Merchant Credit Card Processing Companies Reviews – QuadraPay provides payment processing solutions for companies in a variety of industries. The company is currently based in India and serves merchants from over 100 countries. Below is an overview of merchant services offered by QuadraPay:
QuadraPay helps businesses protect merchant accounts. This includes low risk, high risk and offshore merchant accounts. The company conducts detailed analysis before providing suitable business services.
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For high-risk merchant accounts, QuadraPay works with more than five merchant account providers. These partnerships provide merchants with competitive pricing, flexible solutions and secure payment processing.
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For offshore merchant accounts, QuadraPay guides merchants through a complex process. It advises them on regulatory requirements and documentation required for international jurisdictions. After creating a merchant account, businesses can process multi-currency transactions.
QuadraPay also offers merchants payment systems for payment processing. These include payment gateways and virtual terminals. These solutions also allow merchants to view transaction details in real-time and generate reports. QuadraPay also offers physical terminals for merchants with retail establishments.
QuadraPay merchant accounts and payment systems allow for multi-channel payment processing. This applies to merchants who transact online, in-store, by phone or by mail. They can process traditional payment methods like credit cards and debit cards.
Electronic checks are also accepted. QuadraPay works with four electronic check processing providers. Some merchants may benefit from same-day financing. High volume traders can expect funds within 72 hours. Another advantage is the 60-day dispute period. This is shorter than the usual 180-day period for card transactions.
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Other acceptable alternative payment methods include prepaid cards, e-wallet payments and cryptocurrency. Merchants can attract customers through these payment preferences. In total, QuadraPay allows merchants to accept more than 100 payment methods.
QuadraPay helps e-commerce merchants integrate a payment gateway into their existing website. Configuration can also be done using the API integration guide.
QuadraPay payment systems include fraud detection tools to secure payments. Another service is refund notification. Merchants receive notifications of chargebacks or fraudulent activity. That way, they can resolve disputes before they lose payment or revenue. The company charges a fixed fee for each notification.
QuadraPay does not disclose its processing fees online. It tailors its pricing plan to each merchant. This is based on business requirements, industry and risk profile, among other considerations. The company guarantees competitive rates in cooperation with banks and payment service providers. As seen on its website, it also encourages merchants to negotiate better payments if necessary.
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QuadraPay offers free account setup. Furthermore, it does not disclose other charges such as gate charges, early termination and monthly charges.
QuadraPay claims to offer transparent pricing to merchants. It can be assumed that the company does not charge hidden fees.
QuadraPay only has a few reviews, none of which seem to be complaints from existing merchants. However, there are two considerations that may be worth noting. Below is a summary of the issues encountered.
Both complaints appear to come from existing QuadraPay merchants. One reviewer says the company’s merchant service is “hard to believe.” He goes on to say that other payment processors may be better. The second complaint alleged that the company asked him to submit a review even though he was not an existing merchant.
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QuadraPay is a legitimate company in India. It was founded in 2016 by founder and CEO Bankim Chandra. Although a relatively new company, its website displays impressive credentials. First, it claims to have worked with more than 4,000 companies from 100 countries.
These include India, USA, Canada, Australia, UK, etc. In addition, it has partnerships with more than 50 global banks. The website also provides detailed information on the history and development of the company since 2016.
Outside of its website, QuadraPay appears in some PR articles related to the CBD industry. One article is also a partnership with cryptocurrency payment gateway Triple A.
The QuadraPay website has positive reviews from its merchants. Most companies are praised for their economical solutions and quick processing times. Others express gratitude for the company’s customer support. They emphasize the company’s proactive approach to increasing customer profitability.
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Apart from the website, QuadraPay doesn’t have many reviews. It has five Google reviews with an average rating of 3.4 out of 5 stars. One of them called the company the best merchant account provider. Others did not elaborate on their experiences.
Overall, QuadraPay looks like a promising addition to the merchant services industry. Its payment solutions support multiple channels, payment forms and international regions. A significant service is its payment processing for alternative methods. Its customer base of over 4,000 global merchants seems to indicate its booming business. For most small businesses, now is the time to save money. In any business there are many opportunities to reduce costs and improve profits. However, often small business owners and managers overlook expenses that are critical to business success. You never want to cut costs that affect your products, services, or customer experience. Instead, it is important to focus on controllable costs that can be reduced without sacrificing the quality that customers expect.
One extremely important area to consider is your credit card processing speed. Processing can be painfully difficult, especially when you get into the weeds of some tariff details. But understanding the basics of credit card processing can help you make important business decisions that save you a lot of money. At KORONA, we want our clients to find the best fit for their treatment and work with each of you to make this happen. That’s why we integrate with all major credit card processors and create a comparison of credit card processing rates. This way, you get complete transparency and can see exactly what you’re paying for. In this blog, we’ll look at how price comparison for your merchant services works and how it can save your small business money.
Well, just give us a call or click the button below! Whether you’re an existing customer or purchasing a new POS system, we’ll break down your current rate based on different processing companies. The goals are both to find the cheapest way for your business and to ensure absolute transparency of the price structure. Through this process, we offer our users a number of significant benefits:
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Since KORONA is not a payment processor, we integrate with all merchant service providers to process credit and debit payments for our customers. In turn, it allows you to find the absolute cheapest solution on the market. We use your current processing volume and run simulations with multiple processors to find the cheapest annual option.
Payment processors are notorious among business owners for charging additional fees and surcharges. It won’t happen on our watch. We only work with merchant services that provide full transparency to their users, meaning you’ll see what you’re paying for. There are many factors that affect your final processing speed, including exchange fees, processor fees, network fees, and more, so it’s important to determine everything for you.
As with transparency, we break down your costs by item rather than giving you a final price. Many processors offer a flat pricing structure or only charge a flat fee per transaction. While this makes it look easy, it hides the real cost that is charged for each transaction. Because your final price for a debit or credit purchase depends on a number of factors, it’s important that you pay accordingly.
And at the end of the process, you will have a solution that will save your company money. In some cases, a lot of money. For many of our customers, we can even offset the cost of your POS subscription with the savings you get from your new processing solution. While a fraction of a percentage may seem small, check out our breakdown of Square’s new processing speed to see how it can make a big difference to your total annual processing costs.
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Simply put, merchants pay for a complex service that is an integral part of their business. There are many parties involved in facilitating every debit and credit transaction your business receives. While a portion of each sale is deducted from your profit is a concern, it is a service that businesses must pay for just like any other.
So what happens during a credit card transaction? Although it only takes a few seconds, there is a lot going on.
The transaction is not just between you and the consumer when the card is used as a payment. Instead, it requires your processor, two different banks, and a large network of cards. And these parties not only process the transaction, but also ensure its security. It protects consumers from having money stolen from their accounts and merchants from accepting fraudulent transactions.
When it comes to final payments, there are many variables that contribute to the final bill. Many small businesses want
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