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"We founded the company with one basic premise - to help our clients protect their payments and boost their profits."
—Matthew Katz, CEO and Founder
Prevent and resolve costly chargebacks, increase your billings, build brand loyalty, and process your payments end-to-end with secure and easy-to-use technology.
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Your Partner in Success
Trusted by emerging companies to the Fortune 500, Verifi works with a wide range of industries, including top omni-channel and e-commerce merchants to maximize payment yield across the entire transaction lifecycle.
With a merchant account, you are setup to sell your products and services from your website or in person. Accepted payment forms include:
There are four ways for accepting payment information, swiped, tapped, keyed and dipped:
Owning and operating a merchant account comes with a number of responsibilities on your behalf. It is very important that you abide by the rules and regulations set out by the credit card companies you are working with. Be aware of these rules and regulations. Failure to do so can result in your business being placed on a MATCH or TMF, Terminated Merchant File list and once this happens it is very hard to get approved by other payment methods.
There is a range of different fees associated with merchant accounts. These fees vary based on the type of account you have, the transactions you’ll be accepting, and your merchant account provider. Make sure you review and discuss all these fees with your merchant account provider
Contact your desired acquiring bank or alternative provider of merchant accounts and begin the application process. Below we have provided a list of documents frequently requested.
Please note, the documents may vary from bank to bank or alternative provider of merchant accounts. For example, you’ll likely need to complete an online application form and provide information about your business including business start date, sales volumes, contact information, and signature details. Please ensure that you thoroughly understand what you need to provide. (Any errors can delay the processing and opening of your merchant account.)
A payment gateway allows you to accept online sales and to charge your customer’s credit, debit, gift cards or checking accounts. The payment gateway operates behind-the-scenes and is invisible to your customers.
Similar to a standard swipe machine, the payment gateway processes and validates the payment, ensuring that the card, and payment information is valid.
To be most effective, it makes financial and business sense to use a payment gateway that supports all of your global payment processing needs. This allows you to accept purchases worldwide and gives you a truly global digital presence. Verifi’s strong support for all major domestic and international processing payment gateway networks empowers you to ensure uptime and protect revenue while minimizing processing costs through intelligent and flexible transaction routing.
Make sure you’re using a payment gateway that does the following:
Definitely browse our Knowledge Base and use our comprehensive collections of articles. Don’t hesitate to contact us with any questions you may have.
We understand it can be overwhelming to try to understand all the details associated with online sales and processing. We don’t want you to have any lingering questions or doubts. Our Resources section will provide you with the information you need to set you apart from your competitors.
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