To apply for a Merchant Account by any bank or payment processor is not just a application and isn’t without risk for the Acquiring Bank, therefore Visa and Mastercard put towards merchants regulative which helps protecting the Acquiring Banks and the Payment Processors against fraud and huge losses.

Merchants which apply for a Merchant Account often set in question why all the documents are needed, why they have to prove their identity and other stuff just for accepting credit cards. Well, you must look at it in a different way, what you are really asking for is someone that need to give you credit or a “loan” and have them to believe that you do regular business and deliver your services and products according to your Terms and Conditions. The case is that once the Merchant got the first payment from the Acquiring Bank or the Payment Processor then there is a possibility for the Merchants customers to make a chargeback on whatever they bought, a chargeback can be issued by the customer within 180 days after a credit card transaction took place. Some Merchants start a business to later on to find out that it don’t work for them, they don’t get visitors or are simply fail in their mission to run a Internet Business, however the few sales they might have made or even a large number of sales for a short period, lives the Acquiring Bank with the risk of Chargebacks, and if the Merchant in the meantime went out of business then it can be difficult to come back to the merchant and claim the los.

While above made a “hole” for fraudsters in the Merchant Acquiring business, then Visa and Mastercard set forth regulations for Acquiring Banks  and Payment Processors to protect them self from conducting business with several business constellations and products and services which are allowed to be sold.

For instant some of the well known high risk segments are Online Gambling, Pharmacy business, Adult Entertainment and Sports Betting websites. Those, are complicated to place due to several fraud incidence in the past and for the pharmacy business while it is often the case they are selling controlled drugs or replicated medicine.

While you decided to start accepting credit card payments on your website, I would suggest you to write down a brief description of your business, how you will handle your orders, which you will go and sell to, which countries, and of course if your services or products need a license then attach it. Submit everything to the Payment Processor, ISO or who you want to open the account with and let them deal with everything. You will often be able to get a Approval or Decline within 48 hours, if your application declines, you will get information about why, that enables you to make corrections to your business case an resubmit it to another Merchant Acquire.

For more information or to find out if your business can become a Merchant Account, please apply your business at  cclogic.com

We are proud to be a company that offers payment solutions, as accepting credit card payments online. We merge modern technology with knowledge and understanding in our field. Our products are valuable to private organizations as well as local authorities, and come with full support and guidance from our highly qualified team.

Basically, we offer a gateway for merchants , which is fast and simple in use. With our resources it is very simple to accept credit card payments online. All the transactions are safe and we always guarantee discretion from the start to the end of a procedure. Our services do not just cover this. Here is a list of the other products in our expertise:

·         Payment Gateway

·         Merchants Accounts

·         Virtual Terminals

·         Credit Card Fraud Detection Service

·         Consultancy Services

·         Partner Projects including:

Affiliates Program

Reseller Program

Private Label Gateway

Integrators

·         Customer Support

Payment Gateway - is a very powerful gateway solution that will provide you with:

·         All you need to run a lucrative e-commerce business.

·         A payment gateway that is a strong and secure and allows you to accept credit card payments online.

·         A system that is easy for medium sized as well as large companies.

·         Total power over all your transactions and printing your own statement.

·         A powerful system that lets you deal with several Merchant Accounts on a single server and install different clearing banks at the time.

·         A system that allows payments in any currency of choice.

Merchant Account – With the merchant interface you can:

·         Control transactions.

·         Observe transactions.

·         Get summaries, graphs and more. The merchant interface is a secure website that you can enter from anywhere with an Internet connection.

Virtual Terminal – Our Virtual Terminal software:

·         Allows fast manual processing of mail orders and telephone orders in a secure environment.

·         Is desktop application that allows use without browser and logins. This is to avoid online insecurity. Read more about our Virtual Terminal software here.

Consultancy Services – Cclogic.com Consultancy is for those are looking for advantages from the knowledge of our team and business. We can help you if:

·         you want to set up your own payment service provider.

·         you need insider information from the sector.

·         you need to plan how to deal with different complicated aspects of this industry such as risk management, due diligence and compliance.

·         you need tools to manage your business.

Partner Projects – Cclogic.com offers an unparalleled range of prospects for partners, and we are always looking for chances to expand our business. We offer:

·         a generous affiliate scheme where you can earn commissions from link backs and sales.

·         An excellent reseller program that connects your gateway to Cclogic.com. This means that you will make use of our experienced team, have the wide range of banks with which Cclogic.com is already connected and you will be able to start up your payment service provider business. You will have access to the advanced and recently developed anti-fraud system (VFraud) which you can offer your merchants as additional security. This is your opportunity to get started easily or to expand your existing PSP, ISO or MSP business.
As a reseller and Cclogic.com contractor, you will automatically join Cclogic.com’s affiliate program. Pass on a new or existing business to us as payment service provider, merchant service provider or independent sales organization and you will earn 45% commission for every lead that ends up as a contract. You see! We wish to make every effort to help you make good earnings while working with Cclogic.com.

·         Private Label Gateway – The private label gateway at Cclogic.com allows you to start accepting credit card payment fast and secure. We currently have two solutions; online or to install the Gateway Program on your computer.

Customer Support - Cclogic.com provides:-

·         Absolute support for all our products, 24 hours a day, 7 days a week, 365 days a year.

·         Guarantee that we will look after your needs at all times, and supply many routes for support if required.

Press Releases and Current News – Cclogic.com provides:

·         a library of resources relating to the business

·         information to keep you abreast of relevant current news.

As you can see we are more than just a payment solution company that allows you to accept credit card payments online.  We offer an complete service of support and resources, which allows you to deliver the best service to your customers. We also keep you up to date with what is going on in your particular business area. We are sure that you will be very satisfied you choose us.