Card Processing for "High-Risk" Business Types

Many businesses have no difficulty in qualifying for a merchant account. However, each business is different, especially when considering the factors representing the type and amount of risk it holds. Occasionally, a few are classified as "high risk."

The determination of risk depends on many factors. The following items can all be reasons for naming a business as "high-risk":

• Type of industry
• Excessive chargebacks
• High number of transactions

Ecommerce websites, regardless of the type of business are often categorized as high-risk because the customer and their card are not physically present during the payment transaction. Other industries which may get classified as high risk merchants are those who offer free trials, or establish a monthly or weekly payment structure with the customer.

If your business has been clasified "high-risk," or if you have been denied a merchant account, Card Payment Systems can help. We consider each business on a case-by-case basis, so no matter your type of industry, past history or volume of transactions and chargebacks, Card Payment Systems can tailor a solution for your company.

Our solutions for "high-risk" merchant accounts provide the same features and benefits as a "regular" account, including secure and real-time processing, automatic deposit, fraud protection, customer support, reasonable rates, and in many instances, 48-hour approval.