Earn & save with our Third Party Credit Card Processing
By offering your customers to make payments through credit card, you minimize the
chance of a lost sale. This days, credit card acceptance is the cornerstone of any profitable
e-Commerce business. When your market is truly global, you have the opportunity to
reach shoppers in every geographic and demographic segment. Therefore, it is important
that you are in a position to accept all credit card brands. Today, most online merchants holding a
direct merchant account could miss out on opportunities since they offer only MasterCard and Visa.
However, GSPAY gives you the facility to accept all major international credit cards and minimize
lost transactions.
Third party processing accounts are for merchants that have difficulties maintaining their own
merchant accounts or have consistently high level of chargebacks. These merchants share an
account within a large merchant portfolio until they are mature enough or have enough
credit card processing history to obtain their own merchant account number. Merchant discount rates
are favorable within this portfolio because the account is protected from chargebacks and high
credit card processing volume within the merchant portfolio. Third party processing merchant accounts
are for the following types of merchants:
- New business with no credit card processing history
- Merchants with high chargebacks, refunds, and returns
- Merchants that are considered high risk
- Merchants that are consistently averaging more than 1% in chargebacks a month
- TMF (Terminated Merchant File or MATCH) and CIRF Merchants
- Merchants under the Visa/MasterCard chargeback reduction program
- Merchants that are not incorporated within a jurisdiction
Apply now!