Here is a list of merchant types that are considered high risk: Adult novelty, Alcohol (card-absent) Website, Bail bonds, Business Opportunity, Collection Agencies, CBD, Continuity Programs, Dating Sites, Finance Related Services, Firearms, Gentlemen’s clubs, Nutraceuticals, Paraphernal (Headshops, Smoke Shops), Tobacco, Vape, Nicotine, Ticket Brokers, and Travel Agencies. They are considered “High Risk” because these industries experience a lot higher incidence of chargebacks and fraud. When … Read More
Want Your Money Fast? Deposit Funding Now in 4 Hours!
People ask all the time, when do I get my credit card deposits in my bank account? In 1950, when the Diner’s club card was established as an alternative to cash, and in particular used when taking business clients out to dinner at restaurants, the turnaround time for deposited funds to the merchant was 60 days! When we first started selling merchant services in the … Read More
Zero Cost Credit Card Processing!
Zero is a BIG DEAL! Zero Cost Credit Card Processing Can Save You 3 to 4%! How can you legitimately pass the credit card processing fees off to the consumer and put that 3 to 4% back in your pocket? Here are the various ways: Raise your prices to cover the overhead cost of payment processing. Charge a “Surcharge” for Visa and MasterCard charges. A … Read More