Merchant Solution for Financial Consulting/planning/strategy/advising

Merchant Accounts for Business and Financial Consultants, and Debt Reduction Services. If your job is to offer financial and business consultancy, or debt reduction services, then we are here to assist you in providing different payment solutions for your business. We provide merchant account solutions to virtually any high-risk business industries including those that deal in debt recovery systems and credit repair services.

Here you will not only receive credit card processing solutions, but also provide assistance in preventing chargebacks which are often associated with high-risk financial businesses. Today all companies, whether a start-up or established, domestic as well as offshore merchant accounts rely on credit card processing facilities.

• Business and financial consulting are considered as high- risk businesses by traditional banking institutions.
• Hence applications for merchant accounts are shutoff by banks and financial institutions and they are denied payment processing accounts.

Even in cases where a bank/ financial institution may offer payment gateways, the fees charged are quite inflated when compared to other businesses. This is because of the following reasons:

?       There is always the risk of heavy chargeback rates

?       A greater number of cancellations are considered characteristic of this industry.

Despite their critical role, banks renegotiate agreements with consultants for the above reasons. We are a group that caters to many such high-risk businesses and provide merchant account services and secure payment processing gateways at competitive pricing, rates, and fee charges. Therefore, it is wise to gain an understanding of the fees charged by Merchant Stronghold:

• Per Transaction Charges: Any action between a cardholder and a merchant or member that results in inactivity on the account, such as purchase, cash advance, or credit.
• Monthly Minimum Fees: If you do not reach this minimum, you will be required to cover the difference.
• Chargeback and Retrieval Fees: These fees only occur when a customer contacts the bank to dispute a charge.
• A Few More Features: Multiple Currencies Accepted, No Hidden Charges, No Application Fees, All cards brands accepted- visa/ master and Easy website integration

Documents required getting a Merchant Account for Financial Consulting Business:

Personal Documents: Driving License and Personal Bank Statements for the recent 3 months

Business Documents: Article of Incorporation, Business Bank Statements for the recent 3 months, Processing Statements for the recent 3 months, Bank Letter or Void check, EIN - IRS, and a few supporting documents based on the business type.            

If you’re looking for a merchant account for your online business you’re at the right place. Merchant Stronghold got simple solutions for your complex business.

Start your business with the right foot forward and open the right high-risk merchant account from the beginning with Merchant Stronghold, and save both time and cash.