Internet based merchants or often times called ecommerce merchants and comprise a majority of the high risk merchants managed by AMP Worldwide. Why? Because, unlike retail and swiped merchants, online merchants are considered by banks and other financial intermediaries to be “high risk” due to the amount of fraud that takes place through the Internet. And AMP Worldwide works with these “high risk” merchants and handles all of their high risk credit card processing.
Boca Raton, FL -- (SBWIRE) -- 02/26/2015 -- High Risk credit card processing merchant accounts that are representative of a category of credit card processing in which banks and processors simply prefer not to do business with. Why are many Internet merchants considered to be high risk merchants? There are some specific factors that clearly differentiate the risk profile of these merchants, the proliferation of the Internet is one. As a result of it, more and more companies are start-ups and working from a home office; meaning that anyone can become a business, therefore increasing the risk of doing business online. As the business community knows, many companies unfortunately do not stay in business past their first year which can cause chargeback should a product or service be delinquent in the future delivery date; many internet companies source out their products and delivery and only serve as a marketing platform and lead generation of that given product; web based companies traditionally have a higher degree of high risk credit card processing with regard to staying in business past many years and many other reasons.
AMP provides solutions that allow businesses with their own merchant account to process credit cards online through shopping cart links, virtual terminals, site enablement and site security. If you're a business that has a merchant account that has the means of accepting credit cards online, it can be what makes or breaks your business.
About AMP Worldwide
At AMP Worldwide, they accept merchants from high risk industries such as travel services, high risk mail order websites, and high risk friendly offerings websites and provide them with the lowest rates for merchants in retail establishments: providing full-featured gateway processing, 100% compatibility with all cards and shopping carts, and Ecommerce services.
The high risk credit card processing and merchant processing industries continue to change and evolve. Companies that were once considered traditional merchants are now considered high risk and vice-versa. New merchant industries, with the advent of emerging technologies continues are being born and payment processors, banks, acquirers, issuers, American Express, Discover, PCI companies and other players within the payments industry need to find their fit amongst within the industry. Credit card processing companies play a significant and important role as these companies are the conduit between the high risk merchant and the Associations, and play the part of providing real service and value to the online store or retail merchant. AMP Worldwide is one of the finest providers of alternative merchant processing for all types of businesses and industries.
Contact AMP Worldwide today by visiting their website, AMP World Wide and start dominating your industry today.