High Risk Business & High Risk Credit Card Processing
23 Jan
2020

High Risk Business & High Risk Credit Card Processing

Do you want to know what to expect after you’ve been tabbed as high risk? This article will tell you how to find a quality credit card processor for high risk transaction processing. Also, you’ll know the most important points concerning high risk credit card processing and businesses.

High Risk Credit Card Processing

If your company is involved in a high risk industry and there’s a risk of financial failure, expect your business to fall under high risk classification. Banks and merchant account providers will tab your business as high risk based on a higher rate of chargebacks and fraud.

Here’re some high risk credit card processing tips to take into consideration:

  • Don’t try to hide the products/services you sell
  • Prove you’re well-capitalized
  • In case you lack enough capital resources, submit previous processing history when applying to a processor
  • Go for a processor that allows for processing an unlimited volume of transactions and helps you scale accordingly

So, take the time to find a true high risk payment exert that can match hard-to-approve businesses with banks for high risk credit card processing with the cheapest rates. Make sure your potential processor:

  • Has an extensive partnership network
  • Has consultants who can offer tailored solutions to any business needs
  • Offers business funding solutions, check processing, fraud prevention and chargeback mitigation services, payment gateways, and more
  • Doesn’t offer unclear hidden sales tactics, confusing or contradictory information, and hidden fees.
  • Offers a dedicated account representative

And more.

When You’re a High Risk Merchant 

Below you can find a list of the products/ industries that processors usually classify as high risk:

  • Adult
  • eCommerce
  • Health/wellness
  • Financial services
  • Gambling
  • Legal services
  • Software
  • Tobacco
  • Travel and hospitality

If your business is in the high risk industry, make sure to comply with the corresponding local, state and federal laws, … Read the rest


Plan Your Trip To Wonderfull Indonesia
23 Nov
2019

Plan Your Trip To Wonderfull Indonesia. Gorontalo is a relatively new province on Sulawesi Island.
Many tourism potentials are scattered in this province,
but not much is known because this Gorontalo province is only used as a gateway to reach other tourism in northern Sulawesi.
One example, tourists choose flights to Gorontalo only to visit the Togean Islands National Park which actually enters the Central Sulawesi region.

The local government is improving and is starting to aggressively promote the customs, culture.

And the natural beauty of Gorontalo Province to be known and also ready to accept local and foreign tourists.
A beach on the south coast that is still in Tomia Bay was made the belle of tourism in this area.
However, what is favored is not the beaches, but the richness of marine life contained under the waters around the coast.

Plan Your Trip To Wonderfull Indonesia

This tour is named Olele Marine Park, located in Olele village, Kabila Bone District, Bone Bolango Regency.
It only takes about thirty minutes to forty-five minutes to reach this marine park.
The distance is about 20 km from Gorontalo city center.

The white sandy Olele Beach is very close to residential areas.
But the close distance does not make the surrounding waters polluted.
The water still has good visibility, the coral reefs are still dense and well maintained.
This proves that the local people still care and understand the potential of wealth in their area.

Olele Sea Park

Colorful coral with various shapes will welcome anyone who tries to throw themselves into the waters of the Olele Sea Park.
At a depth of two meters, a stretch of coral can be seen clearly.
This place is very suitable for snorkeling, plus the waters here are quite calm because it is located in … Read the rest