Are you looking for high risk credit card processing? or high risk merchant account instant approval? Are you facing problems to Open a Merchant Account? Banks decline your request because the industry is associated with high risk? Businesses from all over the world, that comes under High-Risk Industries such as airlines, offshore processing, online reservation services etc. where the transaction takes place way before the actual delivery of the service to the end user.
High risk credit card processing can be complicated, yet it’s not an end for your business. Maintaining any business nowadays pretty much necessitates that you give your clients the option of paying with credit or debit cards. In case you’re in eCommerce business, credit/debit cards are just about your only choice for getting paid. Albeit small private companies can get by with a payment service provider (PSP, for example, PayPal or Square, when your business achieves a specific size, you will need to move up to a full-service merchant account. While it would be decent if credit card processors treated all organizations similarly, the truth of the matter is that they don’t. Larger, high-volume organizations get to bring down processing rates and regularly get increasingly generous contract terms. Organizations are additionally treated distinctively dependent on the level of financial risk they present to their processor.
If for any reason, your business is considered to be a high-risk one, the outcomes can be extreme. Most of the processors will just decline to approve you for a merchant account, while others will charge you fundamentally higher rates and fees than you would some way or another need to pay. Shockingly, there are also a lot of merchant services providers that purposely market to high-risk organizations for High risk credit card processing that are attempting to get approved for a merchant account, just to rip them with unbelievably high charges and rates.
In this blog, we’ll talk about the elements that lead to a business being named high-risk and how this assurance will influence your capacity to get a merchant account. We’ll also give a few suggestions to high-quality providers that represent considerable authority in servicing the high-risk area.
iPaytotal is here for you to start and grow your business on your own terms and conditions. Our customized services equip our clients with cutting-edge tools in the armor of our existing experience and reliable solutions to get you through the Gordian Knot.
Opening a High-Risk Merchant Account has never been so easy. All you need to do is register yourself with us, lean back and fold your arms behind the head. Our devoted staff will contact you and disclose the competitive pricing and conditions. You may now choose your plan, ask for customizations (if any) or you have any query regarding the procedure, we are more than happy to help you. We will suggest the best for your business like it was our own.
Well, iPayTotal makes sure that you are able to accept payments within 24-48 hrs of your application approval. Besides this, we ensure that all your documentation and procedures are secure, reliable and in compliance with the international standards. Still, if you need our assistance we are just a call away.
Unbelievable as it may sound, but with our services you enable yourself to focus on other more important aspects of your business without being distressed with trivial issues.