If you are engaged in an e-commerce replica business and sell shoes, handbags, watches, sunglasses, belts and other replica products online, you need to open a replica merchant account. Most replica merchants are operating or located out of China. An online replica merchant account is ideal for all types of high-risk business.Replica Merchants usually struggle to get a long term and stable solution to process and accept debit and credit cards for several reasons. It has all the necessary tools that will boost your e-commerce business and will make it grow in no time. That’s why most of the underwriters and banks do not fancy replica related business because of illegal issues that come about with replica items compared to the normal authentic items. However, some third-party merchant account providers can provide legitimate replica business operators a merchant account either based internationally or domestically.
In any field replica means that the original product has an exact duplicate, under the same conditions, including materials and manufacturing techniques. In this sense, e-commerce businesses merchants often has their replica industry and this also sell the same type of merchandise than the original industry and this is considered as a lower risk than the regular industries, such as pharmacy, adult industries or gaming, but replica merchant accounts are being tagged as high risk because they have the possibility to fall in fraud or very high fees due to the chargebacks rates. Merchants who operates in the e-commerce industry are usually balky to set up replica merchant accounts, but nobody can deny that this payment solutions option exist and it is very common it use, like in China where most replica merchants operates.
Each e-commerce business ideally should have an online replica merchant account. Replica merchants usually endeavor to obtain a long term, reliable and stable credit card processing solution for so many reasons, the most important is that this can improve your e-commerce business and will increase it profits in a record time, but their major limitation is that banks do not handle replica related business due to illegal issues that this business brings in contrast to the authentic products related to e-commerce business. Nevertheless, through a third-party provider, merchants can get legitimate replica business merchant accounts, and this could be internationally or their local region.
The following are the key advantages of an opening a replica merchant account for your high-risk business.
The main benefit is that an online merchant account will enable you to accept different types of credit cards. This will help attract new customers because online shoppers prefer making purchases with online stores that take credit cards.
Replica merchant account providers mostly offer automatic credit card processing. The process is secure and quick. All the payments made by customers will be transferred to your account the next day.
Due to numerous charge-backs and various credit card frauds, a lot of online merchants is a bit reluctant to accept online credit card payments. A replica merchant account offers a reliable fraud-protection solution. So they can detect and prevent fraudulent transactions. So the cost? The price for this service is included in the charge of owning an account.
Almost all credit card processing companies offer round-the-clock customer and technical support. So any payment getaway related problems would be immediately solved by the support service. You can apply for help at any time you may need it.
Most of the online payment services providers charge very high rates for their services. Replica merchant solutions providers take a reasonable prices for the services. Besides, by opening a replica merchant account, there will be no need for hiring a person to maintain the records, as you will get daily reports on completed transactions.
Customer satisfaction helps build a strong and trustworthy customer-business relationship. This turn will help increase the customer list which looks like a key benefit.
High risk industry merchants looking for a payment processing solution for their business will encounter high fees. But, iPayTotal can provide you with competitive, economic and affordable payment processing fees for your replica merchant account. You only need to have in mind that based on your monthly processing volume, we determine our rates, and moreover, we determine your individual business’s risk factor at very low percent’s, having a daily report over completed transactions.
If you are looking for a reliable replica merchant account provider, you are at the right place, as iPayTotal provides the best solutions for e-commerce businesses. At iPayTotal, we guaranty quick real-time credit card processing, top-notch services, and reasonable rates.
At iPayTotal, we have everything you need to process credit card payment quickly and in a secure environment. Apply for a replica merchant account and avail all the advantages you could avail.