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
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
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
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
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
