Did you know that up to one third of e commerce transactions are completed by online travel booking and flight services? Online shoppers in the US are expected to grow to an incredible one hundred and seventy five million people in 2016. In the tech and internet heavy world of today, it is important and essential that merchants use merchant accounts services that are in touch with the complex online needs of the average business. If you are a merchant looking for reliable payment processing services, here are several tips to guide you toward the best service for you and the needs of your business.
One, do you want to be stuck waiting for transactions to go through? Speed and efficiency in processing merchant accounts is important to most businesses and e commerce sites. When considering which of several payment processing companies is right for you, look for a company that can quickly do level 2 and level 3 processing so that you are not stuck waiting.
Two, for business to business marketing and purchasing, you need a company that handles and specializes in b2b credit card processing. When businesses do not choose to work with companies that specialize in their type of processing, there can often be lags in service and miscommunication, which is something you will want to avoid.
Three, the Payment Card Industry Data Security Standards, or PCI DSS, are standards that apply to all transactions and business online, regardless of size and regardless of the type of transaction. It applies to all organizations and merchants that accept, transmit, or store data from cardholders. To make sure the information of your clients is secure, it is recommendable that you choose internet merchant accounts service that has an in house PCI compliancy program. Merchant accounts that uphold these standards will ensure that the data is absolutely and without a doubt kept safe from potential information hackers.