STAGGERING Reasons Innovative Businesses Never Process Payments Globally
Learn This Fascinating Payment Processing Secret For Receiving Payments Globally This Year...
Take note - online businesses are spoilt for choice when it comes to choosing a payment processor for their online business...
This leaves them with the question...
In the online space where there are so many payment processors...
How can one distinguish the best payment gateway to use for one's online business?
In this blog, I'm going to show you a jaw-dropping way to…
CHOOSE THE MOST SUITABLE Payment Processor for your ONLINE BUSINESS.
Like a house, if the foundation is faulty, the integrity of everything else is compromised.
So we are going to start by highlighting reasons why online innovative businesses never process payment globally....
And how you can change that for your online business.
One reason businesses are not processing payments globally is because…
There are restrictions here and there that make it IMPOSSIBLE for businesses to receive payments globally…
Also, many companies are in unsupported countries.
Some businesses are considered as High-risk businesses, as they are prone to more chargebacks and disputes…
Those who do not have an online presence feel they need to have a huge budget to kickstart an online business…
Those who have figured out that side of the puzzle are...
Frustrated by the current payment gateways they are using and wondering if they can ever get any better.
But when done the RIGHT WAY…
You’ll skyrocket your business growth in an Earth-shattering way.
SOOOOO…
How do get access to the most suitable payment processor for your business?
Define What ‘SUITABLE’ Means To You
You may have used top payment gateways and figured out that they are not ‘suitable’ for your business.
This may have left you craving to access ...
The best stripe alternative and best PayPal alternative.
So start by defining what suitable means to your business.
For instance…
If you operate a HIGH-RISK business...
Which is prone to more chargebacks and disputes...
You should automatically know that Stripe and PayPal gateways are not suitable for your business, as they do not support high-risk businesses.
So whenever you see a payment processor, take note of the kind of businesses they support.
If they do not support your kind of business, cross them off your list.
Cross Your T’s And Dot Your I’s
The last thing you want for your business is to...
Set up your online business, and create awareness for your business….
Then as the money starts rolling in…
You get cut off by your payment processor without any reasonable explanation…
You can’t afford to have your funds tied down for months with them giving you flimsy excuses…
This is demoralizing and causes retrogression in business as you are unable to continue receiving payments and carry out your services...
And your customers begin to doubt your company.
So look out to integrate a payment gateway that cares about your company.
One that is not after the quick bucks they make when they onboard your business…
Also, answer these questions
- Does the payment gateway you are considering offer low transaction fees?
- If it is a high-risk gateway, is it the best high-risk payment gateway?
- How accessible are they?
And most importantly…
- Do they listen to and care about their users?
- Are they after the money they will make before blocking your account and freezing your funds?
- Can they help you receive payments globally?
Answering these questions will help you...
Make the right decision about which payment processor you should use.
These are reasons why many businesses never process payments globally.
So if you want a fail-proof online presence for your business...
With the ability to receive payments from your customers globally…
Make sure to check out PAYFACI
Which is an online marketplace designed for businesses seeking to...
Sell their products and services securely and receive payments globally, fostering exponential business growth while minimizing fraudulent chargebacks and account limitations.