The Online Tobacco selling business needs a Tobacco Merchant Account. However, many merchants expect that their business will turn upside down with a merchant account, which is definitely not so.
Nevertheless, there is a catch. It may turn your business upside down but you need a service provider that accounts for the payment processing channel as well. The reality hits hard when you need projected benefits and features in line with the account.
Tobacco is a high-risk business thus, conventional banks tend to avoid them and the service providers charge huge fees. Therefore, you need to choose the provider correctly to meet the expectations.
What the service providers can deliver for the expectations?
There are not many service providers like High-Risk Gateways. We deliver more than expected. Here are some of the needs for the merchant account and that we can deliver to you.
- Instant Approval: Getting instantly approved for a merchant account is a huge task. Most of the merchants expect the approval time as a long waiting time. However, with HRG you get instant approval. It allows you to start accepting online payments on your website.
- A good reach: Getting a tobacco merchant account that accepts multiple currencies allow you to reach a huge audience. Changing your business to a megacorp sure takes time but with support like this, you can reach the world in no time. You can get a great reach if you play your cards right. On the other hand, we as a service provider will help you through the payment journey.
- Convenience to the consumer: Consumers can pay online is a comfort for them but your business too requires some benefit. Therefore, it is more than just a convenience to the consumers. Your business can manage all the transactions and take away the hassle of physically depositing the funds. The online transactions will be settled to the bank according to the needs.
- A complete payment solution: it is far away from the expectation. A merchant account is not complete support for the payments. It can accept online payments for your business but it cannot process online payments. You need a payment gateway for your website to process the online payments and settle to the acquiring bank. The major features of the payment gateway are uniquely designed to create a secure and easy payment processing channel. Which will further support your Tobacco Merchant Account to generate revenue.
- Only accept credit cards: with the popularity of different payment methods. It is a necessity and demand of the consumers that brings multiple modes of payment into the forefront. Thus, with our payment gateway and merchant account, there are many modes of payment. Debit and Credit Card Processing, eWallets, Cryptocurrency, eChecks, Net Banking, etc. are some of the modes of payment that are typically new and will help your business.
How different is the reality altogether?
The expectations from a Tobacco Merchant Account are very distorted as compared to the reality. Therefore, you need to understand that a merchant account is valuable. But a payment gateway is a processing asset. It will get your funds processed even when you are sleeping.
Thus, there is a necessity for both. However, choosing a merchant service provider that is supportive is crucial. High Risk Payment Gateway possesses the expertise as well as the means to get you instant approval, better reach, and a secure environment for all the duns that you collect for your business.
Contact us today to start with your approval process. If you require a payment gateway as well for your Tobacco business then we are up and running for it. All you need is to request a call-back.
