Many credit card companies are cracking down on the continuity business model because of deceptive business practices and high chargeback ratios. This means that countless continuity based websites are fast losing their merchant account privileges simply because they do not know how to be compliant. But, there’s no need to worry because there’s light at the end of the tunnel.
RevCard Processing Solutions is the perfect option for those merchants who need to bill their customers every week, month, bi-monthly or annually. We offer recurring billing solutions through our vast network of trusted banking partners which allows us to providing merchants with top quality continuity merchant accounts they can rely on.
What is a Continuity Merchant Account?
The idea behind all online transactions is that the consumer makes a unique request via email. This unique offering is normally intensely reduces, which leads it to becoming a loss leader. Within the recommended timeframe, another package will be sent to the client. After that, the client will keep receiving shipments after regular intervals. In case the client did not specify a particular item they would like to get, the merchant then gets to pick an item for the client on the premise of the past decisions that were made by the client. This carries on until the merchant is advised by the client of their decision, which could also be their decision of discontinuing the service. What a continuity merchant account allows the merchant to do is collect funds from the client on a monthly basis. They are able to achieve this by having an automated process in place thanks to the continuity merchant account, which allows them to receive payments from their customers, with little to no interaction between the merchant and the clients.
The Benefits of Using Our Continuity Merchant Account Services
The following are some of the benefits of using a continuity merchant account service: