February 4, 2019
Finding secure credit card payment processing solutions for a company and a high risk merchant account for like those that offer subscriptions is not easy, particularly in the event that you go looking in the wrong places. With being deemed as a high risk merchant, you will undoubtedly be rejected by traditional banks and aggregate… Read More
January 23, 2019
Updates in regulations are being implemented by Mastercard as it applies to merchants who provide a free billing trial or negative option – those assigned an MCC code of 5968 and classified as high risk merchants. Effect come April of 2019, these new policies and regulations will impact how merchants are billing their customers in… Read More
November 2, 2018
Return Item Chargeback There are many reasons a consumer may file a return item chargeback. There are over 50 chargeback reason codes between all the major card brands, and while the list is too long to cover them all here, we wanted to address the most commonly abused reasons for a credit card chargeback dispute… Read More
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
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
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
June 27, 2018
In the aftermath of high-profile mass shootings, corporate America has been taking a stand against the firearms industry amid a lack of action by lawmakers on gun control. Payment processing firms are limiting trades, Bank of America ceased providing funding to businesses that make AR-style guns, and retailers like Walmart and Dick’s Sporting Goods imposed… Read More
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
