E-cigarettes are battery-powered gadgets that produce vaporized nicotine-free and nicotine solutions for users to inhale. Electronic cigarettes may be far from catching up with traditional cigarettes, but they are more popular than you can imagine. According to the PSD Center, the approximate number of grownups who vape and do electronic cigarettes will hit 55 million by 2021. Starting an e-cig...
Adult-related businesses have long been marginalized when it comes to a merchant account and payment solutions. Many banks don’t want to process payments for escort services. Yet an escort service needs a secure merchant account to begin processing online payments. This type of business is categorized as a high risk for many reasons, and most financial institutions would rather stay...
For a long time, payment systems did not cater enough for the small business owner’s needs. Accepting payments was a painful and costly ordeal as banks were not ready to accept most startups, even limiting the payment avenues accessible by such business. However, the dawn of new players and solutions that focus on working closely with small and medium merchants...
It’s safe to say the supplement industry is booming. In fact, it just surpassed $120B and is projected to reach $230.7 billion by 2027, according to a new report by Grand View Research Inc. The main drivers of this massive growth are the ever-increasing global obesity rate and the considerable rise of fitness centers and gymnasiums – a growing health...
Are you a high-risk merchant facing challenges with opening a merchant account? No worries. Below, you can find all the necessary information about high risk merchant accounts and their benefits. So, let’s start. High Risk Merchant Accounts Businesses associated with higher rates of chargebacks and fraud are considered high risk. These are the basic reasons accompanied with other high risk...
The worldwide gambling industry is booming, with an estimated global gross yield of nearly $500 billion in 2019 – nearly ten percent of that amount flowed through online gambling sites. The valuation of active players also reached 2.3 billion worldwide last year. Where does the U.S. sit in all of this? Despite being incredibly hesitant to embrace the industry when...
Businesses are different. To choose the best payment processing pricing structure for your own business, you should do research and see how different billing systems work. In the article below, you can find several options to go for the most suitable one for your business. Payment Processing Pricing Structures to Choose From Wrong credit card processing service will make you...
Are you wondering what methods you should use to accept online payments? Which one should you go for: No need to worry. This article is here to help you with online payment options for your customers. How to Accept Online Payments The way people send and receive money is changing. eCommerce businesses that fail to react to these trends are...
Many merchants are unsure of whether American Express is the right card network to explore for catering U.S. and Canadian buyers. Some prefer other options because of pricing. Others don’t know if it’s a good option for a high-risk business. To find out more about AMEX for high risk payment processing and discover an exceptionally high risk processor, go through...
Trying to find the right merchant account for your business can be an overwhelming task. Few payment processors offer merchant accounts for this industry, so how do you know you are getting the best and safest option? With fantasy football season upon us, now is the perfect time to do a little payment processor shopping. Here are a few tips...
