SoarPay offers credit card processing solutions for accounting and tax service business.
Why We Proudly Offer Solutions for Accounting and Tax Service Businesses (When Many Other Processors Don’t)
Individuals and businesses often need accounting and tax services, which makes it a fantastic industry for entrepreneurs with accounting and tax knowledge to service. Unfortunately, many processors hesitate to accept all the various types of businesses offering accounting and tax services. This is for three primary reasons:
- First – Many accounting and tax service businesses may want to offer services and process credit cards over the phone or online. These “card not present” transactions present a higher risk profile than some processors and banks are willing to work with.
- Second, accounting and tax businesses have a moderately high chargeback rate, due to some customers being frustrated with not getting tax refunds they expected, or feeling they owe too much in taxes (situations often completely outside the control of the tax business).
- Third, some businesses offering accounting and tax services may sell software, or other associated tools for accounting and taxes. A smaller number of these are “bad apple accounting businesses” that don’t have licenses to sell software, or commit other types of fraud and give the industry as a whole a bad name.
Due to these three risks, many merchant services providers decline to accept any tax or accounting business, whether they operate as an online store, a physical retailer, or even a manufacturer, wholesaler, or distributor.
Soar Payments, by contrast, has consistently offered solutions for the accounting and tax industry since our founding. Our extensive relationships with credit card processors and sponsor banks who have the capability to underwrite regulated industries, in addition to our integration of chargeback and fraud prevention software, uniquely positions Soar Payments to provide retail and online businesses with stable, effective, long term credit card processing solutions.
Frequently Asked Questions for Accounting and Taxes Credit Card Processing
What types of accounting and tax service businesses do you service?
Soar Payments offers merchant processing solutions for a wide range of retail, eCommerce and mobile-based businesses related to accounting and tax services. These include your typical brick-and-mortar CPA professionals operating in offices, as well as online businesses offering virtual accounting or tax services. We also work with a wide variety of businesses that offer accounting and tax solutions in addition to other financial services, such as business planning, credit repair, and more.
Is Soar Payments compatible with my existing POS (Point Of Sale) or accounting software?
Established tax and accounting businesses may have a preferred software platform they use. Because Soar Payments works with most major payment gateways (including Authorize.net, USAePay and NMI), our tax and accounting merchant accounts integrate with most popular software suites.
Do you accept businesses that sell accounting and tax software?
Soar Payments may be able to work with your business directly, or provide you with an alternative solution depending on your type of business. One issue is that if you are selling software, you must be able to present certification that you are a valid reseller. This is due to fraud concerns.
Other Questions? Call: 1 (888) 225-9405
Types of Accounting and Tax Merchant Accounts
A retail merchant account for accounting and tax services enables businesses to accept face-to-face debit and credit card payments via a traditional credit card machine or point of sale system.
Ideally suited to an office or retail setting with reliable internet access, retail apparel credit card processing accounts typically have the lowest chargeback and fraud risk and as a result are afforded the lowest credit card processing pricing.
A mobile merchant account for accounting and tax services enables your business to accept face-to-face credit and debit card payments via a swiper (included with each account) that plugs into your mobile phone or iPad.
Appropriate for businesses that frequently conduct face-to-face sales outside of a traditional office, such as very small accounting and tax service businesses, mobile accounts are priced similarly to retail, due to their lower chargeback risk.
Also called a payment gateway merchant account, a virtual terminal enables businesses to accept payments over the phone, via mail, or typed into a computer (without needing outside equipment). They also have invoicing solutions which allow the merchant to email an invoice to the customer, which they can pay online.
A accounting and tax services payment gateway account is ideal for businesses that accept payments over the phone, or via mail order. Virtual terminal payments are particularly vulnerable to fraud, therefore Soar Payments offers integrated chargeback protection.
An eCommerce apparel merchant account allows you to accept credit card payments via your website’s online shopping cart, or checkout page.
Our eCommerce credit card processing accounts integrate seamlessly with most major payment gateways and shopping cart software, making setup simple. Online tax and accounting service payments are vulnerable to fraud and chargebacks, consequently, we offer pre-integrated fraud protection technology.
Our Personal Guarantee
- Instant Online Quote. When you submit your application, you’ll get an instant price quote to DocuSign. No offline paperwork, no faxes, no waiting.
- Industry Minimum Pricing. You will automatically receive Industry Minimum Pricing in your online quote. No more frustrating haggling with sales reps.
- USA-Based Customer Support. When you call or email, you’ll always speak to our friendly support team, based in Houston, TX.
How Does The Application Process Work?
Step 1. Apply Online
Complete the online application process (it takes 5 minutes). Click here to begin.
Step 2. Get An Instant Quote
You’ll instantly receive a quote with Industry Minimum Pricing to DocuSign.
Step 3. Start Accepting Payments
Our Houston based Customer Support Team will help you get set up, fast and easily.
Our friendly Customer Support Team is standing by to approve your application:
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