A familiarize new, the high-risk industry finds the right banking partner for your Bitcoin Merchant Account which is challenging. It is easy to find out the right solution.
HighriskGateways.in is a global leader to provide merchant services with a high-risk quality Internet merchant account at excessively competitive rates. The right solution provider offers trusted domestic & offshore banking partners. The best solution provider helps to establish such accounts along with saving company expenses on processing fees.
What is Bitcoin exactly?
Indeed the most discussed financial news over the last 10 years, Bitcoin is digital, peer-to-peer currency which was founded in 2009 by the people known as Satoshi Nakamoto. Bitcoin is mined by solving a complex mathematical algorithm on a desktop & which is found in blocks. Bitcoins are stored, sent & received. Bitcoin Merchant Account includes the beneficial aspects which are easy, individual-to-individual transfers, no credit/debit card or PIN use, convenient storage over your desktop or smartphone & public, traceable transactions which help you to detect fraud.
How you can get a Bitcoin Merchant Account?
You need to speak with a merchant account manager by visiting the website dealing with Bitcoins. You need to know about the industries which deal with bitcoin. The right solution provider offers the following solution for the merchants who look for a bitcoin payment processor.
OFFSHORE BITCOIN MERCHANT ACCOUNT (WITH PAYMENT PROCESSING HISTORY)
• A minimum of 6 months of processing history available with the company name which shows chargebacks, refunds, returns & the total number of sales.
• Six months of business banking statements available
• Approvals: 10 business days to 2 weeks
The approval takes time for such a risk taken industry.
Getting the Approval for any of the Bitcoin Merchant Account solutions which the merchant account provider offers can take anywhere from five business days to two weeks. Approvals are determined upon the following factors:-
• The type of Industry
• Merchant’s payment processing history
• Acquiring Bank with which you can match up your business
The right a solution provider is always there to help you out to offer with a quick approval but the banking partner provides with the approval at a longer duration of time as it holds a lot many files at the same point of time. Rest everything is assured that the expert merchant account provider will do everything possible to get your business approved within a short span of time.
You need to walk through step by step procedure by filling the application form.
Can you receive a payment gateway dealing with Bitcoin Merchant Account?
The Approving Bank provides a gateway solution that involves a merchant account used for expanding the business. The right solution provider deals with trusted banking partners who offer a safe & secure payment gateway for all the transactions. With this, you can easily connect the bank’s API to your website upon the approval.
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