Outbound Telemarketing Merchant Account
Outbound telemarketing merchant
accounts are classified as being high risk.
These businesses are very risky for a number
of reasons. First of all most of the
customers that are being called on are from
a list that was obtained by the merchant.
These customers have not opted into the
company that is calling on them. Most
merchants use high pressure tactics in order
to push their products or services on a set
calling list that they have acquired.
Buyer remorse is a common reaction
once the sale has been completed. Even if
the customer service representatives credit
back orders, the merchant will still have a
high refund percentage which goes to show
how risky a business is. Normally however,
most merchants will try to avoid refunding
cards and canceling sales, this will
substantially add to the chargeback ratio of
the merchant. If the customer has not sent
back the products, then the merchant is out
of the product, sale price and transaction
fees. This is why it is so important for the
outbound telemarketing companies to be
reputable and financially stable.
Outbound telemarketing businesses
will offer a number of benefits to
merchants. They will offer a virtual
terminal in order to complete manual card
orders processed over the phone. They will
offer customers the ability to purchase the
products directly over the merchant’s
website using an easy to integrate API. When
these options are offered to the customers,
the outbound telemarketing merchants will
have an increase in sales.
Offshore Merchants has been setting
up outbound telemarketing merchant accounts
since 2007. Merchants are able to quickly be
approved for a merchant account once they
have provided all of their documentation to
Offshore Merchants. Offshore Merchants
provides both; USA domestic merchant
accounts in addition to offshore merchant
account payment processing options.