Internet Merchant Account Services

Merchant accounts are offered by most providers as an additional service to a full suite of financial services. Without the right expertise and special attention, merchants end up paying higher fees, are potentially at an increased security risk, are unaware of industry compliance requirements and miss out on increased efficiency and payment enhancements.

Merchant Account Payment Types

• Visa, MasterCard, American Express, Discover, Diners Club, Carte Blanche & JCB Card
• Verified by Visa and MasterCard SecureCode
• Consumer (level I), Corporate (Level II) & Procurement cards (Level III)
• Payment tools: AVS (Address Verification Service), CVV2, CVC2 and CID (3 and 4 digit codes)

Functionality

• Accept credit card payments via website, phone, fax, in store or recurring billing
• Process via API Integration, Batch Upload or our web-based interface
• Create AVS & CVV acceptance rules ideal for ecommerce
• Use our robust risk and fraud management tools

Extra Value Added Services

• 20-30% Reduction in fees: Without regular monitoring and incorporation of best practices, businesses will pay 20 – 30% more in merchant account fees. Increased fees are due to ‘downgrades’ that occur when processing requirements are not met. The majority of providers do not have the in-house expertise or infrastructure to help merchants optimize their processing to lower fees.

Our in-house payments experts take a hands-on approach to help optimize merchant payment processing including qualifying for the lowest possible rates.

• Industry Compliance & Increased Security: PCI DSS Compliance is an industry-mandated requirement for all merchants that accept credit cards. Failure to meet the requirements can result in a fine of up to $500,000 and costly remediation if a breach occurs while not compliant. The extent of involvement by most providers is a notification letter explaining the risks, fines and advising the merchant that they should have already become compliant.

We work with our customers to help them achieve compliance and increase security. For example, our solutions entirely prevent credit card data from ever entering their environment. We also provide the appropriate forms, already filled out by a qualified industry professional, as if our solutions were implemented – relieving them of additional work and complexity.

• Efficiency, Automation & Other Improvements: There are always ways to improve how merchants receive and collect payment from customers. Whether it is recurring billing, alternative payment methods such as echeck, data management, user management or managing multiple divisions or companies – we solve problems and provide new opportunities.