High-Risk Merchant Application Approval: Step-by-Step Guide Any business that wants to accept credit and debit card payments needs a merchant account. Without one, you can’t accept payments. In this blog post, we’ll guide you through the essential steps to increase your chances of merchant application...
A high-risk merchant account is designed for high-risk businesses. If you don’t know your risk level, our guide below will help you understand better. Business owners in high-risk industries face unique challenges when seeking payment processors. Knowing your options opens doors to reliable merchant services...
Your business loses money every time a customer’s payment fails. High-risk merchants in particular watch potential sales slip away because card networks decline legitimate transactions. You can reverse this trend and increase your transaction approval rate within 30 days. If your business processes $20,000 monthly...
Payment processing costs climb year after year, and there’s nothing merchants can do aside from watch. Interchange rates and card network rules changes as often as any other Terms of Service. But in this case, business owners cough up more money for unchanged features. In...
Visa’s Acquirer Monitoring Program (VAMP) reshapes how payment processors track fraud and disputes. Merchants need to understand these new rules to protect their businesses from account closures and costly fines. Visa VAMP consolidates fraud monitoring into one comprehensive system that tracks every fraudulent transaction against...
The California Privacy Protection Agency just dropped its biggest hammer yet. Tractor Supply Company faced a record-breaking $1.35 million fine for violating the California Consumer Privacy Act (CCPA). This marks the largest penalty the agency has ever issued. If you think your business might be...
