The Benefits of Having a Merchant Account

May 20, 2010
Author: by Nikki with WMS LLC 

We are a "I want it now, pay later society" 


The Benefits of Having a Merchant Account

There are more than several benefits of having a merchant account for your business. The biggest reason is that you want higher average sales per customer. The average person spends more when they are able to utilize credit. Typically 80% of your revenue will come from debit and credit card transactions. The average consumer does not shop with cash and will walk out and purchase nothing if you cannot accommodate the need. Same with internet shopping, if you have what they want but cannot accommodate that purchase they will go to another site that can. You’re talking huge revenue loss! In order to succeed in business you must remain competitive in the market. Most consumers do not feel that plastic is hard cash and for that reason they are at ease spending more money, just knowing they can pay it later. It’s a more relaxed way of shopping and they get what they want and right now. We are a "I want it now, pay later society" 

Get with the program - keep up with the market! 

Get a hold of Mad Rich at thehighriskprocessor.com he can get an approval within 24 hours... starting now

Together let’s get your business functioning and earning more money today. Rich can process any business type low to high risk, domestic or offshore and get your payment gateway and/or virtual terminal up and running in no time. He knows the in and outs and can direct your information to the right bank to get you approved, even with bad credit or if you have been turned down before.
Be ahead of the market and start earning substantially. Call Mad Rich today at
1-866-949-VISA (8472) or go directly to www.worldwidemerchantconnect.com

Let's Talk About Bad Credit When Applying For A Merchant Account

May 18, 2010 published by Nikki with WMS

Let’s Talk About Bad Credit When Applying For Your Merchant Account
Are you able to obtain a merchant account if you have bad credit? Well, let’s talk about it…
Bad credit is a definite barrier to overcome when applying for a merchant account. But, there are ways around this obstacle to make it possible… calling someone with experience and know-how like Mad Rich at thehighriskprocessor.com can make all the difference even if you have been turned down.
A merchant account is an absolute necessity when being competitive in the market. I know when I buy anything these days it is via credit and debit card. Due to high risk of identity theft consumers have opted not to shop with cash or check any longer, which means that if you do not have a payment gateway or virtual terminal to process credit cards and debit cards you are losing substantial revenues accounting for over 80% of return.
Approval within 24 hours… is starting now!
Go to www.worldwidemerchantconnect.com
Have other banks turned you down? There are a few things that your merchant processor, High Risk Mad Rich can do for you with bad credit when your application has been denied. Other options may be having your close relative with good credit or business partner as a co-signer for your LLC, which may be considered in some cases or providing a reserve can lessen the risk.

Mad Rich has close to 40 banking relationships worldwide and understands what their qualification process is and will push your application through to get your business up and running!

Worldwide Merchant Services LLC has Launched a Merchant Account Program for High Risk Businesses

Worldwide Merchant Services LLC Has Launched Solutions For High Risk Merchant Businesses Worldwide

Mad Rich Kasey, the CEO of Worldwide Merchant Services announced that after months of intense research and years of building strong relationships with banks worldwide has launched a program for merchant solutions to businesses that are categorized as high risk(offshore or domestic). With this economy the way that it is we must begin to think differently. Unfortunately, in this country it has become extremely difficult to obtain a merchant account, much like a bank loan.

Mad Rich explained that with his business know-how and diligence in creating a streamlined process is now well positioned to accommodate these high risk merchant accounts so that businesses can get up and running and a payment gateway is available to them in the shortest amount of time possible. Time is money!

Online pharmacies, escort services, online dating sites, lottery or raffle dealings, adult businesses, telemarketing, all types of internet merchant accounts that do a high volume are considered to be at a higher risk for the banks and these company types struggle with getting approved time and time again.

Worldwide Merchant Services LLC is the global leader in the payment processing industry. The company specializes in providing results for internet merchant accounts, offshore merchant accounts, high risk credit card processing, gaming merchant accounts and international merchant accounts in which otherwise may have difficulty in obtaining approval for online credit card processing.

Mad Rich is very laid-back when he says you can even call him directly toll free anytime at 1-866-949-VISA (8472) or fill out his no-obligation application online at www.worldwidemerchantconnect.com you do not have to run around in circles anymore!

What Makes A Merchant Account High Risk

May14

Author Nikki with WMS

What makes a merchant account high risk?

This depends on your service provider although providers have formulated guidelines to categorize certain business types. Bank providers will be looking at several different types of things:

Chargebacks- Certain businesses types have a high ratio of chargebacks

Credit card fraud- Some businesses are more vulnerable to fraud

Legality- This always poses a high risk for business that may be considered ‘closely- related to being illegal’ or questionable

Marketing- Products or a service that may promise quick results that the consumer may be easily unsatisfied with puts this category in a higher risk

Target Market- International markets can be considered higher risk

Business Operation- Operation type will have an affect on the risk factor: telemarketing, multi-level marketing, third-party orders

Type of Merchant Account- Wireless or internet processing is always going to be high risk vs. a merchant account in which the card is presented (Card Present Merchant Accounts)

www.worldwidemerchantservicesconnect.com

10 Things To Know About Your Merchant Account

May 11, 2010 Author: World Wide Merchant Services LLC
Merchant Processing Information

Ten Things To Know About Your Merchant Account

Are you overwhelmed when you attempt to decipher your merchant processing financial statement? Here are ten things (I will give you 11 things) you absolutely need to know to begin to even understand what merchant processing is all about...
by World Wide Merchant Services LLC

1. There are thousands of merchant businesses out there that promise rates that are not possible to achieve
2. Think of a merchant processing as a tangible product that can fluctuate in price depending on what time/day you purchase it, some products can increase substantially due to demand (think of real property or the cost of fuel)
3. Each single purchase equals one swipe/one transaction
4. Every time your customer swipes their credit card at any given time that particular transaction may have a different rate depending on the card type and what tier it may fall under
5. The tier level each credit card falls under is under the control of the processor (the bank)
6. The bank puts each credit card into an individual tier, which can have so many variables
7. Additional charges that are not controlled by merchant providers are added fees that the credit card brands(Visa, MC, Discover, etc.) charge
8. International transactions can be the most costly to the consumer as well
9. The highest cost that you will pay is what is called the interchange rate set by the banks, which again merchant companies have no control over
10. Interchange rates plus World Wide Merchant Services pricing is often substantially lower that if your rates were tiered over the same volume
11. The underwriter (the broker, in this case your World Wide Merchant Services Agent) works on your behalf in trying to get you the best bank for your company type (low, medium to high risk) similar to a lending tree to find the best lender, the better rate... same concept

World Wide Merchant Services LLC is an honest company that has done their homework! We can not wait to service you! Call us anytime toll free at 1-866-949-VISA (8472)