Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is a High-Risk Merchant and why might I need a High Risk Merchant Account?

0

High Risk Merchants are service providers with businesses that have a high credit rate or a business that has a high turnover but also, an increased risk of fraud. Merchants who run high risk businesses have a hard time finding credit card processing options. Very few online merchant account providers are willing to take the risk to support the merchants and if they do the charges applied are so high that it is at times not feasible.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123