Posts tagged with merchant accounts

Payovation Launches as Global Credit Crisis Affects Merchant Account Approvals.

December 25th, 2009

A natural response by domestic banks around the world to the credit crisis has been to dramatically tighten underwriting criteria. This has meant that many merchants, who would have been traditionally approved for an internet merchant account, are now struggling to gain approval.  Such a risk assessment is performed because granting credit card processing capability is comparable to providing a loan, or at least a short term line of credit. It is anticipated that many merchants classified as ‘high risk merchants’ will continue to find it very difficult to get approved with a trustworthy processing solution for the next 2-3 years.

This market tightening and intolerance of ‘high risk merchants’ has been the driver behind the launch of Payovation, a specialised online payments processor that works directly with multiple banks around the world to help merchants of all sizes and locations gain approval for a suitable processing solution.  In October 2009 Payovation performed a successful soft launch of its processing platform/gateway, which had just been certified as Payment Card Industry Data Security Standard (PCI DSS) level 1 compliant. This soft launch generated a great deal of interest in Payovation, who are now pleased to announce an official launch of their full payment services on 4 January 2010.

Payovation’s CEO, Michael Hui, announced today that, “after many months of intense global research and systems development, the owners and executive team are very excited to be officially launching a suite of secure and reliable payment services to merchants worldwide. We will be providing market leading solutions to online merchants, regardless of their location, processing volume or the goods and services sold.  Our attention to total systems reliability, fraud protection, customisable solutions and specialised risk tolerance programs will make us a strongly preferred payments provider”.

Well known Australian businessman Bruce Mathieson is the owner of Payovation and has stated, “I appointed a board to oversee Payovation’s growth and development, and both the board and I are excited by the high level of interest shown in Payovation to date, and the great service now being offered to merchants around the world.  The experienced executive management team running Payovation are well positioned to become market leaders in the online processing space”.

The Payovation gateway processing system is one hundred percent responsible for front-end authorizations, back-end settlement, and all customer support functions. This proprietary system undergoes constant enhancements, to ensure merchants have the very latest features and technology to help their business accept payments more efficiently and effectively online.  With extensive redundancy and disaster recovery hosting solutions, spread across multiple physical locations, Payovation ensures a merchant has payment connectivity which exceeds 99.99% uptime. This highly secure and stable platform is integrated with multiple banks worldwide ensuring a fully redundant and totally reliable payment service.

Advantages of Reseller Hosting

June 8th, 2009

Having a professional website is essential for every business owner who respects himself and web hosting is not an issue that should be treated lightly, especially if your site is of utter importance for the business. Although the designer of the site will be the one to make a difference, and hopefully for you, it will be a positive one, the UK Web Hosting service you decide to work with is just as important as the quality of your services, because it will stand for your business. Thus, understanding everything that matters about hosting and reseller hosting will definitely help you decide what is best for your business.

The internet is the best way of finding useful information about UK Web Hosting and unfortunately most people tend to ignore the fact that having a hosting company that focuses on services will make a difference between the success and failure of your business. Although price is an issue as far as UK Web Hosting is concerned, because many site owners don’t want to exceed a certain budget for hosting, the services you are offered are far more important, because if your site goes down you lose visitors and sales. In the online businesses time is money and you don’t want to waste your time waiting for your host to provide the necessary support.

In UK Web Hosting, you get what you paid for is completely true because reputable hosting companies will ask for a significant amount of money for their services. Although money should not be a decisive factor when signing for UK Web Hosting, it might be a good idea to make sure there are no hidden costs involved before signing the contract and that you were told exactly about the costs involved, the initial set up fees which differ from one provider to another, the maintenance fees and what they cover and the existence of any additional charges.

Reseller Hosting presents some advantages that shouldn’t be left out such as: low cost of reseller plans, outsourcing the hosting support and spending more time focusing on aspects that are vital for your business, better manageability of account since there is a single account that manages all the clients. Reseller Hosting providers can also offer other services such as merchant accounts, SSL Certificates, search engine optimization, domain name registration. Another interesting aspect is the fact that resellers can respond to a larger numbers of businesses and individuals in need of hosting services, thus asking for smaller set up fees and monthly charges.

Reseller Hosting companies represent the ideal solution for companies and people who don’t have the necessary patience, time or resources in order to take care of their servers’ maintenance and data centers. Reseller Hosting is thus beneficial not only to those who need it, but also to those who provide it and who can say no to unlimited site hosting, private name servers and a professional administration of the website, all this in exchange for an affordable amount of money. To sum up, the benefits of such web hosting are far more numerous than the drawbacks and with proper research, reseller hosting might be the solution you were looking for.

Every wise decision implies research and this is also the case withUK Web Hosting. With us, your website worries and problems will come to an end and all you have to do is give our services a try. Also, if you are looking for a cost-effective web hosting solution Reseller Hostingproviders are exactly what you need.