In fact, even many of the International high risk merchant accounts will not underwrite online technical support companies.
Online technical support businesses find it very hard obtaining a payment solution in and out of the United States.
The industry has been penalized and declined a few times by some major processing banks to the fault of some unreal companies claiming to provide online technical support.
Due to an FTC investigation in 2012 that shut down and/or fined numerous online technical support companies, US banks no longer provide merchant accounts or credit card processing services to businesses that provide online technical support.
Many merchant account providers do not understand the issues surrounding this industry and will provide a merchant account that will eventually be terminated, which is not only highly disruptive to any business, but it also makes it more difficult to qualify for a merchant account in the future, since the termination would have to be disclosed on future merchant applications. So, what’s a merchant to do?
This is a pretty basic question, and the answer is pretty simple… apply with a merchant account provider who understand the unique needs of tech support companies and their customers.
Mount Hood Payments offers merchant account and credit card processing solutions for Online PC Support companies under its high risk program. Reasonable pricing, great customer service and fast approval has made this program one of the most convenient solutions for domestic and offshore Online PC Technical Support businesses.
Merchant Program Benefits:
24 – 72 hours approval
Low Monthly Fee
No setup fee
No Application Fee
Online Payment Gateway
Shopping Cart Integration
Fraud Prevention Tools
PCI Compliance & Security
24/7 Customer Service
Contact us now for a free consultation and start processing within 48-72 hours!