Boca Raton, FL -- (ReleaseWire) -- 06/10/2014 -- In an era that is becoming more and more digital with each passing day, the ability for merchants to be able to process payments quickly and safely is vital to their success. Whether it’s through a website’s e-commerce platform, a point of sale (POS), or via mobile processing systems, a merchant must have the opportunity to collect and process payments whenever a customer wants to buy.
Unfortunately, there are still several types of businesses that are generally considered to be high-risk. For the most part, this is no fault of the business or its practices. In truth, most “high risk” businesses suffer from the fact that they accept dealing with higher risk customers. However, these businesses, which include collection agencies, travel agencies and electronic cigarette manufacturers need viable and secure payments options just like any other.
“Everyone deserves a shot at being successful,” stated Rami Levi of MagicPay, “no matter who they are. These hard-to-board merchants often provide a critical and necessary service and we believe that we should do everything possible to see they get a chance to do business. It’s why we’re always searching for new solutions.”
MagicPay is pleased to be able to announce the addition of a new merchant processing bank that works with high-risk merchants like those mentioned above. After careful consideration and testing, MagicPay has added this new credit card payment processing institution to its repertoire of merchant services as yet another example of pushing the boundaries and opening up roads to everyone.
MagicPay can now allow a greater number of hard-to-board merchants to utilize a domestic payment processing system, thus allowing for greater flexibility and security. Additionally, any business that wishes to take part in this program can get an approval within the same business day. This is a tremendous advantage for these types of clients. MagicPay has also ensured that just because a business may be considered “high-risk” by some, they will not have to pay extra for this. MagicPay offers its new payment option with very low fees making it reliable, affordable and effective.
When coupled with MagicPay’s other innovative services such as full mobile credit card processing, swipe and save mobile payments that allow credit card acceptance even with no power or internet and Cloud-based options, the digital world and all it has to offer is totally open for business. MagicPay continues to lead the way in both innovative solutions and a strong track record of personalized customer service. This merchant services provider is truly a solid foundation for any growing and successful business.