EVERYTHING YOU NEED TO KNOW ABOUT THE HIGH-RISK MERCHANT PROCESSING
High-Risk processing is usually implemented when the acquirer or processor deems the merchant account could either be labeled as one of the inadmissible merchant types or merchant account processing history is well above the sales volume guidelines. However, the high-risk aspect can be different from one processor to another, as some processors may conclude the length of your merchant account processing history as the determining factor and some others may consider your industry category.
Regardless of what your scenario is, your merchant must be abiding certain guidelines that have been set by the processing unit, and those guidelines are the deciding factors of your merchant account’s risk factor. With the high-risk processing modules, many merchants usually find it very difficult to sign up for the account.
Here are a few tips for the high-risk merchant accounts to be safe and sound:
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