It is often confusing when you are turned down for a merchant account. Even if you have perfect credit and a great rating with the BBB, you can still be turned down. In cases such as these, the business you are trying to get an account for is probably classified as “high risk”. While these businesses are lucrative and in high demand, they do have risks that many merchant account providers will not deal with.
High-risk businesses are normal, everyday businesses. They include e-cig retailers, penny auction sites, and adult dating websites. While these are moneymakers, they are also at a high risk of having fraudulent transactions. These transactions can costs the business and merchant account provider money, if both are not prepared. If you have a high-risk business, you do not need to look for typical merchant account processors. You need to look for a processer that specializes in high-risk accounts, such as highrisk-merchantaccount.com. With highrisk-merchantaccount.com (HRG), you are in great hands. We are experienced in the trials and tribulations that high-risk companies can face, and we will not drop your account because of it.
Often high-risk processors charge high-risk merchants a higher percentage to process their payments. This is not so with HRG. We believe that high-risk merchants deserve fair rates, just like every other business. High-risk companies also deserve top-notch security, software, and terminals, and we offer those as well. Oddly enough, even though high-risk merchants are at a higher risk for fraud, many processors will not offer them the highest quality software and security. It is possible for a high-risk merchant to obtain a merchant account, and by choosing a processor who specializes and deals specifically with high risk companies, you will be in great hands.
High-risk companies are often turned down for merchant accounts, even if the owner’s credit and BBB rating is fantastic. It is possible to be approved for a high-risk merchant account. You just need to know where to look. Your first step should be to check out HRG. We specialize in high-risk accounts, and we offer the best security, software, and terminals for your business.
When you are ready to apply, contact us at highrisk-merchantaccount.com
