High-risk businesses aren’t necessarily “bad” business. On the contrary, if handled right, high-risk business can mean high profits for the bank, processors and the merchants themselves.
In business, risk is defined as an action that promises a great reward while bearing great threats. These threats are what first comes to mind when a processor evaluates businesses, [...]
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. If we look at what makes [...]
Our handy-dandy glossary of payments terms defines a merchant account as: "A bank account which the merchant holds with an acquiring bank to process credit card transactions." A "merchant ID" [...]
We’ll just come out and say it: 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 [...]