Watch Stores credit card processing and payment acquiring
Watches have become the most popular fashion accessories. There are different types of watches, from luxury brands such as Rolex to smart watches such as Apple Watches. There are online watch stores that sell all these different types of watches and have them available for delivery. The following article covers how Paytriot can support those businesses who sell watches online.
Fitness watches are also on the rise, with brands such as Fitbit changing how watches are used. They are installed with heart rate monitors and step counters; this helps those in their fitness journeys. There are also apps that are connected to people’s watches, allowing them to monitor their sleep.
For those who are on a fitness journey, this is a useful tool as its tracking tools allow progress to be seen. There are now more and more people taking fitness seriously therefore making the demand for these watches high.
Apple are seen as the market leaders when it comes to smart watches because they are able to develop software and apps that allow them to mirror their popular iPhones, with the newest model of the apple watch even allowing for blood oxygen levels to be monitored, this is viewed as one of the biggest advancements in the watch market and is perceived as a game changer.
Luxury watches are typically gifted to people and come in at prices over £1000, however they are known to hold price or in some cases, increase. Watch collectors will purchase these as they can be rare and have unique designs and styles. Luxury watches are worn on special occasions such as weddings and birthdays because they are fashion accessories alongside suits and dresses.
Antique watches are also sold online and are valuable because they are very different to modern day watches, therefore making them a fashion accessory as not many people have them. They are often auctioned but can be purchased online with second-hand watch sites taking these watches on and generating high turnover for them.
Those who sell watches online will require merchant services. We can process payments for credit and debit cards, and these payments are blocked through our 3D secure system. Credit card processing can be hard to find for those selling watches online due to their high transaction values, however we specialise in these businesses.
Paytriot will then acquire these payments on your behalf and release them to you within a few days. You can see all payments made by customers on our payment gateway.
Who are Paytriot Payments?
Paytriot Payments is a UK based payment provider that provides merchant services to businesses looking to accept payments online or over the phone based in the UK and Europe. Paytriot is regulated by the Financial Conduct Authority (FCA) in the United Kingdom and is listed with Visa and MasterCard to process card payments directly.
Our team has gained years of experience in multiple sectors in the industry and would be able to fully understand your business model whether your business sector is in a complex low risk or high-risk industry.
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