Tag Archives: online credit card processing solutions

If Your Online Transaction Fails or Decline, Don’t worry, Radiant Pay is in control

Can you get the money back if the online transaction fails somehow, and your amount is deducted?

Where can you go to claim that?

At many big showrooms, and megastores we used to see, something is written alongside some glass decor or any brittle object, “nice to see, good to hold, and if broken, considered Sold” because no business can bear loss. As simple as that.

But have you ever thought of the uneasy and restless condition of a customer, who feels helpless in no man’s land, after discovering that the amount from his or her debit or credit card is deducted during the transaction, without getting anything?

Or in other cases, the payment transaction gets declined when one needs that service or product drastically. 

The above mentioned two situations are worst to be in, for any client after looking to get that product.

 So what are the solutions?

In recent times, RBI in India came up with some customer-friendly advisory for all Banks operating in India. In the case of a failed transaction, the Banks will have to give fine to the clients. These guidelines are of course very customer-friendly. 

Because one can understand the dilemma of the customer, as to what to do? Where to approach and what should be the process that they should go through, all these incidents are annoying to be an inn, as when and how to get the money back into their account after that. 

RBI issued the guideline in a T+5 format, or the fund is deposited in the account back in 5 days otherwise Rs 100 should be the fine on the related Bank every day in the case of ATM failed transaction, and if UPI it is T+1, that is only one day, the fine should be given to the client at Rs 100 daily while online payment of PayPal, Google Pay, or any other. That sounds like something reliving.

What Is Radiant Pay’s role for smooth Transaction Online?

Radiant Pay is a leading Payment solutions provider in many countries like the UK, and many European countries, where the major transactions in many online businesses are taking place at every moment today. Radiant Pay is a London based online payment agency which is helping to give seamless and flawless payment solution to some of the leading offshore ecommerce companies.

Radiant pay is a trustworthy establishment and a step ahead of all its competitors, it is a fourth runner in acquiring the latest digital software or payment gateways to outperform many other solution providers.

Radiant Pay is involved in boosting your Ecommerce business day and night, rendering many exclusive and sharply shaped payment packages to multiply your type of business online.

We are more active at any juncture when the need arises, to clear a transaction if some issue related to its volatile and high-risk nature arrives. Our team of troubleshooters and qualified experts finds an instant solution and makes the payment possible into your merchant account, to reduce the chances of declined transactions, and loss in the precious business opportunity.

We, at Radiant Pay, are expertly facilitating our clients with high-value payment acceptance with our networks and known understanding at many offshore issuer Banks and establishments, to get the transaction cleared at any cost for a business deal.

Radiant Pay is a solution provider in your online business, as the online users are using many methods to pay you via Credit Cards, Debit cards, Online direct debit, payment via PayPal, Google Pay, or any type of online payment which you can think of.

The process ACH & Check Processing, High-Risk Processing, and providing the Merchant Accounts in many offshore banks are done with great ease and mastery at our, only the Radian Pay.  

So if you and your ecommerce business are finding any sort of issue related to the online payment within your beloved business, come to Radiant Pay, and get everything fixed at one stop. Your Online business should be sitting on a goldmine, rather than wandering in unwanted hustles related to the online payment process.

Crucial Criteria to Categorize Credit Card Service Processor

Merchant Account SolutionsThere are over 200 million online customers in Europe alone, so the number of people using credit cards for the transaction is really high and as they are comfortable with the usage of the card the proportion is continuously increasing. As a result, merchant often appoints a processor to handle transactions of credit cards for merchant acquiring the bank.

As business depends on credit card processor to handle all the detail related to credit card it becomes very difficult to categorize processor but, some of the criteria which help to define the quality of credit card processing are:-

 Speed of transaction As customers love to pay from their cards and even a short delay can create a big problem so, it is always suggested to the provider in order to make the customer happy they should always increase the speed of transaction.

Security of transaction – Speed is one of the important criteria but not the only criteria along with speed customer wants the security of the transaction and provider should try their best to make a customer feel secure about the transactions.

Strong uptime record – Credit card outage makes a business untrustworthy and inconvenient. However, credit card processing outages are rare, but all complicated interdependent system is vulnerable to downtime.

Transparent rate structure – Though rate and fees vary with the category applicable to business but processor must make sure they have quoted and charged appropriately without tricking the customers as it is unethical.

Customer support – In today’s era of online payment customers are king of the market and in order to stay for longer period in the market, the processor must try to win the heart of customer by providing best after service to the customer because happy customer makes a business happy.

How to Expand the Online Payment Experience?

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Today many customers are using the credit card and mobile                     payment to find more experience on payment. Many business owners are optimizing online payment process to save lots of time. It gives more opportunity to the businesses to enhance the experience of payment. Rapidly most of the people are connected digital devices to pay off for goods. We offer excellent customer satisfaction service to find more benefits on this processing. We give valuable tips t to access your business in the global market and achieve success. Here we have described some tips to improve your online payment experience with the simple process.

Enhance security system:

You might acquire positive experience to increase security to process payment. Internet security is the important one to complete a transaction without issue from cyber criminals and hackers. Over the word, high range of people is using internet for various purposes. This security assists to safeguard your payment details from hackers. It makes you feel more secure on process payment on your mobile device. There is some security software avail to handle financial operations elegantly.

