Meeting Your Challenges

A payment solution is not just a payment solution. Your needs and challenges must be taken into consideration. Are you exporting ant to which countries? Do you experience charge back? Is your business based on recurring payments?

A payment solution is not just a payment solution. When setting up the right payment solution for your business its specific needs and challenges have to be taken into consideration. Several issues have influence on the payment solution, issues like:
•    Are you selling goods or services?
•    What kind of goods or services are you selling?
•    Are you an exporting company? To which countries do you export?
•    Do you experience charge backs?
•    Is your business based on recurring payments?

Below we have listed some typical everyday business situations. If you can somehow relate to or identify your business with one or more of the listed situations you might want to contact us as we most likely will be able to setup a new efficient payment solution or maybe just enhance your existing solution.

Picture one of these situations:

Cross Border:
Your business is sound and you are now ready to expand your operations. Next natural step is entering selected export markets. Your present acquirer can’t provide you with a genuine cross border acquiring agreement. Did you know that this is often synonymous with paying far more per transaction than necessary?
Or you are an international merchant wanting to enter the Danish market. The Danish market is subject to a complicated set of card processing rules which not many understand better that we do. For a smooth and swift introduction into the Danish market we will make sure all obstacles are being taken care of. Did you know that not many providers offer such a service?

Subscriptions – Recurring Payments
Your business bills and receives payments with more or less fixed intervals. You have been used to have your customers pay either via bank transfers, use Giro payment vouchers or even send checks. In the modern digital society the latter is about to be phased out just as some of the electronic bank-to-bank transfer methods are getting outdated both with regard to cost and flexibility. Did you know that we can provide you with a cheaper and more flexible solution that can reach all your customers no matter where they are based?

Rolling Reserve:
Most acquirers demand to have a so called rolling reserve from their new customers i.e. a certain percentage amount of the customer’s card sales is withheld by the acquirer as guarantee, Customers are often faced with a rolling reserve of say 10% and a security period of six months meaning that i.e. 10% of the January card sales is held until end June etc. For many businesses this reserve can be quite stressful as it limits their liquidity. Did you know however that we can often negotiate a smaller rolling reserve with acquirers?

Negotiation of Fees:
Two factors are essential for the size of the fees for a payment solution: 1. The transaction volume (sales) and 2. The number of transactions processed. Your negotiation power is most likely not as powerful as that of ours. We are negotiating fees based on the aggregated number of transactions along with the aggregated monthly transaction values our extended client list generates. Did you know that teaming up with us you can be profiting from this reducing your total cost?

Charge Backs:
Depending on the type of your business you may face charge backs on card sales. A charge back is when a customer regrets the buy after having paid. He then contacts his bank and having them reject the payment. Not only may this result in that your business doesn’t receive the money but it may also have a very unpleasant side effect: If your business experience too many charge backs the Card Schemes (MasterCard & Visa etc.) may choose to close down your business with regard to accepting of credit card payments. No need to say what effect on this could have on most eCommerce businesses… Did you know that we are able to enter into a dialogue between the acquirer and the business providing active advice about what to do in order to reduce charge backs in the end maybe saving your business?