Although the cost of downtime of Point of Sale (POS) systems alone has been estimated at $4,700 per minute, many retailers still have no simple fail-over solution for their stores leaving them vulnerable to frequent downtime due to such common causes as bad weather, construction incidents, infrastructure failure, and human error.
Apply for a Merchant Account
Signup for the Payment Gateway
An Internet Merchant Account is sometimes referred to as a "MOTO" (Mail Order & Telephone Order) Account because they all require the ability to process a credit card payment when there is no physical credit card present to be swiped. A standard retail "swipe" merchant account does not allow processing of these "card-not-present" transactions.
If the domestic banks are denying your merchant application because they believe your industry is considered high risk, CyoGate can help! We have an offshore network of merchant processing partners that enable us to provide low cost, high risk merchant solutions to a much wider range of businesses and industries.
The CyoGate Internet Payment Gateway offers one of the quickest and most cost effective ways to accept and process credit card and electronic check payments online. Our payment gateway works with most existing merchant accounts and supports hundreds of popular web shopping carts and eCommerce platforms.
Find out how our innovative payment solutions can benefit your business. Reach out to us for more information or to get started!
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