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High Risk Merchant Account Guide


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Title: High Risk Merchant Account Guide

High-Risk Merchant Account
What Is High-Risk Merchant Account?
  • High-risk industries are industries that are
    prone to fraudulent sales and chargebacks.
  • These industries need high risk merchant account
    where you can accept payments.
  • A High-Risk Merchant Account can be used by these
    businesses to process credit card transactions.

Why High Risk Merchant Account is Important?
  • High risk merchant account is very important to
    receive payments.
  • Companies that have over 20,000 in sales per
    month, average credit card sales of 500 or more,
    or a business that has a bad credit history may
    also need a high-risk merchant account.
  • A high-risk merchant account may have higher fees
    and different terms than a traditional merchant
    account as well.
  • Dont worry if you fall into these categories,
    one of there are still plenty of excellent
    merchant providers available.

Which Industries Need High Risk Merchant Account?
  • Companies that experience a high number of
    chargebacks and fraudulent sales are considered
    high risk.
  • These include eCommerce sites, events, travel,
    internet services, and more.
  • Below is a list of industries that are considered
    high risk.
  • The list is not complete and many other
    industries are prone to chargebacks and will
    require a high-risk merchant account.
  • If youre not sure about your industry, you can
    contact 5 Star Processing to learn more about
    high-risk merchant accounts. 
  • Collection agencies, bankruptcy lawyers,
    financial consulting,
  • Gambling, online gaming, fantasy sports websites
  • Vape shops, drug paraphernalia, adult shops
  • Health and wellness, get rich books, life
  • ISP services, VoIP services, SEO Services

How To Apply For a High-Risk Merchant Account?
  • Before applying for a high-risk merchant account,
    be sure to spend time researching the wide range
    of providers.
  • Each provider is unique and will provide
    different rates, terms, customer services, and
    additional services.
  • When youre ready to apply, youll be asked for a
    variety of paperwork including incorporation
    certificates, shareholder certificates, credit
    processing history, and your passport.
  • Be prepared for the application and the process
    will go smoothly. 

One Stop Solution For High Risk Merchant Account
  • 5 Star Processing is a team of experts who
    provide high risk merchant account in less time
    or easily.
  • 5 Star Processing experts are one step away from
    you, just dial the toll free number 1
    888-253-9692 or reach us by feeling the contact
  • Reference https//5starprocessing.com/high-risk-

  • Thank You!
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