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The 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 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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