Overview:
Our Merchant Account
partner enables debit card processing to all
online businesses including all gaming and adult entertainment websites.
Merchant Account features
Third Party (Euro, USD, GBP) Merchant Account --eCommerce,
Gaming, Pharmacy, Adult, MOTO, Travel:
*Processing MasterCard and Visa, American express, Diners, Electron,
Delta, Maestro.
*Uncoded iGaming Transactions
*No Capped volume
*No EU incorporation needed
*Real time processing.
*Virtual Terminal.
*Recurring billing.
*Pre-Auth
* + 82 % Approval Rate
*Advanced real time backend reporting and admin tools
*24hr Billing and Tech support
-Fraud protection:
-3d secure, MasterCard Secure Code / Verified by Visa ( optional)
-High Risk Country Block
-AVS and CVV2 verification
-Internet protocol (ip)address
-E-Mail address
-Individuals Name,area /Issuing banks area.
-email confirmation.
Overview
Merchant accounts.
The hardest part of setting up a merchant account is the acquiring
bank, it is difficult for a small business owner to find a bank
that will handle their credit card transactions. The credit cards
companies penalize for chargeback ratios of over 2%. A chargeback
happens when a cardholder disputes a charge and simply charges back,
as eCommerce is a "no cardholder present transaction"
the credit card companies have managed to assign this responsibility
to the merchant first. If the merchant cannot handle the penalties
and fees, then the bank is held responsible. So naturally the acquiring
banks only want to handle merchants who have a good deal of exciting
assets, and spotless credit history. Often a deposit is required,
with large set up fees. A trading volume in excess of $50 000.00
would also be required by an acquirer, as usually their minimum
processing fees are $2000 p/month.
Our Third party processing solution therefore exists for this precise
reason, to relieve the headaches of merchant account application,
for the smaller merchant, with a quicker turnaround for your money.
The limitations as in Credit Card data not being captured by yourself,
or in some cases, not having your own "bill descriptor",
are the only real differences. You may also be concerned about the
reliability of the third party processor, our merchant provider
have been in business for almost 5 years and have a successful track
record and process for over 500 merchants, worldwide. We do the
due diligence and Risk Management compliance checks on the merchants
in-house, and we are particular about which businesses we accept.
We are a growing company, and service all areas of eCommerce business
worldwide. Our strengths lie in our acquiring platforms.
The banks:
Our Partner conducts it's own due diligence on all of its banking
partners with locations in Singapore, India, Germany, Philippines,
Israel, Panama, Latvia, Lebanon, Spain and the UK.
We are able to facilitate offshore merchant accounts for merchants
worldwide - both existing merchants looking for alternative processing
options as well as startup merchants with no previous processing
history.
We offer both online & offline (SSL) transaction processing
with Virtual Terminal.
Online Fraud Protection is made available through Cybersource as
well as Verified by Visa & MasterCard SecureCode (3d secure).
Typical monthly charges:
One time Setup fee: Ecommerce: $199 and up - High Risk: $ 499 and
up
Discount rates: see below
Transaction fees: $.60 to $.75
Chargeback fee: below .7% - $50.00 / above .7% - $70.00
Refund fee: $10.00
Maintenance fee: $49 to $99 (depending on what type of account)
Rolling Reserve: 5% to 10% (held for 180 days)
Statement Fee: $50.00
Settlement Period: weekly payouts with 1 to 3 weeks in arrears
ECommerce:
• Rates typically range from 3% to 6% - depending on volume
and history
• If you are doing over 100k/month, we can place you going
through our payment gateway offering MC,Visa,& ACH. Also we
can offer insurance which is very beneficial to the merchant.
Pharmacy:
• Rates typically range from 5% to 10% - depending on
volume and history
• If you are doing over 100k/month, we can place you going
through our payment gateway offering MC,Visa,& ACH. Also we
can offer insurance which is very beneficial to the merchant.
Gaming:
• Rates typically range from 4% to 8% depending on volume
and history
• We have non-coded solutions that we can place merchants
at going through our gateway also offering MC, Visa & ACH.
Replica:
• Rates typically range from 6% to 8% depending on volume
and history
• We have 2 different banks in Latvia (1 for merchant accounts,
1 for 3rd party) both in USD & EURO, Visa & MC
Adult:
• Rates typically range from 5% to 10% depending on volume
and history
Other:
• Free insurance to merchants that ship product to their
customers
• ACH processing
Master
merchant status , MID = MERCHANT ID NUMBER (MERCHANT
ACCOUNT) available for over $50.000 / month volume
or a THIRD Party account
for under $50.000 / month volume
You can start with the
third party merchant, and If your monthly volume reaches $50.000
you can apply for a MID = MERCHANT ID NUMBER.
The basic difference is that with MID, you will have your own bill
descriptor, and your company name will show on customer's statement.
Normally payout is weekly, 3 weeks in arrears, and third party is
4 weeks in arrears.
With Third party merchant account, our provider company name will
show on customer's statement.
Third party merchant
account setup fee is $500 but depends, on case by case...
The minimum monthly volume for merchants processing with us is $10,000
per month - this volume should be achieved within 60 days of opening
the account.
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