March 14, 2023
A rolling reserve is a strategy used by banks to shield themselves and the merchant from possible financial loss due to chargebacks from the customer. A portion of the funds are collected via credit card and secured by the bank from the merchant’s account to minimize the risk of potential chargebacks. The rolling reserve amount… Read More
March 14, 2023
If you’ve read the news lately, you have noticed the growing number of vape, electronic cigarettes, and smoke shops opening. So you won’t be surprised to hear that the demand for vape merchant accounts is on the rise. In fact, researchers estimate the vape industry will be worth over $8.26 billion by 2025. With this… Read More
March 14, 2023
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
March 13, 2023
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
March 12, 2023
In order to obtain a Delta 8 merchant account, it is first important to understand the details of this product that’s blowing up the market. Although Delta 8 is gaining popularity, it is still very new. As a result, acquiring banks and payment processors must abide by state and federal hemp product regulations. This is… Read More
March 12, 2023
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
March 11, 2023
The hemp, CBD, and cannabis industries are continually being explored and developed by entrepreneurs. With all of this progress, THC-O is one of the newest cannabis products hitting the market, which means business owners need to obtain a THC-O merchant account in order to process payments for THC-O products. THC-O Merchant Accounts THC-O, CBD, Delta… Read More
March 10, 2023
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
March 10, 2023
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
