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Articles tagged with: High Risk Merchant Accounts

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[25 Jul 2010 | No Comment | ]
Why the Disadvantages of High Risk Merchant Accounts are insignificant

If you run a business such as an escort agency, massage parlor or selling adult toys, traditional merchant account providers won’t touch you with a ten foot pole. The problem with these businesses, and other similar ones, is that they are too high risk i.e. the chances of fraudulent chargebacks are very high. If you have a standard merchant account, it will be blocked if there are too many complaints from buyers. High Risk Merchant Account providers process these claims differently. As a result, they are popular amongst companies that …

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[7 Jul 2010 | No Comment | ]
High Risk Merchant Accounts – All you need to know about it

Since you are here, you must be well aware of a merchant account. It is a line of credit by which a merchant can accept credit and debit cards as their main mode of payment. Now, there are some businesses deemed as high risk which need special merchant accounts known as the High Risk accounts. Let’s see how it works and what it is.
Why the term ‘High Risk’?
There are some businesses such as adult products such as eBooks or sex products, online gambling and trading agencies which are popularly known …