Category: Merchant Accounts
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Stripe Reserves & How to Get Your Money Back
Stripe reserves disrupt your cash flow and can leave you penniless. Stripe can withhold 10% to 25% of every transaction. That’s no good for your business. Here’s how Stripe reserves work, how to avoid them altogether, and how to save your business from financial headaches to keep your operations running smoothly. AVOID STRIPE RESERVES What…
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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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