High volume merchant accounts
High volume merchants are businesses who accept high levels of card transactions. These payments can be of low or high value. As a result merchants often choose to have more than one high volume merchant account, ensuring that if anything were to happen to one account they could still process sales through the back up account.
Merchant accounts and payment gateways for high volume businesses
Ecommerce merchants can run more than one merchant account on the back of an existing payment gateway. This enables processing to run as normal if you were to be served notice on one of the merchant accounts. The majority of transactions can go through one provider with a small percentage using the alternative one, this can be arranged to be as cost effective as possible for the merchant, while still maintaining a level of transactions through the back up account meaning it isn’t shut down.
Merchant accounts for high volume industries
For high volume companies, using a merchant account rather than an out of the box solution can have a direct effect on profits. Most will save when moving from the likes of PayPal, Stripe and Shopify.
At Merchant Advice Service we work with industry experts to provide advice for high volume merchants. We help both high risk and low risk merchants secure credit card processing. Our team of UK based experts are happy to help with your enquiry. We pride ourselves on our ‘plain English’ advice.CALL US TODAY