is a growing an dynamic business!
No longer are merchants tied to brick and mortar locations but able to sell their products on the internet around the world. It allows people to carry out businesses without the barriers of time or distance. One can log on to the Internet at any point of time, be it day or night and purchase or sell anything one desires at a single click of the mouse.
Operational benefits of e-commerce include reducing both the time and personnel required to complete business processes, and reducing strain on other resources. It’s because of all these advantages that one can harness the power of ecommerce and convert a business to ebusiness by utilizing the services of International Merchant Processing Solutions (IMPS).
How does IMPS Processing works?
Let us with our combined 55 years experience in financial services help you grow your business.
IMPS works directly with banks in strategic countries to assist merchants to grow their business in profitable safe ways. We do not take the approach that every customer is a number but rather a valuable long term client where we take the time to understand your business and place your account with acquiring banks that are best suited for you.
||Additionally companies may want to expand their business interests and move their processing offshore for a myriad of reasons from asset protection, diversification, lower tax regimes etc.
Additionally we do not agree with the philosophy of putting all your eggs in one basket. As such we work with our clients to place their business strategically with more than one acquiring bank.
Many times we have seen merchants distraught at the prospect of losing their business as their acquiring bank has suddenly changed strategy and decided a certain business line is now too risky or your business has grown more quickly than they are comfortable with. Perhaps your business has grown too international with online sales from different countries and your current acquiring bank is uncomfortable with risk from other countries or sales in more than one currency. That is why we take the time to get to understand our clients, their goals and long term plans so we can help them achieve those safely and profitably.
While the internet has lead to an explosion of international sales and ecommerce volumes, it does not come without risks. Not being able to verify a signature, compare other ID etc. there is increased risk of use of stolen credit cards or unauthorized use of valid cards may increase. While it is impossible to catch all instances of fraud there are a number of techniques that can be used to reduce the potential for fraud and chargebacks. That is why IMPS employs the most up to date Anti-Fraud scrubbing tools in the Industry to help protect our merchants from losses.