Merchant Accounts for Businesses in the Auto Transportation Industry
The moving and transportation industry has experienced a huge boost in recent years. Starting an auto transportation and moving company business may find this to be great news due to an increase in business, limosine services and also car rentals but may face challenges when it comes to getting a merchant account. Many of these businesses provide services such as moving services, When looking for a solution you may find that you experience little to no support from banks or credit card processors
The auto transportation industry is considered a high risk industry due to there being a high chargeback ratio and using local banking services or PayPal aren’t options. Businesses can be seen as high risk when they are in an industry where fraud, theft, chargebacks, and other fee disputes commonly occur.
Many credit card processors care a great deal about chargeback ratios because it can be a sign that a business is not doing well or has been faced with problems dealing with customers and processors will see that it poses as a risk. Most credit card processors find it ideal for businesses to have a chargeback ratio below 2%
How can Online Merchants help?
When it comes to offering merchant account services to auto transportation and moving companies, banks can be hesitant to offer their services because of risks such as safety and property damage. However, with an online merchant like us, we can ensure you get a merchant account to meet your business’s needs so that you may succeed. .
Our network of merchant service providers have the experience in dealing with high risk businesses. When considering High Risk vs. Low Risk merchant accounts, you may find that you are likely to be charged higher rates compared to those merchants who are low risk. While we may have limitation in the industry we are involved in, we can ensure and assist you in taking the steps towards advancement.
Have you been denied by other credit card processors?
Being turned down from banks and then having other credit card processors or companies like PayPal turn you down, you may feel you are desperate. Our company can help you get approved for high risk merchant accounts and we provide you with the essential services below:
Offer you secure debit, credit as well as ACH processing options
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Highly competitive and affordable bank/ISO processing costs.
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We believe in the importance of providing immediate services and offer next day funding.
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Our services include Virtual Terminal/swiped transactions.
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Our Proprietary payment gateway allows ‘card not present’ transactions and Recurring Billing options.
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Our Auto Transportation business transactions are carried forward via a 100% secure gateway setup.
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We use a Proprietary Online Chargeback Management and Response System that is specifically designed for your business in the Auto Transportation Industry.
Helping Startup/New Businesses Establish
If you have recently started out in the transport and moving business, you may have already come across banks and credit card processors that have turned you down. You understand and are aware that the industry may view your business as High Risk, but that doesn’t mean it is unreliable.unreliable. We are more than ready to work with oyu so that your business may process credit cards and will also offer extensive fraud protection via our secure payment gateways to ensure that your new business finds success through our services.
Prevent Chargebacks
When a chargeback occurs, our friendly team of avisors will notify you as soon as it occurs. We ensure that your data is protected using tokenization and encryption. We are also able to identify fraudulent transactions beforehand which helps reduce chargeback fees and will recover any profits that your business may have lost.
Do not worry about Bad Credit History
Having bad credit history may make it difficult to get approved for a merchant account.. While most banks generally view bad credit to bad credit business, we work with banks that are more than willing to approve merchant accounts and will work with bad credit history.
We know how frustrating it can be as a high-risk business. When you contact us, we will go over your business details and needs immediately. Our goal is to provide you with the transportation payment processing your business needs so that you may serve your customers.