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What Is a High-Risk Merchant Account?

Street Address 640 BAILEY ROAD RD 217 PITTSBURG CA 94565
City Bakersfield
ZIP/Postal Code 94565
State California
Country United States
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What Is a High-Risk Merchant Account?

  • High-risk industries are industries that are prone to fraudulent sales and chargebacks.
  • These industries need high-risk merchant account where you can accept payments.
  • high-risk merchant account can be used by these businesses to process credit card transactions.

Why High Risk Merchant Account is Important?

A high-risk merchant account is very important to receive payments.

Companies that have over $20,000 in sales per month, average credit card sales of $500 or more, or a business that has a bad credit history may also need a high-risk merchant account.

A high-risk merchant account may have higher fees and different terms than a traditional merchant account as well.

Don’t worry if you fall into these categories, as there are still plenty of excellent merchant providers available.

 

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