/24-7PressRelease/ - May 07, 2008 - Stradafee Limited is proud to be a sourcing agent for domestic and international merchants that would like to obtain a merchant account or have one and would like to better their situation. Merchants have a tough enough time today, obtaining merchant accounts. The process is similar to a credit application and in some cases, personal guarantees need to be supplied in order for a merchant to secure a credit card processing account. Online merchants and businesses that process large quantities or high dollar charges over the telephone or over the internet see increased fees and higher discount rates. Most of these merchants are placed in the "high risk" category, where the specific type of business they operate is considered an increased risk due to the fact that the charge is made where the actual card is not present. Most domestic banks place these merchants in a general category and won't budge even over time, where a steady processing history is established and the merchants have kept their chargebacks to a minimum.
While domestic banks see these high volume and high risk merchants as a bad risk for them; international banks see things differently. Today, high risk is not linked with illicit or illegal activities as it was before. To be considered high risk, you simply may be a merchant that accepts credit cards over the internet. Globally, banks have a lot of experience over the years in processing high volume, card not present transactions and most welcome the business. Stradafee Limited has had good success sourcing banks for their high volume customers. While Stradafee doesn't specialize in high risk and/ or specifically high volume merchants; they do make up a certain portion of our portfolio which will continue for years to come. As a merchant service provider, a diverse portfolio full of a variety of clients and industries is the key when considering new opportunities where the margin for error is extremely small. When it matters the most, high volume merchant accounts tend to need more intricate banking solutions. Stradafee can custom tailor a processing solution to any type of industry or size of business. We can offer a secure processing environment for our clients as well as services such as third party fraud scrubbing, virtual terminals and multi currency processing; all of which may not be offered by domestic banks even with a fee attached. As well as sourcing banks for their current and new clients, Stradafee also can offer processing packages for web hosting companies, where links are established through their customer's websites so that they can accept cards. More than a one dimensional organization, Stradafee Limited is constantly looking for new ways to serve their clients and gain more experience in new markets where opportunities for new and existing clients loom. If you are a merchant and would like more information on Stradafee Limited; please visit us on our website at http://www.stradafee.com. We know you have many options when it comes to your credit card processing solutions, thank you for considering us.
Stradafee is a leading international payments company based in New York. Stradafee is a retail and electronic payments provider specializing in ecommerce and Internet merchant account solutions. Stradafee also offers high risk merchant accounts and offshore merchant account options. Stradafee can help businesses of all industries and sizes. For more information on credit card processing visit http://www.stradafee.com.
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