May 17, 2023
A psychic merchant account is essential for anyone running an online business in this unique industry. With occult services like fortune-telling and psychic readings, certain banks consider the industry high risk. Nonetheless, the demand for foreknowledge and insight into the unknown is on the rise. From large companies and platforms, psychic readers can freelance their… Read More
May 17, 2023
An acquiring bank is a financial institution who is a licensed member of a card association that maintains the merchant’s bank account. The acquiring bank allows merchants to accept credit card payments by working with the credit card companies and acting as a mediator for all transactions. There are several steps when setting up your… Read More
May 17, 2023
With the travel industry on the rise again, obtaining a timeshare merchant account is in high demand. Timeshares have a history of high risk in the payment processing industry. Many people who can’t make it to their vacation destination try to reverse payments after realizing they can’t cancel an agreement. Chargebacks, therefore, are an infamous… Read More
May 17, 2023
As exciting as being in the adult toy industry is, merchants quickly discover that banks treat adult toys payment processing differently. Sex toys are objects or devices that facilitate sexual pleasure. And these vendors all need sex toys merchant accounts. Adult toys and adult entertainment are part of a classification called “high risk.” It may… Read More
May 16, 2023
The merchant account underwriting process can be overwhelming. This is particularly true for high risk merchant accounts, and those merchants who have been declined by traditional banks and aggregate payment processors. In every industry, there are companies that challenge regulations and create a bad reputation for those who are legitimate merchants. Due to these untrustworthy… Read More
May 16, 2023
Selling eCigs and vape retail online is a profitable business model. Because of the nature of this industry, these companies need a bongs merchant account. It is a venture you can’t take on without proper payment processing solutions. And vape business owners must be aware of the regulations that come along with being in a… Read More
May 16, 2023
An online gambling merchant account isn’t easy to come by. Sites like Cardgames io, Replay Poker, and San Manuel Online Casino all have something in common; they work in a unique niche. It’s all fun and games until your customers can’t make payments on your site. Beyond industry risks, this industry sees higher levels of… Read More
May 16, 2023
Even though the market for kratom is starting to sky rocket, entrepreneurs are still faced with added difficulties. When it comes to obtaining a kratom merchant account, you will need high risk payment solutions. As a kratom shop business owner, it’s essential to understand the fundamentals when it comes to high risk merchant accounts and… Read More
May 16, 2023
How to get a merchant account for CBD products? If you are trying to get a merchant account for a CBD business, you’ll need to look for alternative forms of payment processing. CBD is a high risk industry in the financial sphere. This means your company requires a specific type of merchant account that allows… Read More