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It can be difficult for business owners to be told that their business is risky. Many merchants sell goods and services that are legal, effective, and fruitful, yet credit card companies and banks tell these sellers that they need a high-risk merchant solution.
Some of the factors that are labeled a business as risky and we help with:
Merchants, who have high transaction rates, may be considered high-risk. If a merchant processes over $20,000 in payments per month, or has an average transaction of $500 or more, it may be categorized as high-risk.
If a merchant sells to consumers in countries with a high level of risk, they may qualify as high risk. (any country except the United States, Canada, Japan, Australia, and the countries in Europe).
If the merchant is new or has so little previous record, they may be considered high risk simply because they have no relevant record. On the other hand, If the merchant carries low credit, it may be considered high-risk.
While a merchant may have a flawless record, they may be labeled high-risk due to the industry they are considered to be less trustworthy than other industries.
A few general traits emerge that make merchants low-risk to payment processors. Low-risk merchants typically exhibit these traits:
Our simple application process will help you to drive a cost-effective plan for your business with our high-risk expert. It's going to save your time and frustration.
Credit card processing is complex. But Our experienced and relevant payment processing knowledge is put to use on your behalf to get your high risk business solution right away.
We are prepared to deal with the tricky highly risky world in a way that gives you peace of mind. We are going to explore your options and make sure that you will get the best possible solutions.
As a high-risk merchant, you will be subject to the same kinds of fees as others, but they may be higher. You may pay a setup fee to open your account and a fee to close it, along with per-transaction fees, terminal fees (for in-person payments), and chargeback fees.
