Merchant Account Blog & Credit Card Processing Blog

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High Risk Credit Card Processing

High risk credit card processing is a solution for certain business types that are deemed high risk by the industry and often declined for processing by most processors. Typically these business types have proven over time to produce a high average of “Chargeback” and present a high risk of default to the merchant bank. Below are some examples:

* TRAVEL RELATED BUSINESS
* ADULT WEBSITES
* BAIL BONDS BUSINESS

Another problem is a business that is either illegal or perceived to be illegal:

* ONLINE GAMBLING
* ONLINE PHARMACY
* ONLINE TOBACCO SALES
* ONLINE GUN SALES

Every high risk business type has it’s own variables. Certain banks may be willing to accept some of these accounts, but most would not. A merchant would need to have many favorable items to be considered and have a chance of approval. These are some points to be considered.

* CREDIT RATING OF THE PRINCIPAL
* CURRENT PROCESSING HISTORY ( NO CHARGEBACKS )
* FINANCIAL STRENGHTH OF THE MERCHANT

These are just a few things to consider when seeking ”HIGH RISK CREDIT CARD PROCESSING“. We may have a solution for your business, so if you would like to discuss your possibilities, please feel free to give me a call. We look forward to speaking with you.

MARK SANDS
1st National Processing
http://www.usa-merchantaccount.com
1-866 828-8683

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HIGH RISK MERCHANT ACCOUNT

We now have a solution for online tobacco sales, such as ecommerce cigar sales. As you know online tobacco sales requires a High Risk Merchant Account. Several issues including state tobacco taxes and sale of tobacco to minors are the main reason for the high risk classification. Many merchants have spent alot of money to design a tobacco website, only to find out that they cannot get credit card processing for their ecommerce website.

We are adding high risk payment solutions to assist merchants who have been declined elsewhere. Our solutions will very based on the business types and amount of business history. Certain solutions may require more paperwork, set-up fees, higher rates, and rolling reserve accounts, but keep in mind that we can get you approved to accept credit cards with a high risk merchant account.

In summary, if you have been declined by other processors, we are confident that we can get you approved. Give me a call to discuss your credit card processing needs.

MARK SANDS
1st National Processing
http://www.usa-merchantaccount.com
1-866 828-8683

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