High risk businesses are ones that sell items that fall into areas such as adult entertainment, online gambling, ticket sales, or medications. While the products sold and services provided are completely legal, these items come with a higher risk of theft.

Major credit card processors tend to stay away from giving high risk businesses the power to process credit cards because of possible false refunds and stolen cards. These credit firms also want to avoid the issues that come with a high risk merchant account. Some card processing companies feel they’ll lose larger customers if they offer high risk card processing services.

Merchant Account
A merchant account enables you to process online credit and debit card payments. Your payment gateway deposits the funds from the credit card sales into your merchant account. The funds are then transferred from your merchant account into your bank account.

A merchant account is not a business bank account. Your merchant account is not controlled by you, it’s just a place to hold deposits.

Money from sales can’t be deposited directly into your business bank account because merchandise can be returned, and you may have to return the money. This process may carry a certain level of risk if it directly involves your bank. Thus, returns are only subtracted from what’s in the merchant account.

Your payment gateway might accumulate deposits from multiple sources. Your merchant account will then combine them into one single deposit for your bank.

Learn More About High Risk Merchant Account: https://www.highriskpay.com/high-risk-merchant-account/

Bad credit isn’t a problem. We approve merchant accounts for e-commerce or for credit card processing regardless of credit history.

If you want your business to grow, accepting credit cards is just what you need! Not only is bad credit not a hassle but signing up for a merchant account today comes with many benefits as well such as:

-Fast approvals
-No setup and cancellation fees
-No long-term contract
-No leases

We approve merchant accounts within 24-48 hours and quick setup once approved. You don’t want to lose another sale all because your business doesn’t accept credit cards, and if you apply today, you will be able to receive a retail credit card terminal.

Bad Credit Merchant Account Services
Business owners with a rough credit history or low credit score often have trouble getting merchant accounts. This type of account lets companies accept credit card payments from their customers whether they pay in person or online. There are, in fact, credit card processing options for owners with poor credit. With more people wanting to pay by credit card, it’s worth learning how to get a poor credit merchant account.

Learn More About Bad Credit Merchant Account Services: https://www.highriskpay.com/bad-credit-merchant-accounts/

High Volume Merchant Account – Credit Card Processing Services
Merchant accounts often come with a processing limit. When opening an account, the merchant account provider asks you for a daily transaction average and expects you to stay under that amount. Such a system protects both the provider and the credit card–issuing bank. The more cards processed, the greater the risk of a bad transaction or a refund. But this limit doesn’t help you as your business grows or if you find that customers make large purchases. Here’s where a high volume merchant account is critical.

What are High Volume Merchant Accounts?
When you have high volume sales, it’s a blessing. After all, more sales mean more profits for any type of business. However, when your customers are paying primarily with credit cards, businesses may run into problems.

Businesses may deal with unusual numbers of fraudulent transactions, chargebacks, and fraud. Basically, the more sales coming in, the higher the risk for problems. For this reason, many financial institutions and the largest credit card processors turn these merchants away, which negatively impacts the entire business. If you can no longer accept credit card payments, you run the risk of losing everything.

Read More About High Volume Merchant Account Services: https://www.highriskpay.com/high-volume-merchant-account/

High-Risk ACH Processing

Receiving payments from customers was once simple. The digital era, however, has made receiving payments more complicated yet also more efficient and effective, especially for holders of high-risk merchant accounts. Consider, for example, the transition from traditional checks — previously mailed to a vendor to complete a purchase — to electronic checks. With electronic checks, payments transfer instantly over the internet and receive verification and processing shortly after receipt.

Electronic check processing, typically called ACH or Automated Clearing House, is one term you might encounter in discussions involving payment processing although you’ll sometimes see the term EFT, for electronic funds transfers, used instead. Businesses in high-risk industries should pay particular attention to the value offered by ACH processing.

Learn More About High-Risk ACH Processing: https://www.highriskpay.com/high-risk-ach-processing/

eCommerce Merchant Account Services
E-commerce has changed how people buy goods in a big way. E-commerce, online-only, companies now sell everything from furniture to concert tickets.

People don’t have to go from store to store to find the items they want. Now, all they need to do is visit a website that has those items.

Customers enter their credit card details into secure forms, and the rest takes place online. The business gets the order, packs, and ships the goods to the customers.

However, e-commerce sometimes gets put into a high-risk area for credit card sales, but one of the issues comes down to chargebacks. Find out why low-risk merchant account service providers may not like handling accounts for e-commerce companies.

Check Out Our eCommerce Merchant Account Service: https://www.highriskpay.com/ecommerce-merchant-accounts/