{"id":4060,"date":"2017-03-01T13:38:17","date_gmt":"2017-03-01T18:38:17","guid":{"rendered":"http:\/\/www.nationaltransaction.com\/credit-card-merchant\/?p=4060"},"modified":"2023-04-13T10:47:07","modified_gmt":"2023-04-13T14:47:07","slug":"electronic-payments","status":"publish","type":"post","link":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/electronic-payments\/","title":{"rendered":"ELECTRONIC PAYMENTS"},"content":{"rendered":"<p><a href=\"https:\/\/www.nationaltransaction.com\/\"><strong>ELECTRONIC PAYMENTS&nbsp;<\/strong><\/a><\/p>\n<p>When it comes to electronic payments, certain types of businesses are considered high risk.<\/p>\n<p>Most merchants do not realize that electronic payment processors carry a financial risk on merchant accounts, and normally fund merchants prior to receiving payment from the client\u2019s bank.<\/p>\n<p><strong>Essentially, a merchant account is an unsecured loan.<\/strong><\/p>\n<p><strong>Different factors used to determine when a business is a high risk are: <\/strong><\/p>\n<ul>\n<li>Types of products<\/li>\n<li>Services they sell how<\/li>\n<li>How they sell them<\/li>\n<\/ul>\n<p>Online transactions are considered high risk because there are increased risks of fraud.<\/p>\n<p>A key factor used to determine the risk of a business is chargebacks.<\/p>\n<p><strong>Chargebacks&nbsp;include <\/strong>customer refunds and fraudulent transactions.<\/p>\n<p>Payment providers assess this risk to determine the percentage of chargebacks your business is likely to experience.<\/p>\n<p><strong>Businesses that are considered high risk where they take advanced payments:<\/strong><\/p>\n<ul>\n<li>Travel agencies<\/li>\n<li>Ticketing services<\/li>\n<\/ul>\n<p>Electronic payments provider is necessary if you want to accept debit and credit card transactions.<\/p>\n<p><strong>For high-risk electronic payments please feel free to call us at 888-996-2273. &nbsp;<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ELECTRONIC PAYMENTS&nbsp; When it comes to electronic payments, certain types of businesses are considered high risk. Most merchants do not<\/p>\n<div id=\"more-button\"><a class=\"btn btn-more excerpt-more\" href=\"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/electronic-payments\/\">Continue Reading<\/a><\/div>\n","protected":false},"author":2,"featured_media":3967,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69,139],"tags":[199,1161,21,347,13,108,423,1360,222,305,1610,87,1155],"class_list":["post-4060","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-practices-for-merchants","category-travel-agency-agents","tag-bank","tag-chargebacks","tag-credit-card-2","tag-debit","tag-electronic-payments","tag-fraud","tag-loan","tag-merchant-accounts","tag-merchants-2","tag-online","tag-payment-processors","tag-transactions","tag-travel-agencies"],"_links":{"self":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/4060","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/comments?post=4060"}],"version-history":[{"count":9,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/4060\/revisions"}],"predecessor-version":[{"id":4936,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/posts\/4060\/revisions\/4936"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media\/3967"}],"wp:attachment":[{"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/media?parent=4060"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/categories?post=4060"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nationaltransaction.com\/credit-card-merchant\/wp-json\/wp\/v2\/tags?post=4060"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}