The different Merchant account types and their features

Ecommerce merchant account

MerchantScout’s eCommerce merchant account for the modern age businesses helps them in the online processing of payments. They boast of a huge network with more than 40 banks across the globe. They have the lowest rates for interchanges. They support more than 30 methods of payment and all of them on just one payment gateway. They provide support for more than 150 currencies, making it a multi currency platform.

The account holder can now cater to shoppers around the globe. In today’s world, the customers expect that they will should have the facility that enables them to go shopping for services and products online. This makes it absolutely vital that they should be offered a secure and convenient shopping experience online. If you fail to do so, you will not be able to convert significant revenue in your sales. MerchantScout understands your need for offering a solution that is hassle free.

Their tailor made packages include a unique arrangement consisting of a merchant account (direct) with any one of their European Union/United Kingdom or acquiring banking partnerships across the globe. All of this is clubbed with a gateway service for payments that has won many awards. Also included are tools for reporting, fraud protection that is integrated and free lifetime dedicated support.

MOTO merchant account

Their MOTO account is actually a solution for payment processing that functions on a virtual terminal. Virtual POS or virtual terminal happens to be an application which allows you to process payments in the card form from the clients. You could be getting these card details on the phone, by mail or by fax before you process these transactions using a very simple form online. Virtual terminals have proved to be very useful in the cases of the call centers, the offline outlets or in POS (where the card is present) kind of transactions. They are also found to be very useful in cases where they are used as an alternative method for payment in online shops in the cases where customer encounters a problem or is afraid of giving their credit card details to you on the payment page of your website.

Their all encompassing services catered towards MOTO merchants involves a merchant account (direct) with any reputed European Union/United kingdom or the acquiring banks across the globe and access to the virtual terminal (online as well as a native windows software). It also includes an API integration (that is optional) with a gateway that has won many rewards and reporting tools that are real time.

POS merchant account

Their POS account works very well in the cases of POS terminals and payment processing inside the store. A wide range of latest POS terminal machines is made available to facilitate secure and fast payments in the store. Via their network of banks, they are able to place a lot of business categories including the ones that are high risk. Irrespective of it being a hotel, restaurant, retail shop or even an adult bar that operates at night, they provide the businesses with a POS solution that is rock solid.