Monday, August 28th, 2017
Unfortunately, not many providers accommodate tech support businesses, and even fewer offer reliable solutions at reasonable cost. This is because tech support is often considered a high-risk industry, especially due to its high rate of chargebacks.
If you run a tech support enterprise, you probably already know how hard it is to get payment processing solutions. Thankfully, however, you still have other avenues to explore. When your application gets repeatedly rejected by mainstream processors, it may be time to consider a high-risk merchant account.
Tech Support Merchant Account Providers
The companies below are known to work with high-risk merchants, including tech support businesses, in the UK. While some are based in the country, many are international firms, serving thousands and even millions of clients worldwide.
PayPal accounts are readily available to high-risk merchants, and their high acceptance rate makes them the first stop for many new tech support business owners. Easy to setup and use, a PayPal account is perfect for online businesses. You can also use PayPal for physical transactions, thanks to its PayPal Here chip and pin card reader.
PayPal enables merchants to complete transactions quickly and easily. Although their services may not be as expansive as those offered by other providers, they’re a great place to start if you’re new in the tech support business.
China’s leading payment service provides a broad range of processing solutions to businesses of all types and sizes all over the world. PayEase supports over 64 types of credit and debit cards, including Visa, MasterCard and American Express, and accepts payments in a myriad of currencies.
A PayEase tech support merchant account will get you services like mobile payments via SMS, online payment gateways, call centre integration and portable POS terminals, all at affordable rates.
Since acquiring Ogone in 2014, French-based Ingenico has been offering merchant accounts to different types of high-risk businesses at favourable charges.
Perfect for fast and secure credit card transactions, an Ingenico tech support merchant account will enable you to accept transactions online, via mobile devices, and with physical payment terminals. Services also come with a full-featured reporting and monitoring system that helps you keep track of your transactions.
Netbanx is the independent online payment gateway arm of UK-based Paysafe Group, one of the world’s top providers of e-commerce solutions.
Netbanx offers customised merchant accounts to businesses in high-risk industries, which come with multi-currency processing and international credit and debit card support. The Netbanx payment gateway is completely PCI DSS compliant and can be integrated into any major shopping cart or website. Alternatively, you can also get a customised hosted payment page for your tech support business.
First Data is popular among high-risk merchants for its excellent suite of products and friendly pricing. Mobile and portable terminals are of course available, as are virtual and online payment gateways to handle mail, telephone and web-based payments.
Although First Data typically hosts payment pages for its clients, the integration into your website is done so seamlessly that your customer will never need to leave your site to complete payment. The company also offers tokenization of card data, which is great for your recurring clients.
High-risk business owners rarely find it easy to acquire payment processing services. If you’re in the UK tech support industry, your best chance at accepting credit and debit card payments lies with the companies above. Each of them holds a well satisfied clientele and will likely sign you up for a tech support merchant account at acceptable rates.