Posted by John Concrane on October 6, 2019 in Business
Payment gateway for high risk business in 2019. This is a hot topic as more countries open up to new services. High-risk merchant accounts are a subset of finance services that allow businesses to receive 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 limited options in processors, plus higher fees and stricter contracts. Being named as high-risk looks terrible. But in some cases, it can be your best option. We have been writing about diverse points of view of the high-risk merchant account industry for a very long time and have most likely touched on most, if not all of them, of the most deciding problems. Here are some more tips on high risk merchant account processing.
High risk credit card processor : HRMA-LLC specializes in high-risk merchant accounts and ACH processing for high-risk business verticals. They offer payment processing for practically every high-risk business type. HRMA-LLC offers fast approvals with no setup fee.
Many financial service providers do business exclusively with low-risk merchants, who they consider as a low risk investment. That means businesses considered high-risk will have a very poorr selection of potential processors 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. It’s practically not possible for commerce merchants to work without receiving payments from credit or debit cards. Before you can take “plastic,” you need a payment processor who acts as a liaison between you, banks, and credit card networks. Read more details at High risk merchant account marijuana.
Host Merchant Services is a Newark, Delaware-based merchant account provider that is well-suited for most general business types as well as domestic high risk merchants. The company’s products and services include point-of-sale solutions (with specific packages for the restaurant, salon, professional service, and contractor sectors), online marketing tools, an online payment gateway and virtual terminal, mobile credit card processing, gift and loyalty programs, merchant cash advance, and offshore merchant accounts. Host Merchant Services specializes in e-commerce businesses and provides a free website and email address to new merchants who require them. The company has received exclusively positive feedback on public forums, with most reviewers singling out the company’s customer service for praise.
We did transactions on all of the high risk credit card processors, to be able to compare and a very good pick is iPayTotal. They cover all business types, have a vast experience in the business, fast customer support and low fees.
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. Source: https://ipaytotal.com/ipaytotal-high-risk-merchant-account/.