Third party high risk merchant accounts in 2019. This is a popular topic as more countries open up to new products. High-risk merchant accounts are a group of finance services that enable companies to accept card payments from customers. Credit card processors assign merchants to one of two categories: high risk or low (normal) risk, based on a number of factors. High-risk merchants face limited options in processors, plus higher fees and strong binding contracts. Being labeled as high-risk sounds terrible. But in some cases, it can be your best option. We have been discussing about various properties of the high-risk merchant account industry for many months and have almost sure touched on most, if not all, of the most deciding problems. Here are some more guides on high risk credit card processing.
High risk credit card processor : Focusing primarily on high-risk e-commerce businesses, eMerchantBroker claims they approve 99% of all account applications. The company has a positive reputation for transparent customer service and reliable support.
Lots of financial processors do business exclusively with low-risk merchants, who they see as a low risk investment. That means businesses considered high-risk will have a very small selection of potential processors to choose from. Any processor you approach will take a careful, detailed look at your business to determine if you fall under their definition of “high risk,” based on the financial risk your company represents. It’s virtually impossible for online shopping merchants to do their business without accepting credit or debit cards. Before you can take “plastic,” you need a payment processor who acts as a liaison between you, banks, and credit card networks. See more info at High risk merchant account business types.
Active under various names since 1997, High Risk Pay is specifically focused on serving high risk merchants. The company offers point-of-sale equipment, ACH processing, and chargeback prevention to all of its merchants. High Risk Pay can process payments for e-commerce, travel, e-cigarette, startup, bad credit, international, high volume, and adult merchants.
We used all of the high risk credit card processors, to be able to compare and a strong pick is iPayTotal. They cover all business types, have a vast experience in the field, fast customer support and low fees.
Our banks have been selected to assist our customers to get the most secure high-risk merchant account solutions for their business sectors. We have chosen the banks with the highest integrity and methods, adding confidence to your payment processing solution, to get you the best transaction fees for high-risk sectors. We offer the kind of value and personalized service your business needs to get off the ground and grow. Our support team will work with you to identify the best merchant services and payment products to fit your needs. And, whether you have a question about your merchant account, need help with chargebacks, or have a question about your statement, our representatives are ready to help 24/7.Our team will prepare a solution tailored to your business. ?We combine the right technology with service and support to ensure you never miss out on an opportunity. Source: https://ipaytotal.com/ipaytotal-high-risk-merchant-account/.