Merchant Stronghold is Head quartered in Clearwater, Florida. It provides credit card processing services for businesses of all sizes.
Merchant Stronghold MANAGING RECURRING TRANSACTIONS – MERCHANT STRONGHOLD BEST PRACTICE GUIDE
Voted the #1 High Risk Merchant Services Provider in 2015, and 2016. Merchant Stronghold specializes in high risk and offshore merchant accounts.
Recurring Transactions Recurring Transactions or also said RTs payment segments are growing significantly. Young Entrepreneurs, New Businesses and even Large Scale businesses are moving to this business model and numbers of cardholders are being encouraged to use such businesses. It’s simple, now businesses can have ability to better forecast income. Also it offers simplicity to Cardholders using such businesses.What are Recurring Transactions?
Our all-in-one merchant accounts include everything that a high risk or offshore merchant’s needs to process successfully.
Understanding the RT Process and Risk Planning Cardholders to choose their preferred billing date, it will help ensure that funds are available. Inform the customer of the “Doing Business As” or “Descriptor “name, the name that will publish on the Cardholder’s bank statement. Make sure it’s easily recognizable when billed each incident. Estimated Delivery Date of goods or services be advised. Provide the customer with confirmation that an RT agreement has been entered into . Train your sales and customer service staff on the proper procedures for setting up and submitting RTs, as they are particularly customer service sensitive. Merchant Details must be clearly displayed at all time.
Transaction Processing MONITOR THE DECLINE REASONS AND DATES INCLUDE A CVV VALUE IN THE FIRST AUTHORIZATION OF A NEW RECURRING TRANSACTION AND WHERE AVAILABLE CHECK THE CUSTOMER’S BILLING ADDRESS BY INCLUDING ADDRESS VERIFICATION DATA (AVS). RECURRING ECOMMERCE TRANSACTIONS ARE HIGHLY RECOMMEND THAT MERCHANTS UTILIZE VERIFIED BY VISA FOR THE INITIAL AUTHENTICATION OF A NEW CUSTOMER. MAKE SURE TO INCLUDE AND MONITOR EXPIRY DATES OF THE TRANSACTIONS.
Contact us US HQ 10300 49th Street N Suite 427 Clearwater, Florida 33762 UK HQ 45 Rosehaugh Road Inverness Inverness-Shire IV3 8SW Contact - +1 (888) 622 - 6875 Fax - +1 (844) 465 - 4723 Email ID - info@merchantstronghold.com https://www.merchantstronghold.com/
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