Alternative Merchant Processing has the understanding and technology infrastructure to handle online credit card processing for online apparel companies. Having worked with thousands of retailers (both physical establishments and online retailers for years), we have successfully implemented integrations and have our merchants accepting Visa, MasterCard, American Express and Discover in 24-48 hours after receiving a complete merchant application.
In the ecommerce world, the success of your business largely depends on the ease of credit card processing service that you provide to your customers. Apparel industries encompass the design, manufacturing, distribution, marketing, retailing, advertising, and promotion of all types of apparel.
Why is apparel considering high risk for payment processing? Typically, a start-up online apparel company must have inventory to quickly ship merchandise to its customers. Many new apparel companies may have “just-in-time inventory controls” where they wait to bundle many customer orders before placing its order with its factory. Online apparel distributors and manufacturers find themselves in high risk situations with the large amount of liability and responsibility to manager orders, inventory, holiday bursts of increased demand, and business cycles throughout the year. The reason for high risk is that if the apparel company is not well-capitalized, there is cause for the business to go bankrupt and thus the payments must be returned to the cardholder.
Alternative Merchant Processing has worked with thousands of start-up and established apparel companies and our risk underwriters and managers are comfortable with payment processing for the apparel industry. We are prepared to provide our merchants with an online merchant processing solution that ensures all of your high risk processing needs.