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Follow on Google News | Internet Service Merchant AccountBy: Accept by Phone Due to the success of credit card as a currency alternative, there is a need to ensure its security and prevention of fraud or theft. While the identity of the holder and physical presence of the card can be ensure in the malls during the payments, it remains unconfirmed in case of the online purchases and telephone orders. The result is that the companies engaged in online business are unable to get the merchant account because their business has been graded as a high risk merchant account. To keep pace with the modern trends in business, these companies are forced to open a high risk merchant account called Internet Services Merchant Account. Internet Services Merchant Account Internet offers vast opportunities for learning and business due to its speed and reliability. Realizing the potential, a number of companies have shifted their business to online marketing where they can promote and market their products and services to their clients directly without the involvement of the sales agent. This is not only economical, but also affords a real time interaction with the clients who provide their feedback directly to the management and the product standards can be improved. Since, the mode of payment for online business is mostly credit card, the merchant account is necessary to receive these payments. However, the risk of fraud and credit card theft, coupled with the likely dissatisfaction of customers and the following chargebacks filed have made internet services business a high risk business. The banks are hesitant to provide the merchant account to such high risk clients and as a result, the business has to open a high risk merchant account. Opening of Internet Services Merchant Account A large number of companies are using internet for advertising and marketing their services and products. In order to accept the credit card payments from their clients, they have to open the merchant account but the banks usually turn down their application. Even the companies that are offering internet services merchant accounts are sometimes reluctant to open the accounts due to poor credit history or host of other issues. At such a time, instead of getting into the lengthy process of pursuing your application for approval, I would recommend calling at toll free number 1-877-529-1390 (tel:18775291390). By doing so, you will give the responsibility of hiring the best merchant to highly experienced company that has near perfect rate of getting the applications processed. Another benefit of hiring the services of http://www.high- Benefits of Internet Services Merchant Account A few of the major business benefits are:- Acceptance of credit card payments from a number of credit card companies including MasterCard and Visa. The ability to perform transactions in all of international currencies. 24/7 help line and the non-stop business even on the weekends. A constant update about your account status, bank statements and an opportunity to improve your financial history. Internet service merchant accounts are extremely beneficial and a little extra money spent on opening these goes a long way in promoting and expanding the internet business of the company. End
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