Category: Merchant Accounts
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Merchant Account Crisis: 3 Red Flags Your Processing Is About To Blow Up
Business is booming, but then all of a sudden you lose your merchant account! The red flags are there. As experts, we’re all too familiar of when high-risk payments are about to implode. From low transaction approval to excessive chargeback ratios, there are clear triggers. So, how do you recognize the signs and remedy the…
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Spy Merchants: Why Payment Processors Decline Surveillance Products
This consumer retail category is growing into a multibillion-dollar industry. In fact, it’s forecasted to almost double its worth by the year 2023 to $68.3 billion. These are great projections. But spy merchants are not as sought after by some payment providers. Even though consumers around the world are demanding surveillance merchandise. High-risk categories like…
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Multiple Merchant Accounts: Here’s What You Need to Know
Do you really need multiple merchant accounts? It may not be the first thought on the mind of entrepreneurs. But cashflow is one of the most common issues businesses face when starting out. Many early-stage high-risk merchants face payment processing limits which stifles potential growth. When those limits have maxed out, sales grind to a…
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More Merchants Want Domestic Merchant Accounts. Here’s Why!
We know what you’re thinking. Here at DirectPayNet, we often recommend offshore merchant accounts to businesses. But in certain cases, domestic merchant accounts are far easier to obtain and more beneficial. Whether you are in the US, UK, Europe or Canada, we have domestic solutions for your needs. Some merchants consider international merchant processing in…
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Money-Wasting Mistakes Startups Make Choosing A Merchant Account
It’s even more difficult when you operate in the “high-risk” business category such as selling supplements, a biz-op course or an offer with continuity. According to eMarketer.com, this year e-commerce is poised to increase 20.7% around the world. Naturally, online startups represent a portion of that market. You know the uphill battle you face just…
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