PayKings Blog

Top 5 High Risk Merchants that Need Payment Processing

Top 5 High Risk Merchants that Need Payment Processing

July 6, 2020

Payment Processing for High Risk Merchants Many businesses often don’t even realize that they are a high risk merchant until something goes wrong. As a result, their payment processing account gets frozen for insufficient funds. Even worse, the chargebacks start stacking up and the account is completely shut down. The merchant is then left wondering… Read More

How to Acquire a CBD Merchant Account

How to Acquire a CBD Merchant Account

June 30, 2020

Cannabidiol, abbreviated as CBD, is one of 113 active cannabinoids identified in cannabis. Cannabidiol or CBD oil is a compound in marijuana that offers many benefits without any psychoactive effects. This is also know as becoming high. Health specialists are currently describing the benefits of CBD to be effective in treating major ailments and illness… Read More

Adult Payment Processing

Adult Payment Processing

June 23, 2020

Adult payment processing services enable companies to accept debit and credit card payments online. With that said, it’s essential to have the right adult payment processor for your eCommerce business. With the wrong setup, you will not have access to payment processing or be able to transfer funds from the card issuing bank to your… Read More

What is Chargeback Fraud, AKA Friendly Fraud?

What is Chargeback Fraud, AKA Friendly Fraud?

June 16, 2020

The American Dream has long since powered the dreams of citizens with the thought that you can be whatever you want to be, work where you see fit, and absolutely succeed. Some may argue that with the increase of ecommerce, the American dream is now more achievable than ever before. But one thing that is… Read More

How to get a Merchant Account for an Online Dating Site

How to get a Merchant Account for an Online Dating Site

June 10, 2020

In 2019 the online dating industry yielded over $2 billion dollars. There is clearly a market for this type of business, money to be made from mainstream and niche dating services alike. So how do you get your online dating business set up for payment processing that is reliable and secure so that your customer… Read More

5 Key Features To Finding The Best High Risk Merchant Account

5 Key Features To Finding The Best High Risk Merchant Account

June 1, 2020

What does it take to be the best high risk merchant account? Not all payment processors are made the same. There are several different merchant service providers in the industry and some are better than others for when it comes to key features. It is important when searching for the best high risk merchant account… Read More

What’s Considered A High Risk Business?

What’s Considered A High Risk Business?

May 21, 2020

A business is considered high risk if the company functions in an industry banks categorize as high risk. These high-risk businesses may operate in unique verticals like CBD or have payment models like subscription billing which can lead to higher chargeback rates. List of High Risk Factors So what exactly qualifies a business as high… Read More

Head Shops and Vape Merchant Accounts

Head Shops and Vape Merchant Accounts

February 25, 2020

Head shops, better known as, “smoke shops” are considered high risk merchants. The vaping industry and related products have seen many changes over the years. Smoke shop merchants face many legal obligations before they can even start selling products. Banks consider head shops and smoke shops liabilities for many reasons. One factor is age restriction…. Read More

Online Dating Chargebacks: Everything You Need to Know

Online Dating Chargebacks: Everything You Need to Know

February 19, 2020

by Don Bush, VP of Partner Engagement, Chargebacks911 Finding love online is big business. According to recent data published by IbisWorld, the online dating market in the US enjoyed 11.5% annual growth from 2014 to 2019, and now generates $3 billion a year in total revenue. It’s a great time to be involved in this… Read More

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