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MOTO credit card processing |
Outbound calling
Outbound calling is one of the most effective means to advertise a business. Outbound calling or telemarketing companies are considered high risk merchants because they solicit directly to the consumer. Most of the time, the call center has no retail location.
A MOTO merchant account will allow the outbound calling / telemarketing merchant to accept credit cards for payments on purchases. There will be no need to purchase software as our merchant accounts include a live Virtual Terminal that can be accessed through a secure internet connection. The merchant will then log into the gateway with a unique username and password. From there the transaction is then key-entered into the system.
Inbound Calling
StradaFee works with several acquirers providing Offshore Merchant Accounts in Europe, Caribbean, Canada, Asia, Middle East, Panama, Romania & UK. Offshore Merchant Account set-up takes longer because Visa and MasterCard regulations prohibit cross-border acquiring without a legal presence in the same jurisdiction as the underwriting bank. This means that in order to get an MID issued the merchant must form an offshore corporation in the same country as the bank. The merchant must first apply for the offshore merchant account and get an approval with a processing agreement with rates, reserves, etc. And then form an offshore corporation. Offshore Merchant Accounts have higher transaction costs and reserves, but allow more business types and unlimited sales volume.
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