MLM Multi-Level Marketing
High Risk Merchant Account for MLM Businesses
Multi-level Marketing (MLM, Direct Sales and Network Marketing) businesses are generally categorized as “high risk.” This industry, has unfortunately garnered a bad reputation, regardless of the actual legitimacy of any individual company. Further, how sales are typically made in the MLM industry (recruiting and reselling), creates increased chances chargebacks, which thus creates a higher-risk credit card transaction.Common Industry Types:
- Beauty/cosmetics
- Nutritional supplements
- Coffee, energy drinks and other beverages
- Home goods