An Overview – Software Selling Merchant Account
E-commerce is increasing widely with a lot of new business. In that case, we as a payment service provider has to be very much optional and accessible, whether it is from Mobile or PC. Business is promoting as online software downloading where anyone can download the appropriate software for their gadgets.
Merchant used to provide software through the payment gateway, ePay Global has such an option for the low-risk industries so that merchants can get the payment for their small business too.
Software Download Merchant Accounts
We are offering onshore and offshore merchant accounts for Software Download website merchants. The guidelines decide whether a business is a high-risk or low-risk one. Now there are several reasons that could get your business to land in the high-risk zone and when that happens, your application gets rejected. The list of industries that are usually deemed high risk is long, and most online trades and businesses are on it. If you have been denied by credit card processors before, there’s a way out for you with ePay Global. However, there are specialized services such as Software Download that deal with high-risk businesses such as yours. We also provide services to high-risk businesses for merchant accounts and all the benefits that come with it.
Risk Analysis factor of the Software Download Industries
It’s true that the software downloads industry is on a high-risk demand and also in the high-risk category. Apps and software downloads can make you a billionaire. Despite all, the software downloads industry is not the most popular industry for credit card processing services.
Chargebacks are a major reason for this. In addition, the fact that there are literally thousands of app developers and millions of apps makes it difficult for banks to approve all applications. The risk is quite high in this industry.
Many software download businesses are unable to take off, and a big reason is that they either don’t have a merchant account or their choice is poor. Processing with a good merchant account can save you a lot of money in rates and fees, and you can avoid chargebacks as well.
Software downloads is a purely online business, and while you can try to sell many other products by going door to door, that approach is completely doubtful in the case of software downloads. This business requires solid online support and having a reliable and powerful merchant account for processing and secure payment transaction method. There are specialized software downloads for almost every business and trade these days.
Type of Merchant Account
Yes indeed, you need a merchant account for your software download business, but do all merchant accounts the same? Do they all offer the same services and features at the same price? Well, of course not. This is the tricky part, but putting in some efforts and comparing merchant account services to pick the best one for you can really pay off. Here’s what you need to look for if you’re searching for a merchant account for your software download business.
Make sure you get all the e-commerce features such as virtual shopping cart and other e-commerce software since all your business will be conducted online.
Recurring bills will help you for charging regular customers on a monthly basis and establish a constant flow of money for your business process.
Get the best possible rates and avoid application fees and setup because there are good services that don’t charge these fees.
Having mobile apps to monitor your merchant account will be an extra benefit.
Make sure your customers have multiple payment methods available and also most of the credit cards are supported.
Domestic and Offshore Options
Merchant accounts can be domestic or offshore. Frankly speaking, the domestic account is a better option, as it’s more secure and will usually cost you less. However, in some cases, an offshore account is the only option.
For all the software download businesses that are looking for a reliable and convenient merchant account at an affordable price, this service platform is worth checking out. Already we have dealt with software download companies, we are experienced that can help your business to grow and prosper.
In the end, it’s all about choosing the right service, so make sure you conduct some research and pick the service that’s best for you.
ePay Global deal with both Offshore and Onshore account. File get live within 48-72 hour only with lesser rate.