Merchant Solution for Magazines Sales/ Subscription Business

Merchant Stronghold has a wide scope of the adequate e-commerce industry, magazine subscription merchant accounts are progressively accessible. In the event that you work a magazine membership administration and need a suitable credit card processor an answer for your website, look no further–Merchant Stronghold offers the best top-notch merchant accounts complete with payment gateway integration, live technical support, and industry-low rate.

Most credit card processors do not work with magazine sales businesses. Often magazine sales business owners will spend hours going through the application process with a credit card processing salesperson, only to have their application immediately rejected by the underwriter.

There are Four primary reasons payment processors often decline to work with magazine sales businesses: 

1.     First, magazine sales businesses typically prefer to accept payments on recurring billing. This payment method is more prone to customer chargebacks who either forget why they made the purchase months later, or want to cancel despite the company’s refund policy.

2.   Second, magazine sales businesses often accept payments over the phone. These types of credit card payments are subject to higher rates of fraud and chargebacks, meaning additional risk exposure for the credit card processor. And

3.   Finally, magazine subscription sales businesses typically are reselling magazines produced and delivered by third parties. They themselves do not ship the magazines, and therefore have little control in the event of a distribution problem. Again,

4.   This adds to chargeback vulnerability. Combined, these four reasons mean that many merchant services providers decline to work with the entire magazine subscription industry, despite the fact that most businesses provide a valuable service and are well run.

We provide the best credit card processing services for all type and size of businesses, talking about the fees structure it very simple and easy to understand:

• 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.
• No Hidden Charges
• No Application Fees
• All cards brands accepted- visa/ master
• Easy website integration

Documents required getting a Merchant Account for Magazines Sales/ Subscription 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 Dating 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