Running a high-risk business is no walk in the park. Between navigating the higher incidences of fraud and chargebacks to being denied a merchant account, it seems like high-risk merchants are constantly having an uphill battle. But it doesn’t have to be this way. What Makes A Business High-Risk? Before we dive deeper into this article, let’s explore what categorizes...
Since the outbreak of COVID-19, many people found themselves stuck at home, with little to no personal contact with others. With their only companions being the Internet and their smartphone, customers have helped the adult industry explode as it joined forces with modern-day technology to fulfill customers’ needs. Today, the adult industry continues to be highly profitable, with some researchers...
As more people are becoming health-conscious and learning about the dangers of smoking tobacco, alternatives are being brought to the market to address this need. Although e-cigarettes have been in the market for a little over ten years, there is still much debate about the health risks involved. Given the possible health problems associated with vape and e-cigarette use, the...
A high-risk business is as unique as its needs when it comes to acquiring a merchant account. A business that operates within a high-risk vertical cannot simply walk into the lobby of a bank and open a traditional merchant account. Even approaching a traditional merchant account provider is not an option. What a high-risk business needs are a high-risk merchant...
With the highest percentage of its population using online dating services, the United States leads the world at 15.7 percent (or close to 53 million people), according to Statista.com. By the end of 2022, there will be approximately 413 million users of online dating services worldwide. It is also expected to create $3.7 billion in revenue worldwide via paid subscriptions. ...
With the proliferation of high-risk verticals entering the marketing place, more merchant account providers have opened their doors to serve the needs of the growing number of high-risk merchants. It is only via a high-risk merchant account that a merchant can process credit and debit card transactions online. They don’t have the option to open a merchant account through a...
According to research by Statista.com, revenue for the travel and tourism market is expected to hit $637.70 billion in 2022. And it is projected to hit $949.60 billion by the year 2026. Within the travel and tourism market, it is also expected that 74% of the total revenue will be produced by online sales by the year 2026. The travel...
As companies have become increasingly dependent on technology and all things digital, it is more important than ever to have a tech support team to combat any glitches that can slow down or halt operations entirely. Tech support companies have been meeting these needs for both companies and individuals. However, in 2012, the Federal Trade Commission initiated a massive crackdown...
Since the outbreak of COVID-19, many people found themselves stuck at home, with little to no personal contact with others. With their only companions being the Internet and their smartphone, customers have helped the adult industry explode as it joined forces with modern-day technology to fulfill customers’ needs. Today, the adult industry continues to be highly profitable, with some researchers...
Are you an adult entertainment merchant in need of a payment gateway solution? Chances are, you have tried to acquire a traditional merchant account through a bank or other payment provider and have failed. There are several reasons for that. First of all, the adult industry is considered a high-risk industry. The adult entertainment industry is filled with fraud, chargebacks,...
