Tag Archives: Online Payment Processing Services

High-Risk Business No Problem, for Radiant Pay

Do you want to do online business?

But what if you find your eCommerce business on the High-Risk side?

What is high-risk and in who’s eyes?

The online business market is on a real boost. Every small and large business are running here and there to start an online business. In the process when they find their business is a high–risk, considered in the online arena. That sends a real jolt in the nerve.

 But what is the difference if it is high risk or low?

It makes a lot of difference, as high-risk business payment acceptance by offshore banks, and payment gateways treat them with more strict chargebacks and more fee per transaction.

 We have to classify our online business as high-risk or low-risk in terms of banking and merchant services. By knowing that you can pinpoint your type of need, and search for a merchant account that can serve your type of business appropriately.

What are the types of High-risk online businesses and their distinctions to be so?

The factors responsible to label your online business as High-risk not only depend on what you sell online. It also includes the fraud potential, the chargeback possibility, huge amount transection, and history of account losses.

If you are Online with running Tobacco, casino, the adult industry and goods, traveling agency, online gaming, gambling, alcohol and liquor, Glassware, Guns and firearms, Narcotic drugs, debt collection, and many more are listed as the high-Risk businesses by many banks and oversea Merchant accounts.

Radiant Pay can provide solutions

As Radiant Pay can access your request to open a merchant account for your High-risk online business, we are tackling successful transaction bailout for some controversial money transections, in the overseas banks.

 Radiant pay is a leading payment service provider for online payment based in London. Which is a good experienced for catering to the High-risk enterprises with low-cost payment solutions, which are otherwise always targeted by many banks with high chargeback and transection fee, for being High-risk type.

We can handle, or our experts are capable of handling any tricky situation and can guide your fund a smooth pass to your merchant account, which is possible due to our strong foot and goodwill network in many overseas Banks and Banks in European Union countries.

 Radiant pay is the war-horse to rally upon, for your beneficial ride, no matter you do a high-risk online business.

Payment Gateways, secure way to collect money online

Doing great online business, selling the stuff, and handling awesome services is not just enough, to survive in Online ecommerce business.

Collecting money, is of paramount importance?

How, and by what means, is a welcome question, it is worth a consideration. If you are running any online business setup, say online store, service provider or anything of certain value, the money should be collected in your Merchant account.

As all our setup and hard work can go vein, if our way of collection is not secure, efficient and low cost. This step to collect money online by customers is accomplished by the latest software called the Payment Gateways.

How can you use Payment Gateway?

There are many latest Payment Gateways, which need to be installed. But the thorough survey, is very important as these installations are not free, for the simple reason, you can check the fees (PayPal is at 2.9%+$0.30 per transaction, and apart from that you need to give $30 per month as rental).

 But no need to worry for all that arrangement as Radiant Pay is a payment solution company based in London, which can give these services at much negotiable rates, and give your Ecommerce proper guidance, as what gateway can suit your type of business online. 

Online payment services: Paving ways for online businesses to upgrade market level

The top priority of any business is the maintenance of cash flow. Radiant Pay ensures this enabling your business to achieve its core objectives through end to end online payment services. Online payment is an advantage in itself apart from carrying other plus points for your business. A most common one among those advantages is online payment helps firms to save their crucial time. Reduction of high cost in conventional transaction methods is another benefit of accepting payment online. Less paperwork, hassle-free invoicing process and risk-free transaction are some of the necessary elements that are business requirements for sustainable growth.

Why online payment services:

 

  • Immediate and error-free transaction: Unlike usual ways to accept payment where you have to wait for the payment cheques, submit it for clearance and then again wait for getting the check clear, online cash is a fast, simple, time-saving and hassle-free process.  
  • Easy to set up-The set-up is highly handy to start receiving online payments. You can start accepting payment right after its implementation.
  •  Enhanced credibility of online merchant: Within an online payment gateway lays online invoicing software which is featured to accept online payment by the customers. Not only this, when it comes to credibility and security at both ends, you can entirely rely on it. Above all, customers have immense trust in online merchant, facilitating online payment. 

 

Recurring payments- If services proffered by you are subscription-based, where the customers or users are required to make payment after a certain period, the online payment option is then just made for you. There is no need to send reminders to each one of the customers and request them to send cheques. Instead, your online payment software can collect the respective payments when the subscription term ends.