Struggling to get a standard merchant account? Facing one rejection after another? Normally, when trying to get a payment processing account, you should be given the reasons why you’re rejected. If you know nothing, chances are your business or industry is labeled as high risk.
Certain...
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High risk industries are often the most profitable ones, but at the same time, they’re often wrongfully labeled by banking institutions. There are numerous industry factors that can cause a business to be deemed at high risk.
From chargebacks and potential licenses to cardholder disputes and...
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Running a high risk business offers plenty of opportunities. On one hand, it's an advantageous venture bringing in numerous benefits and, if done by the book, a good profit. On the other hand, the high risk profile could cause some problems and limitations in the long run.
Managing a local...
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