Decline payments:

You should avoid declining of payments. Credit card decline is largest issues to improve processing experience. There are many reasons to decline cards on your hands. If entry incorrect details of your credit cards, it makes breaks payment processing. You have to keep the contact information of the consumer on the purchased products. It also involves various payment methods that handled manually.

Consider more payment methods:

Most of the customer likes to found lots of payment options for purchasing any product. You have to offer more options to acquire high experience. It is a crucial part for a consumer to pick right payment choice to payoff products that they buy on your website. So, go through these points to improve online payment experience.

Allow Multi-currency Processing and Settlements for Risky Businesses

Accept International PaymentsThe online shopping sites are growing popular in the market. The international customers are purchasing the products online. So the multi-currency payment is the perfect solution that allows the foreign buyers to purchase the goods easily. It is the simple way to improve the sales from the international customer. We offer different payment process solution to risk merchants. It helps to improve the sales without more effort. You can accept all country currency and improve the orders from the foreign shoppers by adding the multi-currency payment to the checkout page.

Get quick approval for risky business account

Are you looking for the best place for applying the risky business account? Then it is the right place. We have a lot of the experience in the field so we provide the first-class services to our customers. You can get the Multi-currency payment for your business that keeps your business safe. It helps to improve the payment process for your business. We provide 24/7 hours customer service for long-term satisfaction. With the help of the multi-currency account, the business owner can display the product price in currency there the customer is located. We provide the affordable multi-currency processing and settlements to our clients.

Benefits of Multi-currency payment

The Multi-currency payment is the great feature of the online store gateway. It accepts the payment process and receives the settlement in the currencies choice. You can gain more benefit by using the Multi-currency payment such as improve sales, reduce expenses of processing, great cloud reporting, automatically load balance and others. The multi-currency account helps to load the balance automatically. The Multi-currency Processing with the international retailer account reduces the processing expended and foreign currency exchange risk. It provides the best online shopping experience to the international customers.

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Are You Ignoring Your Payment Processing Fees?

card processing fees radiantpayAny merchant or online seller is well aware of the payment processing cost that he has to bear in order to accept credit card payments from customers and buyers. Typically any credit card processing fee snatches away almost 2% of the total sales value of the merchant. This fee often differs from one credit card Company to another. For a merchant who is selling products with limited profit margins, giving away 2% of the sales value can prove to be costly. While there are a lot of ways to tackle this menace of payment processing fees, a lot of merchants are still oblivious to the payment processing amount of money that they end up shelling out to the credit card companies.

 

If you’re one such merchant who’s successfully running an online store, or even just running a regular store that accepts credit cards for payments, you need to understand and be aware of the number of funds you’re giving away annually towards payment processing fees. Once you realize and are made aware of the amount of your hard earned money that is being given away to credit card companies, you will probably want to do everything in your power to reduce the payment processing costs that you’re paying.

 

One thing that is recommended to every merchant who accepts debit and credit cards as payment is that he should keep a proper record of all the processing costs that he ends up paying. Don’t just go about paying payment process costs blindly without getting educated on the matter. There are countless ways that one can actually tackle and reduce the payment process costs that they are paying. Find credit card companies that charge lower payment processing fees. Always keep in mind that the profit you make from your sales is your hard earned money and you should do everything you possibly can in saving a large chunk of it.

 

Specialized Service for Card Processing Services

Online Shopping. Couple Using Credit Card to Internet ShopWhen you signed up for card processing service for your company, you might have thought the only benefit was being able to process card payments. Actually, there are a lot more advantages than that.

There’s no doubt that card processing is vital for modern business. Customers do want to be able to charge their purchases.

What are the advantages of card processing?
Almost all consumers nowadays prefer to pay with a card for convenience. Whether your customer selects to purchase from the internet or personally visits your store location, providing them with money or card payment options will surely give you the edge over your competitors. Just imagine how much sales you may lose if you only accept cash payment.

If you are a wholesale supplier, accepting card payment from business-to-business clients is also advantageous especially as more and smaller enterprise entrepreneurs nowadays use business credit to make corporate credit history.

Why Should You Hire a Card Processing Service?
Card Processing services in UK
offers merchants a bunch of value advantages for their merchant accounts. Choosing a well-known and experienced card processing service provider can be very beneficial to your corporation. The biggest advantage of hiring card processing company to manage payments is the freedom it allows you to focus completely on expanding your company.

You need to explore the different services offered by card processing firms. Find one that’s right for your business today.

How Wise to use Selfie for Making Payments!

Selfie Merchant Acoount ProcessingThe word Pay by selfie is hitting the commercial global markets. The FIDO Alliance and card issuer consortium EMVCo have decided to bring into line their efforts to produce a new mobile payment specification. Selfie pay is totally new and innovative method for customers and merchants to pay and accept payments by verifying the identity when making transaction online with no spamming and fraud.

This allows card holders to verify the identity by using biometrics through selfie scan and finger prints – at the end the user require taking selfie. The only aim to develop a way to use secure nature of password. The update will introduced in certain countries the UK, Germany, Spain, Belgium and Sweden, following a series of successful trials in the US, Netherlands and Canada.

Finextra reports that the trial in the Netherlands proved very popular with 750 ABN Amro secure credit card users taking part. Over three-quarters of those involved stated that they would continue using a fingerprint scan or a selfie to purchase items. While nine out of 10 said they would replace their password with this new technology.
According to Mastercard nine of out ten people it tested in its Dutch pilot said they would like to replace their password with biometric identification definitively, while 75% of users said they are convinced that biometric payments will decrease fraud.