Category: HIGH RISK MERCHANT ACCOUNT
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What is a High-Risk Merchant Account? Your Complete Guide to Payment Processing for High-Risk Businesses
Payment processing is the spine of any business. One of the most important decisions and business owners will make involves setting up the right payment processing. While many entrepreneurs focus on products, marketing, and operations, they often overlook merchant accounts. Any and every business requires one, but some require specialized high-risk merchant accounts. Is your…
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Accept Payments Faster with High-Risk Credit Card Processing
Affiliate Summit, CHARGEBACK FRAUD, CRM, FRIENDLY FRAUD, HIGH RISK MERCHANt, HIGH RISK MERCHANT ACCOUNT, MERCHANT ACCOUNTS, PAYDAY LOAN, PAYMENT PROCESSING, SHOPPING CART, SUSPENDEDHigh-risk credit card processing sounds like an extreme that most online business owners want to avoid. But the truth is that you likely are a high-risk business. Banks and processors often see high-risk businesses as more likely to face chargebacks or fraud, so they set stricter rules or higher fees. But don’t worry, there are…
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Lawmakers Call for Credit Card Companies to Decide on Firearm Merchant Category Code
Firearms, Guns, HIGH RISK MERCHANt, HIGH RISK MERCHANT ACCOUNT, MERCHANT ACCOUNTS, Merchant Category CodeIn recent months, the implementation of a new merchant category code (MCC) specifically for gun and firearm sales has sparked a complex debate among financial institutions, lawmakers, and the firearms industry in America. This development, initiated by the International Organization for Standardization (ISO) in September 2022, is poised to bring significant changes to how credit…
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Best Productivity Hacks for Entrepreneurs Who Want to Reach 7-Figures
In our journey towards success, time is our most valuable asset. We constantly seek ways to maximize our productivity, not just to thrive in our businesses but to enjoy a fulfilling personal life too. In this post, we’re cutting through the noise to bring you practical, tested strategies that I’ve personally implemented in my journey…
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These Industries REQUIRE High Risk Credit Card Processing
Not all businesses are treated equally by payment processors. High-risk businesses are subjected to stricter monitoring due to the higher risk of chargebacks and fraud. But not every merchant knows if they’re high risk or not. If your Stripe account was recently terminated or your merchant account application has been repeated denied, it’s because you…
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