There are many categories for merchants of all type. Literally if you go into the details of these various classifications there are over thousands. One such classification is High Volume Merchant Accounts for businesses that are process over their monthly limit consistently. We cater to high volume credit card processing businesses because we have a unique program that allows companies to process unlimited volume with no restrictions and no volume cap.
In retail face to face setting, a larger monthly volume is not considered high risk as most processors would prefer this. The added risk comes to play when companies are conducting business online or over the phone. Businesses that tend to process large number of transactions per month is typically membership services, online pharmacies, tobacco related products and much more. Some of these companies opt for ACH processing to process payments from their customers as this lower merchant rate.
We have over 7 years of experience underwriting and approving these types of account. We understand the business and we know not every business is the same as we live in dynamic economies all over the world. The infrastructure involved in processing payments to accept MasterCard, American Express, Visa, Discover, and other card types is complex as it involves exchanging information between a wide number of parties and participants. With more parties comes an increased possibility of technical problems. We have systems in place to reduce errors as there are literally millions of transactions being processed by our system on a daily basis. We have customer service personnel available around the clock to provide support to our merchants at all time. This is one of the main reason why thousands of businesses have selected Menexis to have us take care of their merchant services needs.
Even if you are a business that has an unusually high ticket size, we can work with you. We are in this for the long haul and that is how we build our relations with companies through the years. We offer industry low rates and competitive prices. We make sure that you and the customer data is safe and secure which is why we have the highest level of Secure Sockets Layer (SSL). We don’t stop here because information and data has to be physically secured from intrusion and theft and we safe guard our servers with armed security guards 24/7.
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