What You Should Know About High-Risk Merchants and Chargebacks
Some businesses are at a higher than normal risk of suffering chargebacks and can be designated as “high-risk” by acquiring banks.
What Are High-Risk Businesses and High-Risk Products?
High-risk businesses aren’t necessarily “bad” business. On the contrary, if handled right, high-risk business can mean high profits for the bank.
What is High-risk Credit Card Processing?
High-risk merchants pay more for processing but gain access to unique opportunities, benefiting both processors and merchants.
Merchant Risk and How to Manage It
So you're a high-risk merchant; it's really not the end of the world. High-risk merchants have superior access to global markets and unlimited processing.
Merchant IDs for High-Risk Verticals
A "merchant ID" or "MID" is the number that identifies one or more merchant accounts that belong to an entity. You need a MID to process payments.
How to Win at High-Risk Merchant Services
Being a high-risk merchant can be a drag. The high-risk designation can seem like a fat target on your business’ back for superfluous account fees.