The internet has been revolutionary to the business world, allowing companies to reach audiences that were previously unreachable. A company based in France can now sell products to someone in Africa, and a US-based customer can reserve and pay for, the lodging and services they plan to enjoy during next month's Caribbean vacation!
Along with the benefits of online transactions, however, there come a number of disadvantages. Online billing solutions create some very big issues both for small businesses and large businesses alike. The risk associated with web-based purchases is very large, and can lead to many problems because of the distant nature of the transaction.
Any business that must accept payments in a Card Not Present (CNP) fashion is likely to have some difficulty finding reliable online billing services. Many merchant account providers, for example, prefer not to work with these businesses.
Those account providers willing to work with online businesses often charge very high fees to make it worth their while. Some adult entertainment websites, for example, are asked to pay anywhere from four to eight percent, depending on their profit margin.
Higher rates are going to be a non-negotiable when it comes to finding a secure online billing solution, but that doesn't mean that you should blindly accept the added cost. When working with us, you will see that the extra cost is put to good use by the dedication that we put into meeting your internet transaction needs.
We don't shy away from offering online billing solutions; we embrace the opportunity to work with you! Online billing services may be a risky market, but we have the passion and experience to meet every challenge that arises with motivation and professionalism. We also have the knowledge to ensure that those challenges are as few and far between as possible.
Online businesses require online billing solutions—there is no way around it. You cannot accept cash or checks over the internet, so credit and debit cards are the only reasonable option. Securing reliable credit card processing services is essential to making the most out of your online business.
Don't miss out on the potential for huge internet success simply because of the difficulties associated with online billing services. We are here to help you! We want you to succeed, and we will do everything in our power to make sure that happens!