Businesses that offer technical support to customers are considered as PC tech support merchants. To accept transactions, they need payment processing methods. The most common methods in this industry are Credit Card processing and echeck payment gateway.
Businesses can directly approach financial institutions and request for a payment solution. Unfortunately, most of the Financial Institutions try to stay away from this industry type. The major reason for the same is that this industry appears to attract significantly higher amount of chargeback and return request. This is something which the Financial Institutions do not prefer to allow.
Merchant or businesses in the industry of PC tech support can approach payment processing companies to get credit card processing solution. Sometimes these solutions can be an aggregated Solution. Getting a dedicated MID (Merchant ID) from a direct acquiring bank can be extremely challenging for this industry.
PC tech support merchants should also try to get an echeck merchant account or ACH merchant account. This can help customers to make transactions by putting their account number and routing number on the merchant’s website. Business owners can also submit the information directly into the virtual terminal.
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