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A "chargeback" can ruin a business in many ways. If a customer tells the issuing bank he was not happy with the merchandise, the issuing bank will usually return the money to the customer. The merchant now needs to provide a way to get his merchandise back and pay a chargeback fee, usually anywhere from $10.00 to $50.00 per chargeback.
Preventing chargebacks can be very difficult. Merchants need to vet every transaction, but this can take up a lot of valuable time. The Quantum Gateway goes the extra mile for merchants by offering fraud prevention tools at no extra costs to the merchant.
In the virtual terminal, the merchant can choose how to scrub the transaction. The Quantum Gateway has two processing options:
By choosing the Quantum Gateway and the tools above, merchants can easily scrub the transaction within seconds. Dial Verify will save the merchant the time it would take to call the customer to verify the order. Using In some transactions, using Verified by Visa / MasterCard Secure Code (VbV / MSC), this will even prevent the "I didn't do it" / Reason Code 83 Chargeback.
By signing up today with the QuantumGateway, the QuantumGateway is available at no charge. The merchant account is only $8.00 a month with no monthly minimums and no termination fee. Most merchant account providers charge between $10.00 - $50.00 a month. If you choose us, this could save you at least $120.00 a year in just those fees alone.
Virtual Terminal |
Recurring Billing
| Quantum Vault |
QuantumMobile
Batch
Uploading |
MaxMind Fraud Controls |
DialVerify
Address Verification Service (AVS) |
Fraud Prevention Tools |
Chargebacks
Get a Retail Merchant Account with a 1.65% discount rate. No leases - free terminal. No monthly minimum and no termination fee!