MAY 18, 2020
VOL. 03
QP MAGAZINE
VOL. 01
QP MAGAZINE THE OFFICIAL NEWSLETTER OF QUADRAPAY
QUADRAPAY KEY SERVICES/PRODUCTS HIGH RISK MERCHANT ACCOUNT IN USA TECH SUPPORT PAYMENT GATEWAY IN USA TECH SUPPORT PAYMENT GATEWAY IN UK
Finding A Payment Gateway For Tech Support In USA And UK Can Be Tricky - Secret Revealed The technology development in the last few years has totally changed the way we communicate. With the increase in technology, the use of computers, laptop or IoT devices has increased drastically. Technology has
CHARGEBACK ALERTS
made a significant impact on human life. As technology
MERCHANT ACCOUNT
arisen. The tech industry saw massive potential in tech
FOR TECH SUPPORT USA OFFSHORE MERCHANT ACCOUNT IN USA
advances, the need for Technical Assistance has also support;
they
got
themself
onboard
with
providing
technical assistance to customers facing issues with their devices. In the fast-paced world, no one wants to go outside to get their PC or technology-driven hardware repaired. The tech service provider will remotely handle everything. But the merchants from the USA and UK face
HIGH RISK MERCHANT ACCOUNT IN UK ECHECK SERVICES
trouble
accepting
payments
from
their
customers
remotely. The tricky part comes when the tech support merchants
go
to
processors
to
opt
for
payment
processing solutions. The processors or acquiring banks consider the tech support company as a high risk. The reason is that there are many scammers found under the guise of tech support.
MAY 18, 2020
VOL. 03
Tech Support Scams Are Painful To Tech Support Merchants In The USA and UK Due to scam under the guise of tech support, it makes it hard for tech support merchants to get payment gateway or merchant accounts. When a merchant fills an application form for a highrisk payment gateway, the underwriting department is more likely to reject the application. When they get to know that the application is from the tech support industry, they start drawing images of tech support scams in their mind. It is due to scammers that it makes it painful to the genuine tech merchants. Other reasons that flag the industry as risk-oriented are that it involves card-not-present transactions. CNP transaction is risky because the cardholder is not present at the time of payment. Chargebacks are also very painful to merchants. Due to the large chargeback associated, the merchant service provider finds it difficult to onboard you.
How Do Tech Support Merchants In the USA And UK Can Prevent Their Chargebacks? Tech support merchants can reduce their chargebacks to make it easier for themselves to get a payment gateway for their tech support businesses in the UK and USA. Merchants can follow some steps to reduce chargeback to sales ratio and improve credit history. 1.
Clear
billing
descriptor
helps
a
lot
in
chargeback
mitigation. It is found that most of the chargebacks are due to the inappropriate billing descriptor. When customers don’t recognise your descriptor, there are chances that he will dispute a chargeback against you. The good practice is to use your business name as a descriptor.
MAY 18, 2020
VOL. 03
2. Email an invoice as soon as your customer purchased it using his card. It makes the customer aware of the purchase. 3. There are many merchant services like chargebacks alerts and notification that help to reduce chargebacks. In case you need further assistance on how to reduce chargeback like a pro and avoid scams, you can contact Quadrapay.
Suggested Readings https://quadrapay.com/high-risk-merchant-account-tech-support-usa/ https://quadrapay.com/high-risk-payment-gateway-tech-support-uk/