with a merchant account for executing those transactions. On the other hands, online setups are all about a virtual terminal for these transactions. The good news is there are various many payment options which are designed for specific niches. There are still many e-commerce businesses that do not realize the power of international payment processing. We at PayCly provide you with the High-Risk Merchant Account Instant Approval that will allow you to have higher business growth.
Before we come to know with the various other facts:
• 1/3 of the customers are reluctant to shop online because of security concerns.
• 50% of small business fall victim to fraud at least once in their life cycle.
• Businesses lose 5% of the revenue under fraud circumstances
Hence a right payment gateway is beneficial in many ways you never would have expected. But with so many options available in the market, it can be quite daunting to choose the right payment processing solution for your business. A right payment processing can help you out in many different ways. So, how it can affect your sales?
• It can support all possible sales channel. The right picked up services will allow you with all the options available so that your business can grow comfortably. Some of the options also include subscriptions, online and mobile checkout, market places, and even virtual terminals.
• Selling in a global market is different from domestic selling. Cart abandonment rate is very high with international customers. Sometimes people are not comfortable with making an online payment, currency, language and due to various other reasons. Hence they fail in making smooth and flexible payment transactions.
We at PayCly provide you with the High-Risk Merchant Account Instant Approval that will allow you to stabilize your business transactions.
Read our another blog post : ACH Payment Processing
High Risk Merchant Account Instant Approval 