High Risk Merchant Account
As mentioned, our specialty is helping you to get a High Risk Merchant Account. Getting approved for a high risk merchant account can be very difficult. However, we at Merchant Discount Rate are experts in obtaining approval for high-risk merchant accounts. High risk credit card transactions are scrutinized because credit card holders are not present to physically sign for the transaction. This in turn makes the Online business susceptible to fraud. Many banks will hesitate or refuse to approve your high-risk merchant account request with no history. There are many businesses that fall under the label of "high risk" designation for merchant accounts including: international sales, adult services, online store: pharmaceuticals and adult industry, moto-merchants (credit card sales done over the telephone), recurring billing, and sudden high volume sales businesses. Merchant Discount Rate will ensure that your high risk merchant account gets approved within 48 hours, leaving you to focus on doing what you know best.
Banks distinguish High Risk Merchants differently and determining factors are not the same among major banks. Some of the factors include the scope of business, your personal credit score, how long you have been in business, where you bank, accepting payments overseas, doing business over state lines. To add, most Online Merchant Accounts are considered high risk and as a result pay a higher credit card processing rate. At Merchant Discount Rate, we will give you the best rate possible, no matter what your Risk may be.
Many booming industries around the United States and around the world are labeled high risk merchant account simply because they offer free-trials. Some of the more popular high risk merchants include medical marijuana dispensaries, online gambling, online dating sites, and adult entertainment industries fall under this very broad umbrella. In fact, almost any ecommerce business will fall under the scope of high risk merchant account as well if you have no previous credit history or have derogatory credit information. Regardless of why you fall into this category,Merchant Discount Rate will accommodate your needs and get your merchant account request's approved.
Some of the more obvious High Risk Merchants would include
Electronic Cigarette Merchants
Medical Marijuana Merchants
Vitamin Supplement Merchants
Regardless the business, we will get you approved. To get more information fill out the form at the top of the page.