An advance credit card processing solution that comes with high level of security is what every Beauty Products business needs. Efficiency is important when you are running a business, especially when the business is on small scale and you have to struggle a lot to get to the top. The goal of merchant stronghold is to provide you a flexible payment solution with equipment. Electronic payment solution can fulfill most of your needs; you can customize best rate structure that fits your business. Some of the advance services that you can expect:
- Mobile processing for the small scale business
- Support for payment gateways connected with shopping carts
- Plus credit card payment plans
- Terminals for beauty products and retail service business
- Solutions for MOTO card transactions
- Virtual terminal for processing
Modern payment processing
Modern payment processing is integrated merchant account and software. This system is called software as a service (SAAS). It offers a single electronic portal that helps merchants to scan checks and process various credit card payments. This is done without merchant storing the data on the site. A latest cloud based infrastructure is integrated, means location of customer doesn’t matter. It also reduces cost and makes whole process time efficient.
Transaction Processing Quality
Payment systems are highly susceptible to abuse and fraud. If credit card is misused, there will be financial losses to your Beauty Products business. There will be even more mess if merchant will solve the problem on its own. Some beauty parlors may have a monthly subscription, SAAS can make money collection easier for merchants. The system also secures payment information that is passed to the merchant.
Payment processing architecture
Network architecture is an online payment system that is like a chain of service providers having unique value payment transactions. There are four most important entities in an architecture which are merchant, point of sale (POS), aggregator, and credit card bank. Payment gateway provider is a company that gives support to merchants and receives payments on their behalf. Point of sale provider presents aggregator to the merchant. There are small POS transactions than aggregator, so direct connection with credit card network is not necessary. The responsibilities are divided equally among many different business partners in order to provide better architecture to the merchants. Merchant Stronghold understands these concepts because we have been working in this business from a long time.
No comments:
Post a Comment