Running a small business is difficult enough without being told your business is considered “high risk”. This categorization makes it incredibly challenging to operate smoothly, secure business funding and partner with a reputable, fair payment processor. Even if you are able to find a processor willing to work with you, you will be charged higher rates and receive other undesirable...
High-Risk merchants need a reliable and reputable high risk credit card processing provider. As a new merchant, you have just discovered that your particular industry has been deemed high risk by traditional credit card processors. As a result, you are struggling to secure a traditional credit processor because they refuse to take on any client that falls into the “high-risk...
A gold and precious metals merchant account is necessary for your payment processing needs. When it comes to precious metals, they are considered highly valuable because they are rare to find. Each year, only a minimum amount is produced and therefore their scarcity is the reason for such a high value. One of the most popular metals in the world...
Do you feel confused about signing a personal guarantee with a merchant services provider? What about high risk merchant accounts? Where can you get reliable merchant processing services or business funding for your risky business to overcome financial challenges? No worries. This article will explain what a personal guarantee is and help you come up with the right merchant services...
Security concerns are ever-increasing. Data breaches seem to pop up in the news every other day and it’s costing businesses millions of dollars every year. It’s not just the big businesses either. Approximately one-third of cyber attacks are directed at companies with fewer than 250 employees. This is a troubling trend that isn’t going away any time soon. Even if...
In a world driven by progress, sometimes it’s easy to expect changes that are further away than they may at first seem. Such is the case when it comes to the realm of faster payments. Faster payments refer to a system of transfers that are instantaneous or almost instantaneous. The way systems work now, both individuals and companies alike can...
All eCommerce merchants must set up a payment method for their customers. This payment solution allows a buyer to pay for an item or a subscription service. Credit card is a common payment method among online customers and businesses as well. And failure to add a credit card processing solution means denying your customers a favorite means of payment. For...
High-risk businesses looking for a place in the online marketplace must worry about the future of their payment processing. A high-risk merchant account is a must-have if you are going to process transactions online. But getting your hands on the right account for your needs can be a hassle because of the bad attitude towards risky industries. Yet the ability...
Taking credit card payments is the order of things when it comes to online customer-retailer relations. And to be able to accept cards, debit or credit, you must have access to a merchant account. Normal businesses will find many willing merchant account providers but those classified as high-risk for one reason or another must hassle hard or look in the...
An offshore merchant account is one which is used for e-merchants who are processing payments through their website in countries that they don’t live in. There are many reasons why a merchant would want to have an offshore account, including less stringent approval standards abroad. Being an offshore merchant can also be a great option to extend the services of...
