is acting as billing agent opens merchant account
and collects the funds
Our company was set up as business entity. Since liaison with financial institutions presents such a sizeable part of launching successful business, two tier structure was identified by stakeholders as optimal for addressing differing sets of tasks and responsibilities.
It goes without saying that Financial Institutions are bloodline of any eCommerce business. Presenting clients with ability to effortlessly deposit funds into their accounts without leaving comfort of home is crucial. Obviously, the wider the selection of payments presented by merchant – the easier for them to convert visitor of their website to customer.
Besides the traditional credit and debit cards, online spending these days is largely driven by emergence of E-Wallets. Clients are allured by functionality allowing them to store funds that can be spent on variety of options in virtual account requiring only easy couple touches of a button access not only from computer but from mobile devices.
All the while, payment backbone of the merchant should be extremely reliable and able to withstand rising Internet security threats.
Multiple integrations of payment providers and E-Wallets should be functioning with minimal chances of disruption or breach.
Company possesses an adaptable platform of financial instruments and applications for catering to market needs. Thus, it has efficient tried and tested processes which can be adapted to any new challenges which may arise in the ever changing niche of payment processing operations.
When adding a new market to operate from, our company is required to quickly adapt to regional specifics and learning payment preferences. Company will strive to leverage best practices and appropriate work tactics to establish a learning curve and achieve an optimal level. Nevertheless, the team which is being carefully chosen to blend industry knowledge with understanding of the regulations and the clientele demands is expected to turn this weakness into an advantage.
Growing global market trends indicate that opportunities are ripe. Therefore, our company could enter a market that is poised to foreseeable growth in case proper strategy and positioning are adapted.