Running an e-commerce business isn’t easy unless you provide your customers with secure payment options. Importantly, there’s no growth without working with a trustworthy payment processor in your field. What about a high-risk merchant account? This article is here to help you with all his.
High-Risk Merchant Account
Reliable, low cost and secure high-risk credit card processing is key to your success as a risky business owner. If your e-commerce business is dealing with higher rates of chargebacks and you need to process online transactions, you should start working with a respectable high-risk specialist.
Do you want to earn more? Do you want to become more secure? Do you need to expand your business and boost your company’s sales? Well, you can’t do this without a high-risk merchant services provider. As you know, traditional banks usually stay away from risky businesses. So, get ready to see your application denied.
Thankfully, a reputable payment processing company like eMerchantBroker.com that knows your high-risk field like no one else can be the best helping hand. EMB specializes in working with high-risk merchants in more than one industry.
Transparency and multitude of features are just 2 of the rich set of benefits offered by EMB. The high-risk merchant account from EMB is among the cheapest and the safest in the space.
EMB’s “chargeback shield” is one of the most important solutions to apply for. This is an optional service that costs $25 per month, plus $49 per notification. What the service does is to send you a notification when a customer wants to file a chargeback against you.
Global Payments: High-Risk Payment Processing
Global payments revenues made up $1.9 trillion last year, showing a 6% increase. In North America, the growth of payments revenues has been registered at 2%-3% points faster as compared to GDP for the last 4 years.
Recent changes in payments highlight once again the importance of easy-to-access high-risk merchant processing services. The upcoming 10 years will make the application process for the high-risk merchant accounts much simpler.
To sum up, if your business is in the high-risk industry, expect to have a difficult time getting approved for quality credit card processing. However, by keeping up with the developing trends in the space, you can enjoy the best deal for your company.