MERCHANT STRONGHOLD
High-Risk Merchant Account Service Provider
HIGH/LOW RISK MERCHANTS ? WHICH CATEGORY YOU FALL IN? High risk merchant processing basically known as credit card processing is the handling of electronic transactions of the merchants. Merchant processing means getting sales information from the merchant, receiving authorization for the transaction, collecting funds from the issuing bank and sending payment to the merchants. Electronic payments are highly sensitive to fraud. Liability for misuse of card data can expose the merchant to significant financial loss.
HIGH RISK MERCHANT OR LOW RISK? Before you look for the payment gateway, you need to know the risk associated with the business. Be prepared before you approach the banks and gateways else you will end up with denials. Business life and financial stability, business model, billing method, products sold /services, and processing history plays an integral part in deciding whether payment gateway will be provided or not. Different banks and different payment gateway providers have different parameters, there are some general industries that come under high risk.
THESE INDUSTRIES ARE HIGH RISK MERCHANT:
Industry Reason Adult Industry Because of regulations Financial Industry Because of unpredictable nature Airlines High chargebacks Online Gaming Instability Law Firms Survival Issue
CONTACT US US HeadOffice 10300 49th Street N Suite 427 Clearwater, Florida 33762 United-Kingdom UK HeadOffice 160 City Road Kemp House London EC1V 2NX +1 (888) 622 - 6875 +1 (844) 465 - 4723 info@merchantstronghold.com www.merchantstronghold.com