Merchant Credit Card Processing Services 101: What To Expect
Not all merchant credit card processing services are created equal. Many services overcharge merchants, and as any small business owner will tell you, little fees quickly add up. It’s important to have the facts when considering which merchant credit card processing service is right for you and your business.
Is Your Transaction Secure?
For customers and merchants alike, this is a primary concern. A digital transaction is vulnerable to various forms of unlawful manipulation, and a merchant who cannot ensure the security customers’ financial information will be greatly hindered as him or her seek to build trust with clients, and expand their business. And, in the digital age, there are more and more ways for criminals to obtain sensitive information from you and your customers.
Allied Wallet has already processed over 1 billion dollars globally in its relatively short lifespan. Our security is top-notch, and our team of processing security experts are continually working to advance our security measures, prevent fraud, and safeguard personal information. We have built a foundation on safe, secure, simple transaction processing that their users and merchants know and trust.
Like any merchant credit card processing services, we interact with customers’ and merchants’ banks to facilitate fast, simple transactions. The convenience these services offer is undeniable, but let’s take a closer look at this transaction process, and see how we compare to our competitors.
When using a merchant credit card processing service, multiple parties collect fees on any given transaction: the acquiring and issuing banks, and the processing service provider all take a fee. But did you know that a bank will demand a retailer recoup any losses the bank might suffer if a customer returns or otherwise nullifies a transaction? This is called a “chargeback,” and it’s one of the many little snags that we work to spare our users from.
We employ dedicated chargeback prevention methods for our users, and unlike many other merchant credit card processing services, opening an account with us is free. With fewer unexpected fees, 24/7 customer service, and years of experience helping merchants grow their business, we are a smart, safe choice for any business.
Allied Wallet Makes Your Money Work
Our range of services includes everything from credit card transactions, ACH payment services, and payment gateways for businesses. With our global reach, we make currency exchange effortless. If you’re a merchant seeking to streamline the financial processes of your growing business, Allied Wallet might be just the resource you need. Contact us today to talk to an expert, and learn more about what the leading merchant credit card processing service can do for you.