Drop Ship Merchant Account

Building, launching, and managing your own dropshipping website is one way to generate an income stream when you do not have the space to store any inventory. While entering the dropshipping business is appealing, it is important to understand what success within the industry entails and how to get started. Seeking credit card processing for drop shipping is one of the biggest steps you can take when starting in the drop shipping industry.

Why Owning a Dropshipping Business is Extremely Beneficial

Launching your own dropshipping business is a great way to generate an additional stream of income for yourself. With a dropshipping business, there are many benefits that do not come with owning a traditional business, such as:

  • Inventory: With a dropshipping business, you are not required to stock and manage your own inventory. Instead, choose from an array of products to stock in your eCommerce store with just a few clicks. A dropshipping business earns a percentage of each total sale and is not required to manage or replenish inventory.
  • Shipping: Most dropshipping businesses are not required to ship the items they sell to customers. As a dropshipping business owner, take advantage of having access to direct manufacturers or warehouses that stock your current products. Manufacturers and warehouses are responsible for shipping and tracking each item you sell on your website.
  • Automation: Once you have established your business and brand, utilize automation to keep generating sales as you pivot your focus. Focus on building additional businesses or on expanding your current dropshipping business with automation tools and solutions in place. Use automation to generate sales, keep track of inventory, and provide you with in-depth and comprehensive data reports.

Pitfalls That Make the Drop Shipping Industry High-Risk

Some of the most notable reasons why dropshipping merchant accounts are not approved or are later terminated by traditional payment processors such as Paypal, Braintree, and Stripe include:

  • Fraudulent Charges: Industries that receive an overwhelming number of fraudulent reports or charges are considered high-risk by most payment processors. Be sure to keep track of fraudulent charges you receive on your dropshipping website before applying for a merchant account. The more data and information you have available to share, the easier it is to gain approval for your account.
  • Chargebacks: If your industry has a chargeback rate of more than 3% it is likely considered "high-risk" by most payment processors. This is common in the drop shipping industry because of less than perfect customer service and refund policies. However, there are ways to reduce this so that your percentage is within your bank’s supportable businesses.

Using a dropshipping payment processing service is a great way to ensure you have the ability to process card payments for your company and online storefront. But with it comes a struggle to stay compliant with your acquiring bank. The risk factor makes this journey harder, but it doesn’t have to be. Look instead to a high risk payment provider that is used to the industry type. Don’t risk your drop ship merchant account for no reason.

Benefits of Using High-Risk Merchant Services for Drop Shipping

Using credit card processing for drop shipping provides an array of benefits. By using merchant services for drop shipping you are enabling yourself to accept credit cards of all types as payment options. This opens up your ability to make money and grow your company. Once you have applied for and received the high-risk merchant account you desire, enjoy the following perks and advantages:

  • Quick Payments and Deposits: Rather than waiting days for your payments, receive payments and deposits much quicker.
  • Integrated Gateway: Take advantage of a seamless payment gateway that looks and feels like it is completely yours. This makes it easier than ever to accept credit and debit card payments from your customers online.
  • Pricing: Whether you are launching a brand new startup or building the online presence of an existing corporation, we have you covered. Enjoy our flexible and competitive pricing that is suitable for just about any budget. At PaymentCloud we have free rate review procedures to ensure that we can meet or beat your current rates.
  • Account Representation: Assigned account representatives are available for each of our clients, providing valuable feedback, insight, and guidance regarding your drop ship payment gateway.

Finding credit card processing for drop shipping companies is not always easy, but it is possible with enough research and thorough understanding of the market you are targeting. With the right drop shipping payment gateway, begin promoting and selling products you support and back without risk or hassle. Once you are using merchant services for drop shipping, begin selling your products without any issues. Choosing the right drop ship merchant account provider and the right market to enter can make all of the difference when it comes to generating sales and success online.

PaymentCloud Secures Dropshipping Payment Processing

We have the relationships in place to support credit card processing in the drop ship industry. It is a two way street between our banks and our merchants that garners trust and flexibility. PaymentCloud is adept at high risk accounts because of our focus on compliance, underwriting, and security. We have what your dropshipping company needs to be able to grow and scale your business through payments.

Full-Service Merchant Services

PaymentCloud is a full-service ISO dedicated to providing innovative solutions and unparalleled customer service. The merchant services field is antiquated to say the least; we aim to break out of the status quo. Our suite of innovative services was built to save you time and money.

Quick Deposits

As a business owner, you should never have to wait for access to your funds. You have bills to pay and a business to run, and we understand. That is why PaymentCloud offers next day funding for ALL card types.

Our next day benefits are great for businesses that…

  • Process the bulk of transactions in the evening
  • Process heavy volume during the weekend
  • Are located on the West Coast
  • Have daily or weekly expenses such as payroll, inventory restocking, or shipping costs

Contact PaymentCloud today at 1-800-988-2215 to learn more.

Innovative Technology

PaymentCloud is an industry leader in product innovation and cutting-edge technology. We provide our merchants with payment processing solutions customized to their business type. Our terminal selections include the latest in EMV Smartchip technology, wireless or PIN pad options, and countertop devices.

We also offer mobile processing hardware and applications, tablet POS systems, and our secure online payment gateways. Your dedicated account representative will assess the needs of your business and set you up with a solution that best fits your needs.

Contact PaymentCloud today at 1-800-988-2215 to learn more.

Dedicated Account Rep

At PaymentCloud, customer and technical support are aspects of the business that we take seriously. Each of our account representatives is rigorously trained in merchant services, product specifications, pricing structures, and technical support.

When you set up your account with us, you will be assigned one of our expert representatives who will set you up with everything you and your business needs. We want to see you succeed and strive to provide the best support that we can.

Your account representative will:

  • Assist you with filling out your application, helping you get approved quicker
  • Walk you through setting up your equipment or electronic processing software
  • Go over pricing structures as well as Visa/MasterCard rates and fees
  • Notify you when industry and/or security updates arise
  • Provide you with personalized customer service when you need it

Contact one of our specialized representatives today at 1-800-988-2215 to learn more.

Competitive Rates

We are proud to offer competitive rates for payment processing services, including highly affordable equipment leases for terminals that accept swiped and keyed-in credit card transactions.

We’ll work with you and try our best to beat competitor rates. Take advantage of our FREE rate comparisons to show just how much you could save.

Contact PaymentCloud today at 1-800-988-2215 to learn more.