Many times, a merchant or industry is deemed high risk due to their high chargeback ratio. But what exactly is a chargeback? Simply put, it is when a customer (the cardholder) disputes a charge to their card issuer/issuing bank. For example, a...
The worst possible scenario has actually happened: you have been turned off from your current processor due to what they called “excessive chargebacks” or your account has been deemed “high risk” and they are no longer willing to take the...
You may not have ever believed it to be true, but there is such a thing as a merchant account blacklist – it’s actually known as the MATCH list or “Terminated Merchant File,” (TMF for short). Merchants are placed on this list because they were...
Highriskmerchant-account.com is pleased to announce its top ranking on TopCreditCardProcessors.com for the month of October 2014! TopCreditCardProcessors.com evaluates and ranks credit card processing companies to ensure that businesses make the...
Setting up a high risk merchant account is similar to setting up a traditional merchant account. If you’re looking to setup high risk merchant services, here are the steps you need to take: 1) Shop around – just because your industry...
