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 Shocking Truth Behind Payment Processing Fees (Is there any opportunity?)
Profit From Payments Podcast
13 minutes
1 month ago
The Shocking Truth Behind Payment Processing Fees (Is there any opportunity?)
Think about this for a second. Every time you swipe your card for coffee, tap for gas, or buy something online, a tiny fee quietly moves through the system. You don't see it. You don't think about it. But that invisible toll has minted more billionaires than Silicon Valley. Visa made roughly thirty-six billion dollars last year, just by taking a few cents from billions of swipes. Stripe processed about one-point-four trillion dollars in payments, about 1.3 percent of global GDP, simply by col...
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...
