High Risk Merchant Services
Do 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 Select a High Risk Merchant Processor
As a business owner, you want your card payment system to work smoothly in the background. You don’t want to hear about problems accepting payments from customers. You don’t want to waste time sorting out card processing difficulties. That’s why choosing a good service provider is critical. This helpful guide is intended to point you…
Read MoreHave You Been Turned Down For an e-Cigarette Merchant Account?
If you have been turned down for an e-cig merchant account by a bank or a conservative credit card processor, you are not in an elite club. Many new as well as existing e-cig merchants are finding themselves in the same boat and trying to figure out why. What have they done wrong? These merchants…
Read MoreWhat Makes a Merchant Account “Risky”?
A High Risk Merchant Account is often difficult to obtain. Many of our clients are surprised to learn that their business is deemed high risk. There are many reasons why a business may be categorized as high risk. Most of it has to do with a bank’s underwriting guidelines. Each bank has a set of guidelines…
Read MoreObtaining an Educational Seminar Merchant Account
Speedy technological changes and advancements and overall shorter product life cycles have altered the skills that employees and managers need. To stay in front of these changes, workers need to sharpen their skills and gain new ones by attending educational seminars, like business coaching and management training sessions and workshops. As more businesses have accepted…
Read MoreHigh Risk Processing for Multi-Level Marketing
In the 1980s and 1990s, the direct selling industry soared with multilevel marketing (MLM) companies selling everything from cosmetics to kitchen tools to lingerie. MLM is when an individual becomes a product distributor and gets paid a commission on the sales made by other distributors he or she recruits. Before the internet, MLM marketers hosted…
Read MoreOnline Firearms Sales Merchant Account
On average, more than 3.4 million rifles, shotguns, revolvers, and pistols are produced each year, according to a May 2017 report by the Statistic Brain Research Institute. The gun and ammunition manufacturing industry brings in annual revenues of $11 billion and 32% of U.S. households own guns. Though there is no doubt that online firearm sales…
Read MoreHigh Risk Merchant Accounts for Online Electronics Business Merchant Account
According to the think tank, Pew Research Center, 46% of smartphone owners said, “they couldn’t live without” it, according to the Pew Research Center. Not surprising since smartphones are the only way some people tap in to the internet, using it for everything from making reservations and applying to jobs to checking out social media to…
Read MoreGetting a VoIP and Telecommunications Merchant Account
In 2018, the mobile Voice over International Protocol (VoIP) market was predicted to reach $16.5 billion in Europe and $9 billion in the United States, according to Statista. The market is projected to continue to soar through 2024, when it is to reach $46.5 billion in Europe and $23.5 billion in the U.S. Voice over International…
Read MoreAdult Merchant Accounts
Frequently asked questions about adult merchant accounts: How to get an adult merchant account? Why not use an online payment system instead of credit cards? Are all types of adult businesses accepted? What are the application requirements? What to expect during an adult merchant application review? What happens after approval? Ways to get a credit…
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