Moving & Transportation Merchant Accounts
In recent years, and especial in the last 2 years, the moving and transportation industry has seen a significant increase. 1st, a major moves to the sun belts states with better taxes and more work opportunities , also Because the housing market is in a pro-buyer phase, it was predicted that the market for moving services would increase considerably in 2016. That prediction has proven to be right in recent months.
That’s fantastic news for the moving and trucking industry, (Other than the price hick of gas) , but increased business equals increased obstacles , up your merchant account monthly processing for your sector. One of the most major issues now confronting moving and transportation providers is that many other credit card processors regard your firm as “HIGH RISK.” This makes obtaining necessary services such as a moving company merchant account and credit card processing far more difficult than it should be. With our basic tweak
We have team that will help and guide you with disputes and chargebacks, the team specialize in preventing chargebacks from for the moving brokers.
Moving firms are no exception, as there are always a few bad apples who spoil the bunch. Chargebacks against moving companies increased in 2018 as we know.
Unfortunately, the moving broker’s reputation is linked to the moving firm, and the choice of a moving broker might mean the difference between a satisfied customer and a chargeback.
We work with moving brokers to guarantee that they receive as few chargebacks as possible, avoiding bank difficulties, payment freezing, and a blemished corporate reputation.
What’s Up with your new merchant account new or extra Mid Move?
Call us today
In recent years, the moving and transportation industry has seen a significant increase. Because the housing market is in a pro-buyer phase, it was predicted that the market for moving services would increase considerably in 2017. That prediction has proven to be right in recent months.
That’s fantastic news for you, but increased business equals increased obstacles for your sector. One of the most major issues now confronting moving and transportation providers is that many credit card processors regard your firm as “high risk.” This makes obtaining necessary services such as a moving company merchant account and credit card processing far more difficult than it should be.
Why Is My Moving Company a High-Risk Company?
When a company operates in an industry where fraud, theft, chargebacks, and other fee disputes are widespread, it is termed high risk.
Another reason that most typical, low-risk credit card processing providers avoid your market is that moving and transportation companies tend to provide high-ticket, one-time sales. These kind of sales are vulnerable to an issue known as “friendly fraud.” Friendly fraud, sometimes known as chargeback fraud, occurs when a customer demands a refund from a bank after receiving services. They could, for example, have shifted their goods and then complained that the truck was filthy. They may even claim that the movers were obnoxious. You could probably come up with a hundred more examples. Friendly fraud, on the other hand, occurs when a customer receives what they paid for and then requests a refund for fictitious or subjective reasons.
Friendly fraud is still a problem in other businesses, but it is simpler to combat because ticket sales are often lower, and customers tend to buy services and products multiple times. Friendly fraudsters who return can be turned away. However, in the moving industry, you are unlikely to encounter more than one nice fraudster.
These issues result in lost time and income for small and medium-sized organizations. It can result in the closure of a merchant account or the rejection of an application for one. Because its banking partner most likely only works on low-risk companies, the big box, one-size-fits-all credit card processors are set up to try to avoid dealing with “high risk” enterprises with these kinds of concerns. We realize the difficulties that come with having a moving company, but we believe that your firm, like any other, deserves the opportunity to accept credit card payments. When other organizations turn you down or reject your application, we work with you instead of dismissing you.
Because your sector is a high-risk business, the credit card processor you choose will make all the difference in terms of getting authorized.
In A High-Risk Industry, Getting Merchant Services
You can try your luck waiting for approvals at traditional low-risk processors, only to be declined repeatedly, or you can go with a merchant service provider that specializes in high-risk industries now that you know why it is so difficult to secure a moving company or transportation merchant account.
It can take a long time to apply for a credit card processing account for your moving company. Various forms of identification, business records, tax information, and other documents will be required. In addition, many processors charge an application fee, which can be as high as $300 and is not refundable if your application is declined.
We specialize in catering to high-risk enterprises like yours at EDataPay Payments. Our purpose is to provide you with the transportation payment processing services you require in order to conduct business and serve your clients. There are no application fees, contracts, or hidden expenditures. You should expect the following when working with a seasoned high-risk merchant account provider like EDataPay Payments:
A QUICK ESTIMATE OF PROCESSING FEES
When you contact us, one of our high-risk account professionals will contact you right away to go through your company’s details. We don’t keep you waiting. On the same day, or sooner, a representative will give you with a quote. We won’t make you jump through hoops or lead you wrong; instead, we’ll give you your rates, approval chances, and merchant account options up front and honestly.
THE MOST ECONOMICAL PRICES IN YOUR MOVING INDUSTRY
While other high-risk credit card processors exist, many of them prey on the desperate and charge processing rates that are 5 to 10 times more than regular. Yes, It is absolutely a necessity to have more then one Merchant account as a moving company or the Brokers.
Some of the major risks we see are:
- We saw processors out there that will and in Any time will freezes your funds ,
- These large processors have the worst reputation online… Have very poor Customer service,
- Most large processors have no phone support ( Good luck getting anyone on the phone) ( Amazing how they are still in business and supported by all major banks)
eDataPay can and will provide your moving and/or Brokerage company with 2nd and 3rd Merchant account with better rates that are far lower.
CUSTOMER SERVICE THAT IS RESPONSIVE AND PROACTIVE
When you contact us, we respond as quickly as possible. We work with a lot of high-risk companies, and we know how aggravating dealing with giant, faceless organizations can be.
Allow eDataPay Payments Provider to be your credit card processing company.
Your field has a lot of promise! With the real estate market on the rise and gas prices at historic lows, demand for your services is on the rise. We want to be a part of your success, unlike the big box, generic credit card processing firms. Apply for payment processing for your moving company today and get things going!
eDataPay Payments Provider was created with your moving industry in mind.
We take pleasure in catering to our high-risk clients as a top payment processing firm that offers transportation credit card processing to businesses like yours. Not only do we work with companies that other processors consider “high risk,” but we also provide top-notch services like same-day or instant funding, 24/7 customer assistance, mobile card processing, and connection with your existing processing equipment. The aim is to provide no-hassle merchant services that allow you to not only take credit card payments, but also to have a processing solution that is tailored to your specific needs. We understand the challenges that moving and transportation businesses face and how to avoid and correct them because we specialize in high-risk industries.
We also can and will provide you with alternative payments such as: eCheck, Check 21 and ACH.
Payment Processing for Moving Companies with EDataPay Payments Provider entails:
- Accept all major credit card brands (VISA, MasterCard, Discover, and American Express) for payment: Never turn a client away due to a lack of processing support.
- With our mobile credit card processing for moving firms, you may accept credit card processing on the go or at a job site.
- Connect to your current payment gateway or terminal. We offer wholesale rates on new equipment if you require it.
- Reasonable costs and prices: We will always keep our fees and charges low since we understand that you have options.
- Multiple merchant accounts: If you want a higher monthly processing volume, we can approve you for multiple solutions and set up multi-MID switching.
- PCI-compliant security and encrypted transactions at a high degree. Keep your customers and your company safe.
- Round-the-clock support: We shine where the giant credit card processors fail, with 24/7 US-based customer service and no long waits for someone to pick up the phone.
- Simple and responsive applications: Unlike other credit card processors, we will provide you with real-time updates on your application. In as little as 24 hours, you might be accepted.
What’s Up with your new merchant account new or extra Mid Move?
Call us today