Tag: merchant account
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Fitness Merchants & Wellness Coaches Pivot In Response To COVID-19
Some fitness merchants and wellness coaches shifted their operations from in-person training to a virtual set up long before the Coronavirus pandemic. Still, a number of entrepreneurs are still adjusting in response to enforced closures by governments around the world. If you are a wellness coach or a personal trainer with no access to a…
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Using Shopify & A Merchant Account For Growth During COVID-19
Before the Covid-19 outbreak, Shopify was growing at an almost exponential rate. Today, we know that many merchants are even more heavily reliant on the e-commerce platform. Entrepreneurs are doing what they can to keep online businesses operating in the middle of this pandemic. Moreover, Shopify recently announced that it will add $200 million to…
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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
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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