Category: Merchant Accounts
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High-Ticket Merchant Account – Get Approved To Sell Items Over $1000
Over the years, we’ve seen high-risk companies get declined repeatedly for a merchant account, because they sell expensive items. Alternatively, approved business owners are given ridiculously low monthly credit card processing volumes. Selling high-ticket products can cause you to reach that limit fast. This limitation leaves cash in your consumers’ pockets when you can’t accept…
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MLM & Biz-Op Companies: How to Overcome Merchant Account Obstacles
Multi-level marketing (MLM) companies, business coaches and other business opportunity (biz-op) ventures all face issues with getting approval for a merchant account. Banks and other payment providers are weary to work with these high-risk models. This is thanks to reputational damage caused by a few dishonest operators in the industry. Therefore, many merchants in this…
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Thank Us Later – Your Own Merchant Account Vs. Being An Amazon Seller
In the past 12 months, DirectPayNet has noticed more and more Amazon sellers are opting for a merchant account. The benefits are significant as vendors want independent websites, control over product pricing, bigger profits and an easier time trading in high-risk industries restricted by Amazon. Unfortunately, those that are engaged in high-risk categories (e.g. electronics,…
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Why Canada Can Be The Simplest Option For Your Offshore Merchant Account
More high-risk businesses in Europe, Asia, Latin America and the US are considering the benefits of an offshore merchant account. Canada is the perfect market welcoming businesses of many varieties at this time; yes, even high-risk merchants! Here’s a look at why we’re seeing an uptick in foreign businesses considering Canada and how you can…
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PSD2, Strong Consumer Authentication For Beginner High-Risk Merchants
From 14th September 2019, merchants operating in the European Economic Area (EEA) will be subject to new regulations: the Strong Customer Authentication (SCA). This is a two-factor authentication (2FA) that will protect certain electronic and remote payments. The strong consumer authentication is an extension to the second EU Payment Services Directive (PSD2). It was a…
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