Category: HIGH RISK MERCHANt
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Facebook’s GlobalCoin Will Change High-Risk Merchant Payments Forever
Last month, Facebook confirmed its cryptocurrency GlobalCoin will be in about “one dozen countries” by this time next year. Rumors state it could now happen by Q3. No surprise! It was only a matter of time before Facebook announced its intention to wade into the cryptocurrency waters. Effectively holding power over a currency that can…
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Caribbean & Latin American Merchants, You Can Overcome Banking Hurdles
Caribbean and Latin American merchants have turned to DirectPayNet for banking solutions in recent months. What exactly was their problem? The inability to receive wire payments from banks in the US, Canada and European countries. This is a major financial roadblock for merchants in spite of the explosion of the ecommerce industry over the last…
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The Cheat Sheet On Merchant Account Reserves (And How To Lower Them)
Merchant account reserves are a term you’ve likely heard of due to being categorized as high risk. As such, you’ve probably learned it means you hand a percentage of your sales to your card processor, but do you know why? Merchants already deal with a lot of stresses in the ecommerce industry including running day-to-day operations,…
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