Category: HIGH RISK MERCHANT ACCOUNT
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Startups are risky. Here’s how you can maximize your chances of getting a merchant account for one.
Startups are inherently high risk, which means getting a merchant account as a new small business owner is going to be a challenge. It can seem like a perpetual cycle. You need payment processing history and past business experience to get approved for a merchant account. But how can you get the experience without being approved? Don’t fret—there’s a way to break this cycle. And there’s…
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Ensure Your High-risk Merchant Account Application Gets Approved with These Top Industry Tips
High-risk merchant accounts imply the level of risk an acquiring bank must take on if your application is accepted. As you can gather from the name, most banks are not exactly handing out stamps of approval to every application that comes their way. They want minimal risk because to financial institutions, risk means the likelihood of money lost.…
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FTC regulations are tough on coaching businesses. Here’s how you can stay compliant.
The FTC has been cracking down on online coaching businesses for years with new case studies uploaded to their own blog each week. But coaching businesses are lucrative, especially when it’s the passion of the business owner and in no way, shape, or form is being an online coach illegal. The problem the Federal Trade Commission (FTC) has for these types…
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Yes, You Can Get a Merchant Account with Bad Credit—here’s how.
Unless you’re thriving off cash transactions, you need a merchant account to make it as a business in 2021. It flips the switch for processing credit cards, the increasingly preferred method of payment for customers. So, you know credit is important or at least useful, but can you get a merchant account with bad credit? And does your personal credit score affect your approval…
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Everything You Need to Know to Stay off the TMF or MATCH List
The Terminated Merchant File (TMF), also known as the Merchant Alert to Control High-Risk (MATCH) list is a scary place to find your name. You may be wondering how you ended up on the blacklist, why the list exists, and what you can do to get off it. If you’ve been listed, you do have options ahead of…
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