Description: Looking for merchant account for your High Risk Business, Then your search Ends Today We accept all type of High Risk Business. Apply Now!
We at Merchant Marvels specializes in credit card processing services for high risk Business. Contact us to increase your sales and pay less in processing fees.
When a payment processor determines that your company account is more likely to have chargebacks, fraud, or a significant number of returns, they classify the account as high-risk. This may be the case for various reasons, such as the fact that you are a new merchant that has never accepted payments before or if your industry is regarded as high risk and has a high probability of fraud. To cover this risk, processing costs are greater for high-risk merchant accounts.
High-risk merchant accounts will always be charged more, even though each credit card processing platform differs. Processing fees will frequently be higher and, in some circumstances, double those of low-risk merchant accounts for all transactions. High-risk businesses also pay higher chargeback costs (fees you pay when a customer rejects a transaction with their credit card directly).