Mail Order/ Telephone Order (MOTO) Merchant Accounts
Mail Order/ Telephone Order (MOTO) processing is gaining popularity in the recent days. Although, people are still very sceptical of the privacy concerns in using such a mechanism. Yet, people are flowing into the world of e-commerce every day. Hence, such processing is getting massive responses to make payment systems easier.
MOTO – A convenient system
MOTO processing helps customers to process transactions without being physically present with the merchant. Thus, you can go through few easy steps to complete a MOTO processing. All you have to do is carefully collect few information over the phone or mail from the customer and process the transaction without any hassle of card swipes or even the customer being present.
How do I get MOTO Merchant Accounts?
PurePay provides MOTO merchant accounts for e-commerce merchants with the best terms on the market and we ensure you get a bank specializing and understanding high-risk industries. So, call us today if interested in getting MOTO merchant accounts at + 00 44 20 80 89 83 35, or simply click the links below to get started.
PurePay’s solution is available for e-commerce businesses, offline businesses and more.
What costs do you have associated with your MOTO Merchant Accounts?
Fees that PurePay will charge depends on factors like Processing history, method of sales, Countries, Volume of sales, and products. In addition, all merchant accounts are unique but included terms stays the same for most:
- Merchant Discount Rate
- Transaction fees
- Monthly gateway fee
- Zero – Six-month rolling reserve (Depending on bank and risk exposure)
- Chargeback fee
- Refund fee
Why is MOTO defined as high risk?
The biggest concern with such transactions is customers not being sure of providing information. Customers remain puzzled on providing what information is safe and what not! With growing online frauds, such concerns are obvious.
Nonetheless, the merchant risks are also similarly high. The risks of frauds trying to misuse the services of a good merchant is also high.
Benefits of MOTO processing
MOTO processing can make your business run faster! Imagine having all your payments received instantly. Among its major benefits are:
- Compatible with almost all cards of all banks
- Fast processing
- Fast application approval with higher success rates
- Effective after-sales support
- Easier chargebacks and retrieval management
The benefits are evolving every other day with people realizing how MOTO processing is making our lives easier in terms of payment.
PurePay as your partner
In conclusion, now that you have a clear understanding of not only what MOTO processing is and why it is high risk, you know now understand why PurePay is your best choice to help you. We understand your needs and business like no other and we will work 24/7 for you and to get you the best terms. After that, why wait? So get in touch with us today!