It’s virtually not possible for eCommerce merchants to work without accepting credit or debit cards. Before you can accept “plastic,” you have to use a payment processor who acts as a liaison between you, banks, and credit card networks. Many financial processors do business exclusively with low-risk merchants, who they consider as a low risk investment. That means businesses considered high-risk will have a limited selection of potential processors to choose from. Any processor you approach will take a careful, detailed look at your business to determine if you fall under their definition of “high risk,” based on the financial risk your company represents.
Customer Support: Things happen. You never know when a small problem or bigger crisis will occur. Payments and uninterrupted cashflow to your business bank account are vital, so you want to make sure that you’ll have someone to help you out at any time. Remember that you’re running a business, and any downtime with your equipment or systems can mean less money for you and your business. Whether you’re able to call in or receive some type of help via chat, you should make sure that fast customer service will be available for you. The ideal situation would be to make sure that you have a dedicated account manager’s contact who is available for you at any given time.
Active under various names since 1997, High Risk Pay is specifically focused on serving high risk merchants. The company offers point-of-sale equipment, ACH processing, and chargeback prevention to all of its merchants. High Risk Pay can process payments for e-commerce, travel, e-cigarette, startup, bad credit, international, high volume, and adult merchants.
High risk payment platform in 2019. This is a hot topic as more countries open up to new services. High-risk merchant accounts are a group of finance services that enable firms to accept card payments from customers. Credit card processors assign merchants to one of two categories: high risk or low (normal) risk, based on a number of factors. High-risk merchants face limited choices in processors, plus higher fees and stricter contracts. Being named as high-risk sounds terrible. But in some scenarios, it can be your only option. We have been discussing about various properties of the high-risk merchant account industry for many months and have most likely touched on most, if not all, of the most important issues. Here are some more guides on high risk merchant services. Read extra details at High risk merchant account cbd.
Using an omni-channel platform that adapts to any payment experience, Inovio strives to simplify the confusing payment process. Their flexible APIs, seamless integration and other services work with multiple payment technologies. We did transactions on all of the high risk credit card processors, to be able to compare and a very good choice is iPayTotal. They cover all business types, have a vast experience in the business, fast customer support and low fees.
High-risk merchants have essentially the same needs as everyone else when it comes to selecting a merchant account – it’s just harder to find them if you’re in the high-risk category. High-risk retailers are going to want to have access to reliable, up-to-date credit card terminals, as well as possibly POS systems and mobile payments solutions. eCommerce merchants in the high-risk category will need a solid payment gateway, and possibly a virtual terminal to go with it. Integration with online shopping carts is another important feature.
Our goal is to have your account approved as soon as possible with the best rates. Typically within 5-8 days, your account is ready. Integrate your website with a selected payment gateway or use a Virtual Terminal to accept credit card payments. Tailor-made package includes an arrangement of a merchant account (MID) with one of our EU/UK or international acquiring banking partners, with an award-winning payment gateway service, reporting tools, integrated fraud-prevention, and free dedicated lifetime support. We bring transparency and standards to the high-risk payment processing industry, providing businesses with the most competitive deals in high-risk merchant accounts suited to their needs – not just for now, but long-term.
Company Address: 60 Windsor Avenue London, England SW19 2RR
Company Website: https://ipaytotal.com/.
Support Email: email@example.com
UK Tel:+44 800 776 5988
US Tel:+1 845 215 4017
Company # 11357725