Looking for a Business Consulting Merchant Account?

Look no further than PayKings, the leading experts in getting your Business Consulting Merchant Account ready to accept payments. Get approved today for your high risk merchant account at reduced rates and fees.

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Do You Need Business Consulting Merchant Account Solutions?

Business consulting businesses are classified as high risk companies by acquiring banks for credit card processing. Being high risk also relates specifically to business consulting companies because of the average volume of large transactions. As a result, there is a delay between billing and the delivery of services. As a general rule, most US acquiring banks are reluctant to underwrite consulting companies.

So what exactly does this mean to you and your business consulting company? It means you’ll need a high risk merchant account. Luckily PayKings specializes in working with high risk merchants. We have multiple acquiring banking partners offering business consulting merchant accounts.

Business Consulting Merchant Account

How Does Being High Risk Affect Your Business Consulting Merchant Account?

The two most important factors for businesses with a high risk merchant accounts status are:
 

Underwriting

If your business is categorized as high risk, such as a business consulting company, you are most likely going to have a more difficult underwriting process. You will be required to come up with tax returns and corporate filing paperwork. Also required are several months up to a year of bank statements and processing background.

 

Processing Fees

Therefore, you can anticipate greater than normal and almost unnecessarily excessive fees. This includes but is not limited to higher fees per credit card transaction, higher fees for monthly statements, and a bigger than normal cash reserve. Similarly, you want to be sure you are aware of the acquiring bank policies in the occurrence of potential chargebacks and or refunds.

Additionally, remember that the above only applies if a financial institution decides to approve you. Many banks will not approve higher risk businesses. And it can be incredibly tough for a business owner to discover a reliable payment processing partner. You don’t have to go through the run around of applying with several banks only to get declined. PayKings makes getting approved for your business consulting merchant account simple. Above all, complete our QuikQuote form to get your business consulting payment processing approval started.


PayKings Can Help With Your Consulting Merchant Account

When you apply for a business consulting merchant account, the underwriters for the acquiring bank are analyzing several factors of your consulting business. Meanwhile, the merchant processing company determines whether your business consulting company is one that has a high probability of high chargebacks. This is what classifies your business as needing a high risk merchant. As a business consulting merchant in need of a high risk credit card processor, they will have to attain a high risk merchant account with a reputable company like PayKings. In conclusion, PayKings are the best in the payment processing industry when it comes to high risk merchant accounts.

Why PayKings?

PayKings understands the unique needs of the different business consulting related businesses and has established 24+ acquiring banking relationships to become a experts in getting business consulting merchant accounts set up and accepting online payments.

Looking for a Business Consulting Merchant Account?

Our Services

Business Consulting Merchant Account Experts

  • 20+ Proven Bank Relationships
  • Medium/High Risk Accounts
  • Fast Business Consulting Account Approval
  • Large Merchant Case Studies
  • E-Commerce and Retail Options
  • B2B Vendors Supported

Multiple Payment Solutions

  • Multiple E-Commerce Gateway
  • Chargeback Prevention
  • ACH
  • E-Check
  • Credit Cards
  • B2B-Level II/III Data Discounts
  • 3D Secure Frictionless Checkout
  • Mobile Payment
  • EMV Readers

Intuitive Compatibility & Support

  • Gateway Recurring Billing
  • Vault
  • E-Commerce Cart Plugins
  • Developer API / Docs
  • POS/Terminals
  • International Merchant Accounts
  • Dedicated Account Managers

Ready to get started?

Start Accepting Payments Today

Apply for a merchant account