High Risk Merchant Account Guide

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High-Risk Merchant Account
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What Is 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.
• A High-Risk Merchant Account can be used by these
  businesses to process credit card transactions.

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Why High Risk Merchant Account is Important?

• 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.
• Dont worry if you fall into these categories,
  one of there are still plenty of excellent
  merchant providers available.

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Which Industries Need High Risk Merchant Account?

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• Companies that experience a high number of
  chargebacks and fraudulent sales are considered
  high risk.
• These include eCommerce sites, events, travel,
  internet services, and more.
• Below is a list of industries that are considered
  high risk.
• The list is not complete and many other
  industries are prone to chargebacks and will
  require a high-risk merchant account.
• If youre not sure about your industry, you can
  contact 5 Star Processing to learn more about
  high-risk merchant accounts. 
• Collection agencies, bankruptcy lawyers,
  financial consulting,
• Gambling, online gaming, fantasy sports websites
• Vape shops, drug paraphernalia, adult shops
• Health and wellness, get rich books, life
  coaching
• ISP services, VoIP services, SEO Services

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How To Apply For a High-Risk Merchant Account?

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• Before applying for a high-risk merchant account,
  be sure to spend time researching the wide range
  of providers.
• Each provider is unique and will provide
  different rates, terms, customer services, and
  additional services.
• When youre ready to apply, youll be asked for a
  variety of paperwork including incorporation
  certificates, shareholder certificates, credit
  processing history, and your passport.
• Be prepared for the application and the process
  will go smoothly. 

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One Stop Solution For High Risk Merchant Account

• 5 Star Processing is a team of experts who
  provide high risk merchant account in less time
  or easily.
• 5 Star Processing experts are one step away from
  you, just dial the toll free number 1
  888-253-9692 or reach us by feeling the contact
  form.
• Reference https//5starprocessing.com/high-risk-
  merchant-account/

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• Thank You!