High Risk Merchant Services

Merchant accounts that are high risk are the best option for businesses with a risk that is high. It's not the same as conventional credit cards. It doesn't require a high credit score to be considered. Merchant accounts with high risk allow customers to pay by credit card. This kind of account is ideal for large credit card volumes. The first step is to establish the type of business you run to be able to be considered for a high-risk merchant account which will allow payments made with credit cards. It's not feasible to obtain an account that is high risk if your company is involved in sugar coating. This can lead to an inaccurate rate estimate. A low-risk company is one that makes credit card transactions of less than $500 per month, and has a chargeback rate which is below 0.9 percent. The chargeback ratio could be an alternative way of separating the high risk account from one that is safer.

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