Get uninterrupted payment transactions services with merchant account
We at WebPay provide you with the efficient payment gateway services that will allow you to have smooth and flexible payment transactions. Internet Protocol Television services are known for providing uninterrupted data streaming through internet protocol. There are some of the popular ITV service providers such as Netflix, Amazon and Hulu that are providing amazing services with the stream of data that user likes to watch on their television. IPTV is a $40 billion Right now IPTV is a $40 billion worth and in the future, the company will worth approximately $120 billion. There is no doubt about it that the business involves a lot of money as well as the risk factor associated with it. Even some of the service Payment Gateway for IPTV provider may take copyright pieces and allow it to stream over the channels which are not legal.
How payment gateways facilitate IPTV services?
Most of the times merchants are concerned with getting safe and secure payment transactions through credit or debit cards. The service provider seeks IPTV merchants as the high-risk merchant. And they restrict themselves to provide the merchant with the payment gateway solutions. Though not every merchant is eligible for getting the merchant account facility. Payment Gateways allows you to add functionality to your business that will help your business to reach out to a wider range of customers increasing the sale volume. Apart from that, you are also allowed to have multiple currency benefit for your business account. You can easily have some of the most popular currencies for your business such as Dollar, Pound, and Euro etc. Many IPTV merchants have lost their earnings due to account blocks and they are compelled to use high-risk merchant account.
How you can get an efficient merchant account?
Banks or financial institutions don’t approve a high-risk merchant with the facility of having payment gateway facility. They will ensure that your business is not associated with any kind of ill-legal activity. They comprise a process that intends to know the nature of your business. They will get to know what kind of business you are having. They will try to classify your business and label your business under one of the three categories which is High-Risk, Low-Risk or Middle-Risk. And according they will assist you with your business type. Certain documents are required before availing the merchant account facility. Here is the list of some of the documents that are needed to avail a merchant account.
You will need Director KYC profile so that the merchant account service provider can authenticate your business.
You need to have authorized Government ids such as Driving License, Voter ID Card etc.
If you have owned a pre-occupied business then you must have a payment processor you need to submit 3 month’s recent processor statement for availing the facility.
You will have 3 months recent bank statement
You need to have chargeback up to 2%
You will also get a 24*7 customer support service that will help support you even after you have purchased the payment gateway from us.
Merchant account service provider will provide you with the merchant account facility within 5 to 7 working days. We at WebPay provide you with the efficient International Payment Processing Services that will allow you to have higher business growth.
Read our another blog post: echeck payment processing