While the procedure to get a merchant account is not very complex, businesses still find it difficult to deal with the paper work. To get a leeway from service providers’ verification steps, there are ways to accept online payments without the merchant account. We are here to offer you an intermediary solution.
You can use a payment aggregator, who will act as an intermediary. It is a basically a service that collects all online funds received on account of your website and then transfers them to the accounts of the company.
Using this method, you can accept transaction for cash on delivery and also establish electronic payment acceptance.
If you are searching for a payment aggregator for your forex payouts, here is what you should consider.
- The payment security should be your first priority. Make sure that your customer gets the necessary level of protection. Security methods include instant authorization of the customer, encryption of financial information on the internet, and special certifications.
- Flexibility of payment. The company should have a transparent payment policy. Always be aware of the hidden fees. Know about the flexibility of the recurring payments, and more.
- Whatever kind of aggregator you are seeking help from, make sure that you can connect with their customer contact system anytime you wish to.
For more information about aggregators for forex payouts, reach out to us. We will be glad to assist you.
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