Mobile Payments

Mobile payments typically involve using a mobile device, such as a smartphone or tablet, to make payments for goods or services. This can be done using a mobile wallet app, such as Apple Pay or Google Wallet, or by scanning a QR code at the point of sale.

Mobile payments are generally considered to be secure, as they use encryption and other security measures to protect sensitive information. However, as with any type of payment, it’s important to take precautions to protect your device and personal information.

The acceptance of mobile payments varies depending on the merchant, so it’s always a good idea to check with a particular business to see if they accept mobile payments. Many merchants, including major retailers and fast food chains, have begun to accept mobile payments in their stores.

To get started with mobile payments, you’ll need a smartphone or tablet that’s compatible with mobile payment systems, and then you’ll need to download a mobile wallet app and add your credit or debit card information. This can usually be done directly from your device’s app store.

There may be fees associated with using mobile payments, depending on the mobile wallet app or service you are using. Some apps or services may charge transaction fees, while others may charge monthly or annual fees. It’s a good idea to review the terms and fees associated with any mobile wallet app or service before using it to make payments.

Easy Pay Direct specializes in high risk payment processing but we also work with mid risk and low risk companies.

Here is a short list of some business verticals we service:

“High Risk” is a banking industry term. It’s important to note that there are many business models that are seemingly low risk, but fall into the high risk category.

There is nothing wrong with being considered high risk and there are many factors that contribute to risk.

When a consumer buys an item with a credit card, they are given 6 months from the date of receiving the item to dispute the charge.

If your business is no longer operating, who do you think has to refund that money? The processor. This is where risk is created.

Certain businesses, marketing models, and industries have a higher rate of chargebacks, where they get labeled as high risk.

Even if your business is perfect, has never had a chargeback, and operates 100% “by the books”, you could be labeled high risk if you’re business or industry falls into a high risk category.

There are 3 main reasons a business can be considered high risk.

1. The business has a greater chance of chargebacks occurring
2. The business model may be new or legally regulated
3. The business accepts a high number of card not present transactions (over the phone, email, eCommerce)

At this time Easy Pay Direct offers merchant account services for the USA and Canada. We are always working to expand our areas of processing and hope to serve a greater area in the near future.

We have worked with many new brands and start-ups to get them approved and running. However, banks like to see a long history of transactions and an established history with a merchant before approving them.

But, that does not mean we can’t get you approved. Reach out to us today and we will walk you through your options.

Once all of the necessary documents have been received, it typically takes 1-4 days to get approved.

Occasionally accounts can be approved in less than 24 hours, our team will work as quickly as possible to get your account up and running.