In the modern world, the shopping habits of consumers has changed with more people than ever choosing to buy online. This has led to an explosion in the number of e-commerce merchants offering goods and services to customers even including loans.
Businesses providing short term loans, also known as installment loans, online are commonly seen as High-Risk. However, with the expert help of JJS Global, online lenders too are able to receive Merchant Accounts with very competitive rates. There’s no reason why tapping into this market needs to be difficult. With a range of solutions to make the process smooth and efficient all the while reducing the risk, it’ makes sense to partner with JJS Global for your Short Term or Installment Loan business.
Proven Track Record
When it comes to providing financial services, you can’t afford to make any mistakes. It means every business partner or solution you use has to have a proven track record in the industry, with experience of keeping up with changing regulatory requirements.
JJS Global has been up and running since 2001 and during that time, there have been some very significant changes within financial services. As well as continuing to support businesses throughout the global economic crisis, we have met the many challenges of changing regulatory requirements.
No other company has the same depth of experience and knowledge in providing digital payment systems. Keeping up to date with the latest in technology and compliance is just part of what we do every day.
Managing Risk Effectively
Without a physical presence on the high street, it’s much easier for e-commerce merchants to quietly pack up and disappear. Therefore, managing fraud and identifying red flags is an integral part of processing.
This can be an extremely complex area and having support from your payment processor can mitigate the risk significantly. Don’t struggle with trying to manage fraud awareness entirely in-house when you can receive expert assistance with just the click of a button.
Fraud comes in many forms such as identity theft, phishing, and chargeback fraud. Your business could be vulnerable to all or any type of financial fraud, so it’s vital to remain vigilant at all times.
Look for a digital payment processing service that includes access to fraud screening features and a merchant management suite. Peace of mind shouldn’t come at a high price; we believe that managing the risk properly is just part of the job.
Enable Multiple Payment Options
Lending money to consumers requires a means of repayment too. For many, this will be accepting payment on plastic, so you’ll need a digital payment processor that’s reliable and efficient.
Although card payments may be the most common, you may find that not every business has this capability. Rather than refusing the application, partnering up with a digital payment processor, such as JJS Global, means you can consider alternative forms of payment.
One such option may be accepting e-checks, a useful payment method for those who don’t have a sufficient rating for a credit card. Echecks are quick, simple and accessible to a far wider audience which makes offering financial products far more viable. With built-in fraud protection and speedy processing, JJS Global can offer everything you need.
Applications are no longer viewed solely on the home PC; customers are just as likely to view messages and transactions on the go.
This means that if you aren’t enabled and ready with a website that is compatible with other devices, you could lose out on a significant chunk of your audience. Cell phones and tablets are just some of the mobile devices which are more commonly used.
Make sure you’re supported with secured systems that work accurately, safely and efficiently on the channels you need.
Choose JJS Global
Here at JJS Global we have all the experience needed, backed by cutting edge technology, to deliver the very best digital payment services. Guaranteeing you efficiency and hassle-free payment processing. JJS Global is the business that says yes!
It takes just a simple call to reach us at 224-535-9462 or an email to firstname.lastname@example.org to have us promptly swing into action. We guarantee that you won’t regret it.