Chargeback
High Risk Merchant Account Providers | What to Know
| September 13, 2021
A merchant account is needed for businesses to accept and process card payments. However, businesses that are deemed high risk are not allowed to open traditional merchant accounts. High-Risk merchant account providers specialize in the approval of higher risk business types and high risk category merchants. High risk industries require a different approach when it
Online Travel Merchant Accounts | Understanding the Basics
| September 3, 2021
According to a 2019 World Travel and Tourism Council report, the travel industry experienced a 3.5% increase, surpassing the global economy of 2.5% for the 9th consecutive year. With the ever changing economy, the travel and tourism industry is continuously trying to re-invent itself during these uncertain times. Online travel merchant accounts and secure payment
Gun Merchant Accounts for Firearm Dealers
| August 26, 2021
With over 393 million firearms registered in the United States, America is by far the wealthiest nation in terms of gun ownership. The firearms and ammunition industry made $63.49 billion in 2020. Gun merchant accounts for the firearms industry are in high demand and gun-friendly credit card processors are here to assist. If every man,
High-Risk Merchant Account Instant Approval: Is It Possible?
| August 20, 2021
When it comes to picking a payment processing provider, do not be swayed by claims that they can open your high risk merchant account instantly. A High-Risk merchant account instant approval does not exist. If you are looking to accept high-risk credit card payments, you will need to practice some patience as the amount of
High-Risk Merchant Processing Accounts for Businesses
| August 19, 2021
All business ventures come with an amount of risk; but some businesses pose a bigger risk than others. SecureGlobalPay high-risk merchant processing specializes in the approvals of high-risk category merchant types with high chargeback ratios. Businesses that pose a higher risk than others are usually businesses associated with a high percentage rate of chargebacks and
High-Risk Payment Processors and Chargebacks
| August 11, 2021
Choosing between one of the many high-risk payment processors can be a daunting task. However, taking your time and doing some research will pay enormous dividends. When ultimately deciding on the most capable credit card processor for your high-risk payment processing needs, make sure your acquirer fully understands your high-risk category and online business model.
Travel Agency Merchant Account | Handling Chargebacks
| August 4, 2021
The specific timing of payment transactions in the travel industry is the main reason why the industry is classified as high risk. A travel agency merchant account allows tour operators & travel agents to accept card payments via acquiring banks to process advance payments. All travel agencies, tour operators and booking agents accept secure payments
Merchant Processors Collections Agency | High Risk
| August 2, 2021
According to the Federal Reserve, American consumer debt in the United States hit a record $14.6 trillion in the spring of 2021. Merchant processors collections agency merchant accounts provide merchant processing solutions to assist collection agencies with their debt collection efforts. This was a 6% increase from the previous year, totaling over $800 million–the highest
Merchant Account Collection Agency – Debt Recovery Merchant Processors
| July 22, 2021
Debt recovery can be a tricky business. Companies lose millions of dollars every year because of debts that are never recovered. This is particularly true for companies that prefer keeping good reputations and maintaining long-standing customer relationships, over recovering what they are owed. A debt collector often uses a merchant account collection agency business model
Merchant Account for Terminated Merchants
| July 21, 2021
The eCommerce marketplace continues to grow in leaps and bounds. With the recent change in the business climate, entrepreneurs are busy launching new types of products and services to accommodate these new online business opportunities like never before. Occasionally, merchant accounts are terminated and are put on a match list. A merchant account for terminated