Merchant Account
Why Are Cell Phones Sales Considered High Risk Merchants? How To Accept Card Payments.
You need a card payments processing service to grow your business so you apply for a merchant account with your bank. Then you discover your bank won’t handle your business because it’s high risk. Maybe you considered using PayPal or Stripe but that’s not such a good idea. If you are wondering, why are…
Read MoreWhy Are Marijuana Merchant Accounts High Risk? How to Get One for Your Business.
The marijuana industry is flying high. More and more states are legalizing cannabis growing and various supply chain enterprises. These range from raw weed and hemp to medicinal uses like cannabidiol (CBD). Medical marijuana is legal in over 30 states and about a dozen states permit its recreational use as well. The biggest…
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 MoreAn Offshore Adult Merchant Account Frees Your Business to Take Card Payments
The adult industry can be highly profitable but getting a merchant account is not as simple as for businesses in other sectors. That should not stop you but you need to know how to go about successfully applying for an offshore adult merchant account. Federal regulations governing offensive material and allied laws mean US…
Read MoreOffshore Payment Processing – why are offshore merchant accounts high risk?
As a US business owner, you naturally assume that your merchant account will be with a US bank. But the global economy has changed all that. Sometimes offshore payment processing is perfect, or possibly the only option if a business wants to accept card payments. Why is that? Because many US banks are…
Read MoreWhy Are Construction Businesses Considered High Risk Merchants?
Construction, mining and agriculture are three industries that are recognized as being hazardous for the safety of workers. It is simply in the nature of the business and works carried out that accidents are inevitable. But that is not the kind of risk that card processing services assess. Acquiring banks employ experienced underwriters to…
Read MoreWhy Are E-Commerce Merchant Accounts Considered High Risk?
When it comes to e-commerce, fear of fraud is at the forefront of everyone’s mind. Even the good things about e-commerce can also raise risk levels for card processors. E-commerce has dramatically shifted market competition and opened up international sales potential for a vast number of businesses. Even a tiny mom and pop…
Read MoreA Cryptocurrency Merchant Account To Grow Your Business
Cryptocurrencies are no longer flavor of the month. They have rapidly grown in popularity to become part of the fabric of worldwide commerce and finance in a very short space of time. Business owners now recognize the need to obtain a cryptocurrency merchant Account. Not only has Bitcoin hit the headlines with record valuations,…
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…
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