Web Development Merchant Account
You can build awesome websites or apps. The company you own is ready to offer its services to Internet users. But what a shame – payment service providers decline your application. That’s why you cannot open a merchant account to accept payments from your happy clients. What should you do then? Well, not give up, that’s for sure. Let’s see how we can help you!
What is web development?
Web development refers to the non-design part of the website or web application creation. Web developers deploy code or markup to build them. Web development grows fast as more and more business owners want their companies to be present online. In order to build a strong presence and cater to your clients’ needs, you need to have a merchant account with the PSP. It will let you accept payments and offer your clients a wide choice of payment methods to keep them satisfied.
Why web development is considered a high-risk business
Unlike, let’s say, retail stores, web development companies provide services rather than goods. Clients may claim they don’t like the service you’ve provided. Or that they have never asked for your service or never subscribed for a plan. We are sure you work ethically. But there are situations when customers pay for the services and never receive them. This all leads to chargebacks. Because of them, payment processor will classify your business industry as a high-risk one.
What are the core needs of web development merchants
As a web development company opens a merchant account, it might have certain requirements. Let’s move straight to them.
- Chargeback protection. Taking into account the high level of chargebacks, it’s vital for the PSP to offer a top-notch chargeback prevention solution. This ensures the web development company’s revenue stays secured.
- Various payment methods. As the web development companies are likely to have global clients, they need to provide a wide selection of payment methods. This will include not only traditional Visa and MasterCard, but also e-wallets, bank transfer opportunities and other methods.
Of course, these are the basic needs and this merchant will look for the transactions’ safety and speed, selection of currencies, etc.
Ikajo International has proven itself as a trusted service provider with over 15 years of experience and 14,000+ completed projects. The dedicated team of payment industry professionals will do its best to cater to your specific needs. Ikajo has a state-of-the-art chargeback prevention solution – Charge Advisor. By combining best AI and machine learning practices, this solution analyzes customer’s behavior and prevent suspicious activity. As a result, merchants can improve their payment conversion.
So far, Ikajo offers 100+ payment methods. This means, your clients won’t be left behind when it comes to selecting a payment solution. Add to this 100+ available currencies and you receive an amazing coverage.
- PCI DSS Level 1
- Chargebacks & fraud prevention
- API and HPP integration
- Free recurring billing
- 100+ payment methods
- 60+ proven banks relationships
- Mobile banking
- 24/7 customer support