Services of Alcohol Merchant Account

Finding a reliable payment processor for the alcohol business is a very daunting task. Whether you have a retail bar or manage a wholesale business of selling wine, beer, and liquor. You need an alcohol merchant account for your alcohol business and to get this merchant account you have to go through some hassle to find a merchant account service provider which will fulfill your company’s needs. Some merchant account providers stay away from the alcohol industry because this business comes under the category of high risk merchant account. With a merchant account, you can accept debit cards, credit cards, ACH, and gift cards online, in-store, or over the phone with a payment gateway provided by merchant account providers to your customers. 

Services:

Accept Credit and Debit Cards Online

Selling alcohol online contains more risk because you can’t verify the buyer’s age and each state has different laws. But when you get your alcohol merchant account with the best provider then your processing rates can be minimized. Nowadays every merchant account provider uses the latest technology and software such as age verification software for alcohol business. This software name is AgeChecker.Net which verifies a customer’s age before processing to the payment gateway, for protecting your alcohol business from underage sales. 

Accept Payments Over the Phone

Just like above, accepting credit card payments over the phone can be risky because of underage sales and other regulations. The best provider will ask for AVS( Address Verification Service) and CVV(Card Verification Value) for online transactions, so you can check that your buyers are real cardholders or not. And some providers support fraud and chargebacks prevention which confirm buyer's identities upon the time of delivery so can be safe from excessive customer disputes. And with virtual terminals, merchants can log onto from any internet usable device to take phone payments. 

In-Store Card Processing

Alcohol business faces rushes, sometimes of the day, over the holidays, and especially on weekends. The most complicated thing you want is a drown-out payment process that detracts from your customers' service and age verification problems. If you sell good products at great prices but still aren't able to sell more or accomplish your sales target then with an alcohol merchant account you can provide a fast and reliable payment gateway to your customers by which they can make payments fast and hassle-free.