Three Industries that Require High-Risk Merchant Accounts

High-risk merchant accounts are an unfortunate exigency for many online businesses. Having a merchant services account is required to utilize any modern payment processing service, but this can get complicated depending on what you're selling. E-commerce can be a particularly sticky challenge to overcome in this regard, as online purchases are almost always higher-risk than in-person purchases with signatures. Disputed purchases are far more common, as are applications of stolen identities, as are unbidden charge backs, all posing a much greater risk to the processor and vendor. The following are three things that require appropriate care and will usually demand a high-risk merchant account to sell.

E-cigs are at the top of the list. Finding an electronic cigarette merchant account provider can be a grand challenge. E-cigs are considered to be of questionable legality by some, and their regulation is in question as well. Things have been changing with e-cigarettes since they started being sold, and they aren't about to stop soon. This makes them high-risk products. They have also had a history of chargebacks above and beyond the usual, in no small part because of people discovering that they aren't fond of some of the flavors they have found. Until the market stabilizes, they will remain high risk.

Adult products of all kinds are other high-risk items. Because of their sometimes-embarrassing nature, many people will try to claim they didn't order them if they are discovered by individuals they don't want knowing about them. This frequently leads to a chargeback to try to deny it more thoroughly and get their money back, even if discrete shipping is available. This is coupled with, again, some potential issues with shipping in some states. All in all, adult materials are among the highest-risk products simply because so many people take issue with them.

Finally, any kind of alcohol comes with similar issues, especially when sold online. The questionable nature of alcohol being purchased online coupled with the issues associated with identification lead to higher incidences of lost products, refunds, chargebacks and so on, making them a very volatile product to sell from a financial perspective. This can require a high-risk merchant account to sell at all.

These are just three products that tend to come with higher risk. There are many others, and different circumstances related to how a business is set up can contribute further to the risk. Finding a high-risk merchant account that suits your needs may be a necessity.

Read more...

Merchant Accounts

In today’s business you need a lot of perseverance and capital to pursue your dream of having a business that’s profitable and caters to the needs of the consumer. You need a lot of help from other people to start your business in the right tracks. You will need skilled staff, good management team, quality products and good customer service. Good service also requires dependable merchant services to help in processing payment transactions. And one good company to help the starting businessmen in this area is the First Data Independent Sales Services which offers online credit card services which is necessary for merchants to accept credit cards in their stores and business areas. This is very much needed as we all know all business establishments nowadays are accepting credit cards payments and you might lose sales if you only accept cash payments.

First Data Independent Sales Services will help you get a free merchant account and you’ll save money if you already have credit card machines because setup and programming is free of charge. Whatever your business is FDIS offers variety of merchant products and services to meet your business performance, size and cost. They provide services for all types of business namely: E-Commerce by means of LinkPoint Central which allows merchants to enter credit card transactions on PC manually through Internet; Retail stores; Phone/Mail Order; Wireless merchant account, Restaurant and The TeleCheck® Warranty and Electronic Check Acceptance® (ECA®) Service.

By signing up you’ll get competitive package with FREE merchant account, credit card processing software, credit card terminal program,online sales tracking and reporting, shopping cart and secured gateway payment setup. For inquiries they have 24-hour customer service in 150 languages and dialects. It’s like having a one-stop shop for all your transaction processing needs.

Read more...

Merchant Advisors

Many people at one point in their life after many years of working as employees want to have a business of their own. Some have already established their business but want to expand it to broaden their profitability. Whatever is the goal of the entrepreneur the most important is the capital for the chosen line of business. In this area we need someone or a group of people who will advice us or fund our small businesses to help it grow and expand. This is where merchant advisors help the businessmen by providing cash advances to them. As long as you have been in business for at least one year you’re qualified. They help the merchants in things like Credit Card Processing, providing the means for merchants to accept credit cards in their stores or business area. As we all know all business stores and areas nowadays are accepting cards so it’s a big factor if you’re available for cash payment and/or charge or credit card payment.
Merchant advisors are a good thing to have because it’s like having someone who will look into your needs and give you solutions to it. They will help you finance your business and at the same time guide you to learn the Merchant Services Credit Card Processing. You only need one company for all your needs. Application is very easy and quick, no application, closing fees and no obligation whatsoever, there’s a very high percentage of approved cash advance. You can be approved within 24 hours and receive your loan through wire payment within the next 72 hours. You’ll be guaranteed that all information is safe and confidential. So for all your Credit Card Processing Service needs don’t be convinced by other company who offers the same but not true. Read the testimonials and you’ll see the difference.
Avail of their 30-day free trial and free merchant account programs.

Read more...