A merchant gateway involves setting up a centralized online payment processing system with a third party. Working with a business like Allied Wallet to setup an online merchant payment gateway provides many benefits to both small and large businesses. This post will discuss some of the best reasons to work with such a company for e-commerce support.
Additional Security
Not having a merchant gateway means having to take care of your own payment processing security. Allied Wallet has the means, expertise, and focus to stay on the cutting edge of payment protection. Our transaction processing system boasts the following certifications:
- First Data Certified
- FSA Certified
- Bank of America Certified
- Anti-Money Laundering Compliant
- PCI-DSS Level 1 Compliance
Furthermore, working with a third party on a merchant gateway gives you additional support resources. For instance, Allied Wallet provides 24/7 technical support and customer service through phone, email, and online chat. We maintain a large staff of security experts who can help in the direst situations. Plus, we use SHA-256 SSL encryption on processing and storing information, keeping data secure from security attacks.
Diversify Your Payments
Gateway is an accurate word here, as these systems can open up your business to whole new sources of income. Our payment gateway offers support for almost every major credit card, including MasterCard, American Express, Visa, Discover, Diners Club, Maestro, China UnionPay, Cartes Bancaires, and Giropay. Allied Wallet’s online processing system is also compatible with ACH payments and European Direct Debit cards.
You can also use the gateway to expand your business around the world. Transactions can be processed almost anywhere in the world, with support for:
- 164 Currencies
- Transactions in 196 Countries
- Settling in 25 Currencies
Save Money
One good reason to hire a company for merchant gateways is that it means your business doesn’t have to hire and retain a team to manage online payment processing. Additionally, at Allied Wallet, we integrate our e-commerce gateway with the systems (such as shopping cart, programming language, etc.) that you already have setup. This reduces additional work for your programmers and makes training very simple.
Other features we offer help you get your money from your customers much faster. Many transactions can be processed as real time payments. Many of our clients will setup ACH payment functionality. This streamlines payments as well as lets businesses accept bank info in lieu of physical checks. This quicker a business receives its payment, the faster it can grow.
Allied Wallet ensures that you aren’t hit with lofty fees and charges. Our proprietary Fraud Scrub protects our customers from fraudulent charges, which can be a dent in any company’s profits but especially hurts small businesses. This monitoring software minimizes chargebacks, another financial blow to many businesses.
Finally, Allied Wallet’s PCI-DSS Level 1 compliance means that we assume the risk for online security attacks. If you have a security breach or make customer information vulnerable, then you could be hit with fees of about $500,000 per incident and penalties that could restrict your ability to accept credit card payments forever.
These are just a few of the many benefits of merchant gateways. Contact Allied Wallet to learn more about what we have to offer your business.