MOTO Merchant Services Accounts Now Offered by MagicPay

MOTO Merchant Services Accounts Now Offered by MagicPay

Florida merchant services provider, MagicPay, to start offering high ticket MOTO merchant services accounts for MOTO merchants.

Introduction

The small Florida based merchant services company, MagicPay, has announced Monday, June 2nd, on the offering of higher risk MOTO merchant services accounts. The new solution is believed to bring more flexibility to MOTO (Mail-Order, Telephone-Order) merchants by providing them with the ability to accept high ticket transactions on a virtual terminal. As other merchant account providers may limit the amount allowed to process on MOTO accounts, MagicPay brings a new, flexible and reliable solution that would make payment processing easier, quicker and safer for MOTO merchants.

MOTO Merchant Account Services

MagicPay has been known for its continuous efforts in making a variety of options available to its merchants. From high risk solutions, to its free marketing software, the offering of ePNMobile and the free equipment placement to retail merchants. As the company keeps growing it realizes the struggles some merchants are going through with their current merchant accounts and tries providing quick and reliable solutions to these merchants.

This time, MagicPay’s management team has realized the need for a MOTO merchant account that has no limits. Many merchants are struggling with restricted MOTO merchant accounts that limit their monthly and daily volume and ticket size. These merchants usually have to find an alternative for accepting high ticket transactions from customers. The new solution would solve the ongoing concern merchants used to have and provide them with the ability to process a high ticket payment on a virtual terminal.

Security and Fraud Prevention

Aside from keying in transactions on a MOTO merchant services accounts, merchants have the option of using the electronic invoicing option on the terminal which provides greater security for MOTO transactions. The electronic invoicing option allows merchants to send an invoice to the customer, from that invoice the customer would be able to input their credit card information and complete the sale. This way the transaction is now called E-Commerce and not MOTO, allowing the merchant to use additional fraud prevention tools such as Verified by Visa and MasterCard Secure Code.

Conclusion

In conclusion, MagicPay Merchant Services has been continuously working on providing a variety of payment processing options to all types of merchants. The most recent update being the new and optimized MOTO merchant accounts, allowing MOTO merchants to process high ticket transactions on a virtual terminal and providing them with fraud detection tools that would help protecting their business. For more information please visit MagicPay’s official website at www.MagicPay.net