To many, being a small business owner is the American dream. With a successful venture, you can set up your future and retirement on your own terms. However, many small businesses are labeled as “high risk” due to a higher risk of fraudulent activity. However, it is possible to find a merchant account processor that specializes in high risk credit card processing.
High risk companies are your average everyday companies. They range from car dealerships to collection agencies to adult entertainment websites. While they may not seem like a threat, fraudsters often use these sites as places to use their stolen credit card information. This ends up putting a damper on the entire industry, and in return can make it hard for a small business labeled “high risk” to find a credit card processor, or merchant account. However, there are companies that specialize in high risk accounts, such as eMerchantBroker.com.