Let’s bring some clarity to this. First off, what exactly is a high-risk merchant? In simple terms, it’s any business that traditional processors see as having more uncertainty in their transactions. Maybe they experience higher chargebacks, operate in tightly regulated spaces, serve international customers, sell high-ticket products, or run on recurring subscriptions. Basically, anything that needs a closer look during approval. Think of industries like CBD and hemp, subscription boxes, trav...
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Let’s bring some clarity to this. First off, what exactly is a high-risk merchant? In simple terms, it’s any business that traditional processors see as having more uncertainty in their transactions. Maybe they experience higher chargebacks, operate in tightly regulated spaces, serve international customers, sell high-ticket products, or run on recurring subscriptions. Basically, anything that needs a closer look during approval. Think of industries like CBD and hemp, subscription boxes, trav...
The 3 Fastest Ways to Get Your First Payment Client
Profit From Payments Podcast
9 minutes
1 month ago
The 3 Fastest Ways to Get Your First Payment Client
Every year, the payment-processing industry quietly moves tens of billions of dollars in fees, money flowing through every checkout, every tap, every online sale. Most business owners never stop to think about it. Now imagine this: a single business processing one million dollars a year at an average rate of 2.9 percent is paying almost twenty-nine thousand dollars just to move their own money. Behind those fees sits an entire network of processors, referral partners, strategic platforms, ...
Profit From Payments Podcast
Let’s bring some clarity to this. First off, what exactly is a high-risk merchant? In simple terms, it’s any business that traditional processors see as having more uncertainty in their transactions. Maybe they experience higher chargebacks, operate in tightly regulated spaces, serve international customers, sell high-ticket products, or run on recurring subscriptions. Basically, anything that needs a closer look during approval. Think of industries like CBD and hemp, subscription boxes, trav...
