Tag: merchant account
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Wondering Why Your EU Merchant Account Application Got Rejected? It’s Complicated?
For some online business owners, a merchant account in Europe is the path to e-commerce greatness! Many want to take their products and services global instead of focusing on the US market alone. So, they do a little research and apply to a payment provider overseas. Unfortunately, these same merchants panic. That rejection email dashes…
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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
CHARGEBACKS, CREDIT CARD DECLINES, CREDIT CARD PROCESSING, HIGH RISK MERCHANT ACCOUNT, MERCHANT ACCOUNTSBusiness 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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