Category: Merchant Accounts
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How to Ensure Your Merchant Account Application Is Approved
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 approval. START YOUR MERCHANT ACCOUNT APPLICATION Checklist Before Your Application…
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Best High-Risk Merchant Account Providers
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 that support your growth, not hinder it. Payment processors label…
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Merchant Accounts 101: High-Risk vs. Low-Risk
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. Does your…
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What Is a High Risk Merchant Account?
Traditional banks and merchant accounts won’t support a high risk business. But what is a high risk business, and what is a high risk merchant account? High risk merchant accounts provide a solution for companies that payment processors classify as having elevated risk factors. OPEN A HIGH-RISK MERCHANT ACCOUNT What Makes a Merchant Account “High…
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Stripe ISN’T a Merchant Account (And Why That Matters for Your Business)
Stripe is everywhere, powering millions of online businesses. Maybe even you are already using it to process credit card payments. Stripe makes it incredibly easy—you can integrate their system into your site in just a few hours. So what’s the problem? Stripe isn’t actually a merchant account. This distinction matters more than you might think,…
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