You have to have a merchant account with an acquiring bank before accepting payments online. Payment gateway» Blog » Payments» High risk processing – definition Here are some of the industries: travel, dating, adult entertainment, If you run a high - risk business, one of the best possible solution to consider is to.
We have focused on high - risk business merchant accounts since 2001 If you work with a business model that deals with a free trial followed by a recurring payment, you are considered high risk. Dating sites; Health and Wellness products; Bitcoin products and services; Adult memberships, products, services; Travel....
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What Does the Classification of High Risk Mean for Your Business? As much as it is important for you to know where your money is going, it is also critical for you to understand who is responsible for your account. If your business is considered high risk, this classification can be for many reasons. You have experienced rapid growth and need more volume or additional merchant accounts. HIGH-RISK BUSINESS FACTORS AND MORE. What is a high risk merchant account? HOW DOES EMV LIABILITY SHIFT IMPACT MERCHANTS? We directly process your merchant accounts. Generally, you are considered high risk if you have the following traits: Online Payment Processing is not a one-size-fits all industry. You will now receive daily news and updates from MerchACTthrough our newsletter. However, with the increase in the ability to purchase items online, this means the use of paying by cash is no longer the top option in paying for these goods and services, blog adult dating merchant accounts considered high risk. Speed dating is also fun because the organizers limit groups by age. They are turning away all businesses […]. Many organizers advertise love questions must before sessions online and take payments online. High Volume Merchant Accounts.
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No long lunch plans, no worrisome evening date and there is no risk that an unwanted suitor will get your phone number. Pin and Chip card. Why would an organizer need an adult dating merchant account? Why Is Your Business High Risk? But if you are an organizer and want to accept credit and debit cards you will need a high risk adult dating merchant account. How Can Hosting Speed Dating Be Considered High Risk?