Tag: high-risk
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Facebook Boycott: Big Opportunity For High-Risk Merchants? – Pt. 1
Unless you’ve been living under a rock, you know that there is a Facebook boycott. No, not from individual users. From big brands and corporations that advertise on the platform. The global pandemic has forced the number of Facebook users into record territory. Today the platform has over 2.6 billion monthly active users. Thus, you…
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Boom Time For Dating Merchants – Manage Chargebacks & Refunds As You Scale
Dating merchants in the US and Europe experienced a wealth of interest from online consumers this past spring. This was influenced by the fallout from Coronavirus. Some people are using dating apps and websites as a form of entertainment while others are truly looking for love. Dating merchants are seeing record numbers of sign-ups. However,…
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Selling PPE & Got Banned? Get A Merchant Account
What did Shopify do that sent thousands of e-commerce store owners scrambling to find a merchant account for their business? Hint – it had to do with the coronavirus and businesses pivoting or transitioning into supplying safety-related products. So, were you a Shopify seller of personal protective equipment (PPE)? Or, were you selling other high-demand…
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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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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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