How do you successfully set up an SEO merchant account when many traditional merchant account providers decline SEO companies? If you are a start-up company, you have probably run into even more issues, especially since start up SEO companies often require volumes of 60k+ per month. If your company specializes in website design, pay per click management, search engine marking or optimization or web hosting, you are going to run into some issues in trying to find a processor who will offer you a merchant account.
The preferences and habits of customers can make it difficult for a newly established business or an existing company to find services that not only work for them, but also pleases their customers. For example, PayPal does not allow for a PayPal merchant account set up for this industry. Regardless, customers seem to prefer using other means of payment; such as, AMEX, MasterCard or their Visa.
Large Transaction Fees
Another aspect that makes it difficult to find a merchant account processor that is willing to work with you is the large transaction fees involved in web design companies. Because it is typical to charge large fees to clients, it is hard to find a processor willing to process such transactions.
High Risk Business
Merchant banks are usually concerned about your capability to support the potential chargebacks that will arise. In this industry, contracts and services may become complicated. In the event that a client wins a chargeback, you will be forced to collect your funds through other legal means. In addition, any cancelations by clients will have to be fully credited. This can be an issue since no merchant account processor allows for more time above annual billing.
Due to these potential setbacks or issues, the industry is often labeled high-risk.
While it may take some time and research, it is not impossible to find a merchant account processor who is willing to work with you and your needs. At emerchantbroker.com, three separate merchant accounts are offered. Each one consists of 25k per month in volume. As a result, you can potentially process 75k in transactions in a month’s time.
Still not enough? It is possible to set up multiple accounts with 100k in volume for each account. Don’t let the high risk nature of the industry and large transaction fees discourage you! There are options available to help your business grow and succeed.
EMB has all your processing solutions for your SEO Merchant Account, click below to start now