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High Risk Merchants in America
High Risk Merchants in America Running any sort of business involves risk. Entrepreneurs know this. It is a fact of life for high risk merchants in America. At every stage of the game, entrepreneurs often dare taking occasional risks in service of their vision. The act of taking a business from the concept stage to…
Read MoreThe Risk Paradox
It is an entrepreneur’s job to take risks. But every risk contains the potential for multiple outcomes,success and failure being the most extreme. With risk, like truth, the final outcome is usually to be found in the middle between extremes. An entrepreneur who understands this must be prepared to deal with banks and financial institutions…
Read More7 Tips and Advice to Find a High Risk Merchant Account Today
Chances are you are struggling to be accepted by merchant service providers. The thing to bear in mind that this is a very common scenario for owners of entirely legal, respectable businesses. Rejection by one or more big names in the merchant services industry may have stunned you but there are probably several logical reasons,…
Read MoreDo You Know What Industries Are Considered High Risk Merchants?
Who could have guessed that when you furnish your home you are most likely dealing with a business in a higher risk industry? Yes indeed – furniture merchants are considered high risk! But that’s from the viewpoint of credit card payment processing companies. They look at many factors, including the ticket size of a typical…
Read MoreGetting a Credit Repair Merchant Account
According to IBISWorld, a global market research firm, there are over 90,000 businesses in the $4 billion credit repair industry. The majority of these businesses are small partnerships or non-employers. A 2016 report showed that the three largest credit repair firms account for less than 5% of the industry’s revenue. Online credit repair services account…
Read MoreHow to Get a TMF High Risk Merchant Account
The terminated merchant file (TMF) or MATCH list is used by credit card companies to screen potential merchants. Those deemed high-risk are placed on the list and so prevented from processing credit card payments or doing future business under any other name. Regardless of the cause – whether it’s a failed business model, fraud, merchant…
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