Ecommerce Merchant Account – The Facts To Keep In Mind!

1. Ecommerce Merchant Account – The Facts To Keep In Mind! In this era of digital marketing and online payments, ecommerce websites plays a huge role as the bridge between customers and businessmen. Now if you have one such platform then the one thing that you definitely need is an ecommerce merchant account that will help you to process the customer’s payments on the website and collect the money on your behalf to make the payment in your personal bank account. This process is actually invisible to customers however involves a bit of work on your part so that you can integrate the service into your own ecommerce website. But how can you choose a perfect merchant account that will serve your online venture in the best way possible. This is exactly where this post will come to your aid. Read on as I on behalf of IpayDNAwill be telling you the factors you need to keep in mind so that you can avoid some of the hassles you might face while choosing one such service provider. So, let’s get started. Ecommerce Merchant Account – The Facts You Need To Keep In Mind! The first thing you need to understand is that such merchant accounts are available in various banks and other regulated financial institutions. However, the problem in that case is that it can be quite troublesome to complete their account opening requirements and take some time to process your application. Another trade off is that you will find that the banks and other regulated financial institutions will have a cheaper fee structure simply because they are more stringent in

2. their security measures. Hence, this becomes a personal decision that you have to make while choosing your ecommerce merchant account provider. Other Issues To Look Out For About Merchant Account Providers: You need to think about the range of payment options and understand whether they include debit cards, charge cards and if required, online checks. This is definitely one aspect you can’t overlook. You also need to go through fee structure - look for hidden charges such as one off fees and abnormal transaction fees and be very clear about the ongoing monthly and transaction charges. Feel free to investigate the set up cost of the special facilities required like swipe machines and programming, as to who pays and how much. Lastly, make sure to check if the ecommerce merchant account provider is country specific or not. For instance a lot of merchants will only deal with applicants resident in the USA. Why You Need iPayDNA? If you want to mind your way out of all these confusion then we at iPayDNA can come to your aid. Our services support most online businesses - as long as the business model you have chosen complies with the rules and regulations stipulated by the Card Associations and/or to our panel of banking partners. Are you still not sure if your business is accepted by iPayDNA or it’s not listed on our website? Then this below pointers can help you get a better understanding.

3. iPayDNA supports a number of International Card Brands and Non-Card Payment Channels. Having more payment channels means more sales for your products and services. Also, we can support Multiple Currencies, Multi Lingual, and Recurring Billing for an array of industries. We also support Micropayment e-Wallet processing for these industries. In a Nutshell: So what else you would like to know about ecommerce merchant account? Feel free to mention your queries in the comments section and I will be addressing them in the upcoming posts. Also, if you want to avail a comprehensive payment solution service then just visit us at ipaydna.biz and explore our services that will surely aid to your online venture. If you found this post helpful then feel free to share this with your social peers and keep following this space for more related updates.