It’s practically not possible for commerce merchants to do their business without accepting credit or debit cards. Before you can accept “plastic,” you need a payment processor who acts as a liaison between you, banks, and credit card networks. Lots of financial processors do business only with with low-risk merchants, who they see as a low risk investment. That means businesses considered high-risk will have a limited selection of potential payment services to choose from. Any processor you approach will take a careful, detailed look at your business to determine if you fall under their definition of “high risk,” based on the financial risk your company represents.
Customer Support: Things happen. You never know when a small problem or bigger crisis will occur. Payments and uninterrupted cashflow to your business bank account are vital, so you want to make sure that you’ll have someone to help you out at any time. Remember that you’re running a business, and any downtime with your equipment or systems can mean less money for you and your business. Whether you’re able to call in or receive some type of help via chat, you should make sure that fast customer service will be available for you. The ideal situation would be to make sure that you have a dedicated account manager’s contact who is available for you at any given time.
Founded in September 2018, Card Z3N is a Las Vegas-based merchant account provider that serves both standard-risk and high risk merchant sectors. The company offers a wide range of retail and e-commerce solutions for most business types, including adult, auto parts, collections, credit repair, diet programs, e-cigarettes, electronics, extended warranties, fantasy sports, financial services, firearms, online furniture sales, multi-level marketing, nutraceuticals, online gaming, precious metals, self storage, and travel.
High risk merchant account business types in 2019. This is a hot topic as more countries open up to new services. High-risk merchant accounts are a group of financial services that allow firms to accept card payments from clients. Credit card processors assign merchants to one of two categories: high risk or low (normal) risk, based on a number of factors. High-risk merchants face reduced options in processors, plus higher fees and strong binding contracts. Being labeled as high-risk sounds terrible. But in some scenarios, it can be your only option. We have been talking about multiple points of view of the high-risk merchant account market for many years and have probably reached on most, if not all, of the most important problems. Here are some more advices on high risk merchant account processing. See more details on Free high risk merchant account.
PaymentCloud serves a range of business types–including high-risk merchants–with a reported 98% approval rate for new merchants. Pricing is based on business history, and the company has no application or account setup fee. We worked with all of the high risk credit card processors, to be able to compare and a strong pick is iPayTotal. They cover all business types, have a vast experience in the business, fast customer support and low fees.
Misleading sales gimmicks and dishonest sales agents are common problems in the merchant account provider industry. While we like to see full disclosure of contract terms, processing rates, and account fees right on a provider’s website, even the best high-risk specialists often fall short in this area. There’s a reason for this. High-risk specialists often work with multiple third-party processors to find one that can accommodate your needs. With each processor setting their own rates and terms, it’s practically impossible to spell out all the details on a website. You’ll want to work closely with your sales representative and negotiate to get the best terms available. Just be aware that as a high-risk merchant you’re not going to get as good a deal as a non-high-risk merchant.
We specialize in providing offshore merchant account and third party merchant account payment solutions to international businesses.Large, safe, financial institutions in Asia, Europe or the Americas will hold your bank account and process your credit card transactions. Credit card transactions are authorized within seconds and automated receipts are sent to the merchants and customers simultaneously. We are a team of like-minded people who do business, generate ideas and realize them. At iPayTotal, we combine our technical skills with our simple, straightforward approach. Regardless of whether you require a start-up merchant solution, a subscription account, a pharmacy merchant account, a travel merchant account or set up an offshore merchant account, iPayTotal can help you set up with lowest rates and no hassles for your high risk businesses for your high risk merchant account.
IPAYTOTAL LTD
Company Address: 60 Windsor Avenue London, England SW19 2RR
Company Website: https://ipaytotal.com/.
Support Email: support@ipaytotal.com
UK Tel:+44 800 776 5988
US Tel:+1 845 215 4017
Company # 11357725