PayKings Blog

What is a High Risk Merchant?

What is a High Risk Merchant?

October 31, 2018

How do you know if your business has been categorized as a high risk merchant and why is it important to make sure you have the right merchant account for your business? Not understanding the difference or the importance could have a detrimental impact on your business. Businesses that are considered high risk have to… Read More

Chargeback Protection — Visa’s New Chargeback Dispute Procedure

Chargeback Protection — Visa’s New Chargeback Dispute Procedure

October 17, 2018

With the amount of credit card transaction disputes (commonly known as chargebacks) climbing out of control and with processing costs rising, Visa has introduced the Visa Claims Resolution (VCR) initiative as a form of chargeback protection. Effective as of April 2018, all disputes and chargebacks will be processed through the VCR dispute settlement process. By… Read More

New Vape Regulations Could Put Retailers out of Business

New Vape Regulations Could Put Retailers out of Business

July 20, 2018

Vape stores and e-cig sellers have always been a hot topic in the high risk industry. Early on, they were seen as a huge money making, big business opportunity, and many entrepreneurs jumped at the chance. In fact, those who have been in the business for up to 20 years are seeing enormous returns on… Read More

High Risk Payments: A Risky Business?

High Risk Payments: A Risky Business?

June 22, 2018

Imagine with us, if you will, you are researching the next best industry to maximize your profits and fatten your wallet. During your probe, you come across something that causes you to pause. You discover that the industry deals in “high risk payments.” Is this really something that should cause you to turn tail and… Read More

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