High Risk Merchant Account

Overview Due to the amount of time between when a product is sold over the phone and when it’s actually delivered to the customer, telemarketing is commonly considered a high risk business type. The marketplace has extended beyond limits and instead of buying a shop/store and sitting there throughout the day to sell your product and services, all you need is a system with a website to market your product. Nowadays, you can buy things online or through telemarketing at your convenience, without wasting your time and be being present physically in the shop. Now let us understand the term telemarketing. How does a telemarketing Company apply for a Merchant Account? Applying for a merchant account, for your telemarketing business is quite a simple process. We do consider the following: If your credit score is good, ye, then we are certainly ready to approve. In case you wish to change to a new processor, we request you to produce the statements of the last 3...

For many small businesses that accept credit cards, chargeback is way costlier but there are ways where you can protect your business against those unfair chargebacks. Before going further, let us understand what is a ‘Chargeback’? Chargeback  A chargeback happens when a customer after purchasing a product, contact to his/her card issuer to dispute the charges. In simple words, when a customer purchases a product and due to some reason disputes a charge with his/her bank, the money is returned to that customer as well as he/she gets to keep the product. But the bank charges the business owner, from whom the product was purchased. This payment, which the business owner gets to pay to the bank, is called the chargeback. Here are few tips that can help you prevent chargeback and minimize the time and money spent while dealing with it. Being business owner you should understand that disputes could be considered valid due to many reasons. Customer may dispute charges...

We are providing the best  payment gateway solution  for your difficulties. Online merchant (small business or large-scale business) to accept payment in multiple ways according to its customer’s convenience. To open such an account, which can accept payment by credit card as well as a debit card is not easy. No matter how good your business is doing, you might still end up struggling to get a merchant account opened. You might think that why your business is categorized as high-risk even when you are following the right track. The reason is the target audience and the niche of your business. Some of the high-risk industries are (High Risk Merchant Business): • E-commerce stores • A website dealing with digital content and steaming • Travel and transport companies • Companies dealing with multi-level marketing and direct sales • Adult and dating websites • Loan and financial businesses • Companies providing supplements • Crypto-curren...