An advance credit card processing solution that comes with a high level of security is what every Beauty Products business need. 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 the 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 the cost and makes the 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.
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