Blog

Latest Credit Card Processing Solution for Beauty Products business

September 7, 2016/ Merchant Stronghold / Beauty Products, Business, Cosmetics & Personal Care, E-commerce, Health & Beauty / 3 comments

A Quality credit card processing solution that can lift up your Beauty Products business. We can integrate multiple payment options so that your business is always expanding.

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 advanced services that you can expect:

• Mobile processing for the small-scale business
• Terminals for beauty products and retail service business
• Support for payment gateways connected with shopping carts
• Solutions for MOTO card transactions
• Plus credit card payment plans
• 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 the 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 the credit card is misused, there will be financial losses to your Beauty Products business. There will be even more mess if the 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. Some businesses come in the scale of high risk businesses such as male enhancement products business, Nutraceuticals business, Cruise line business, Trial Continuity Subscription Business etc. All of these can be processed with the help of a quality online platform through Merchant Stronghold.

payment processing architecture

The 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. The 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 an aggregator. So the direct connection with credit card network is not necessary. The responsibilities are divided equally among many different business partners in order to provide. The better architecture to the merchants. Merchant Stronghold understands these concepts because we have been working in this business for a long time.

Credit Card Processors

From the perspective of credit card processors, some industries are simply riskier than others. The factors that go into determining that risk can vary from incessant chargebacks to bad credit. For Example

• Tech Support.
• Airline Tickets and Travel.
• Credit Repair.
• Online and Tribal Lending.
• Sports Betting and Gaming.
• Collection Agencies and Many More.

Creative Payment Channels

Traditionally, high risk payment solutions have been limited in scope due to the conservative nature of banks. Today, however, there are more ways than ever to help legitimate merchants handle their payment needs. This is largely due to the work of savvy merchant service providers.

Merchant Stronhold has ACH processors, credit card providers, and even blockchain solutions available for entrepreneurs looking to open high risk merchant accounts.

Pricing Tailored to Your Business

Finding a merchant service provider willing to approve your high risk business and provide reasonable rates can be challenging. Many credit card processors try to take advantage of the low rate of approval faced by high risk merchants and force them to pay crazy transaction fees.

Reduce Chargebacks & Protect Profits

As a high risk merchant, chargebacks are likely the greatest threat to your profit margin. If left unchecked, they can single-handedly take down the business you worked so hard to build.

Using chargeback management services can help shield your revenue from excessive chargebacks and credit card fraud, ensuring the longevity of your business.

Beauty businesses are booming yet smaller businesses have faced challenges.
Beauty product is kind of business which may be of small scale or large scale. Large scale business can run firmly by their own but the problem comes up for small scale businesses.They need to access to proper services in order to efficiently to make their name in the market. For that they should provide some basic facilities to their customer which can be grabbed by accepting credit card payments. One should think of credit card providers at very first level processing these facilities.

How Beauty Products Businesses Would Be Benefited By Credit Card Payments?

• Credit cards will assist in processing payments easily and almost instantly, anywhere and anytime.
• If you own or operate a spa or salon, you may have some demanding work like giving massage, or standing and leaning to cut hair, etc. If your customer gives payment through a check in return of your services then you will have to wait there until your check is cleared which might take too long but if you replace your system by digital payments then your task can be finish within a few seconds.

Tags Credit Card ProcessingPayment GatewayPayment ProcessingPayment ProcessorsVirtual terminal for processing