December 23, 2019
What is the NMI Payment Gateway? Network Merchants, Inc., or NMI, is the leading payment gateway service that provides processing for high risk merchant accounts. It has the highest level of customization and integration in the payment gateway industry. NMI enables merchants flexible payment processing anywhere. Moreover, NMI processes billions of dollars in payments each… Read More
December 10, 2019
It is no secret that marketing CBD continues to rise in popularity. It has become a billion-dollar industry and is projected to keep growing. As the industry advances, so does the demand for high risk credit card processing solutions. Many CBD merchants and sellers often face challenges in securing the payment processing solutions they need… Read More
November 5, 2019
If you process credit cards you have most likely heard the term “high-risk”. Some business types are considered high-risk in the credit card processing industry for many different reasons and as a result of this, high-risk businesses are often turned down for merchant accounts and in some cases shut off from processing payments entirely. It’s… Read More
October 7, 2019
01. You’re Categorized as a High Risk Merchant If it comes to payment processing, you might have difficulty getting approved for a merchant account since you run in a high risk industry or fall under one of any number of explanations why a merchant account provider would classify your company as high risk, such as:… Read More
October 4, 2019
Every retailer attempts to create a refund policy that will protect each purchase. Most payment processors prefer at least a 30-day unconditional refund policy. Many insist their customer take back the unused part of their merchandise. No merchant wishes to be taken advantage of having their product used and have the customer get all the… Read More
October 3, 2019
What do high priced ticket sellers, travel agencies, adult entertainment, online dating websites, medical marijuana practices, subscription boxes, and vape retailers have in common? They’re all high risk industries. Ultimately, banks and low-risk independent sales organizations (ISOs) avoid associating themselves with these and other high risk business types. This makes payment processing a challenge for… Read More
October 2, 2019
The eCommerce business has revolutionized the consumer shopping experience. With the internet boom allowing for retailers to sell goods online all aspects of this eCommerce industry are now strategically programed for spikes in customer transactions, like the ever-popular Black Friday or Cyber Monday. A major issue in the payment processing industry is a lack of… Read More
September 30, 2019
Credit card processing fraud is among the leading causes of profit reductions for merchants. Criminals gain access to credit card information and make unauthorized purchases. When the cardholder documents a chargeback and learns of these fraudulent transactions, the retailer ultimately becomes the victim. There are a range of things that have contributed to the rise… Read More
September 27, 2019
Like everything else in our technological world, payment trends are progressing from retails spaces and into the eCommerce sector – particularly cash discount and surcharging programs, which gained some real traction due to smaller margins and lower fees and rates on credit card payment transactions. A 2013 ruling against the card networks resulted in retail… Read More
