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While some credit card processors are quick to turn down high-risk merchants, Aliant is happy to work with a broad network of financial approval networks to provide assurances in accepting them. Here?s how to determine if you need high risk processing for your business, and if so, how to choose the right payment processing company.
What Are High-Risk Merchants?
Businesses considered high risk are typically in industries associated with high chargeback rates, lots of fraud, or ones that are heavily regulated. Some examples of high-risk industries are e-cigarettes, gambling, telecom, firearms, travel services, electronics, event tickets, dating websites, adult entertainment, direct marketing, nutraceuticals, web software development, international business, and furniture and jewelry online.
Choosing a High Risk Processor
It?s not uncommon for high-risk merchant accounts to get turned away by payment processors. With that said, be cautious of the companies out there that advertise as ?high-risk merchant account providers,? as some are just looking to take advantage and charge high risk merchants outrageous rates, simply because they think that they can get away with it.
Aliant is proud to be a highly regarded payment processor that offers accounts to merchants in high-risk industries. If your business falls into the high-risk category, we are happy to work with you and provide flexible terms and conditions, as well as fair rates. With over 14 years of experience in the payment processing industry, we?ll help you to run your business effectively while monitoring fraud and chargebacks, and assist in keeping your costs down.
What is a High-Risk Merchant Account?
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