Category: MERCHANT SERVICES
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When A Low-Risk Business Becomes A High-Risk Merchant. Follow This Advice.
Are you a low-risk or high-risk merchant? It’s not always obvious to some entrepreneurs. Although being classified as a high-risk merchant can change available options for accepting payments on your website. There are merchant categories that are blatantly obvious (e.g. CBD oil, e-cigarette, spy camera, survivalist gear, supplements and nootropic products). While some online sellers…
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Bad Merchant Services Horror Stories – And How to Avoid Them…
In our 10 years of operation, DirectPayNet has heard its share of horror stories about bad merchant services and the companies that promise unrealistic solutions. Merchants in high-risk verticals can be so desperate or eager to scale, they forget to conduct due diligence on their merchant account or payment solution provider. Unfortunately, they resort to…
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Merchant Account Solutions Firm DirectPayNet Celebrates Big Business Growth For Nine-Year Anniversary
MONTREAL, June 19, 2019 /PRNewswire/ — Global high-risk payments solutions provider DirectPayNet is celebrating nine years in the world of merchant services. The company has evolved from being a local start-up merchant account provider to specializing in tailored payment solutions for multinational medium and high-risk online businesses. Additionally, its workforce has grown by over 50%…
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Winning Tactics For Your Next Payday Loan Merchant Account
Securing a payday loan merchant account has become challenging over the last few years. Since 2017 nationwide standards in the US became applicable to the market, the short-term lending industry has hit payment roadblocks due to regulation. Ordinarily, payment solutions providers take notice when federal or state policies are issued for a particular industry riddled…
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Subscription Marketing Merchants Can Scale AND Be Compliant
CHARGEBACKS, CONTINUITY, HIGH RISK MERCHANT ACCOUNT, MERCHANT ACCOUNTS, MERCHANT SERVICES, SUBSCRIPTION MARKETINGSubscription marketing is everywhere and has taken on a life of its own! From online streaming services to skincare to subscription box companies, recurring billing remains a big revenue source for high-risk merchants. However, recent legislation enacted July 1 in the state of California has caused concern for some merchants new to subscription marketing. It’s important…
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