High risk merchant account domestic and offshore in 2019. This is a popular subject as more countries open up to new services. High-risk merchant accounts are a group of finance services that allow businesses to receive 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 reduced options in processors, plus higher fees and harsh contracts. Being labeled as high-risk looks terrible. But in some cases, it can be your best option. We have been writing about diverse aspects of the high-risk merchant account market for years and have probably reached on most, if not all of them, of the most important problems. Here are some more guides on high risk merchant account processing.
High risk credit card processor : With flexible multi-currency accounts, Durango Merchant Services works with both US and international merchants. The company has earned high marks for its outstanding customer service and customized pricing plans.
Many financial service providers do business only with with low-risk businesses, who they consider as a safer investment. That means businesses considered high-risk will have a very small 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. It’s virtually impossible for eCommerce merchants to do their business without accepting credit or debit cards. Before you can take “plastic,” you have to use a payment service provider who acts as a link between you, banks, and credit card networks. Read more details at High risk gateway.
If you are an online-only business concerned about chargebacks and fraudulent purchases, Authorize.net provides some interesting solutions. The company offers something called an Advanced Fraud Detection Suite, free of charge to their customers. The service aims to prevent suspicious and fraudulent transactions from going through. For example, you can restrict transaction activity from specific. For example, if your customers are primarily from the United States, one transaction from another country would immediately be flagged and rejected.
We worked with all of the high risk credit card processors, to be able to compare and a strong pick is iPayTotal. They cover all business types, have a large experience in the field, fast customer support and low fees.
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. Source: https://ipaytotal.com/ipaytotal-high-risk-merchant-account/.