We have been writing about various aspects of the high-risk merchant account market for years and have almost sure touched on most, if not all of them, of the most decisive problems. Here are some more tips on high risk merchant account services.
High-risk merchant accounts are a group of financial services that offers companies 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 stricter contracts. Being considered as high-risk sounds bad. But in some scenarios, it can be your best option.
It’s practically impossible for commerce merchants to operate without having enabled as payment type the credit or debit cards. Before you can take “plastic,” you need a payment service provider who acts as a liaison between you, banks, and credit card networks.
Lots of financial processors do business only with with low-risk businesses, who they see as a safer 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.
Here are some high risk credit card processors : Global Merchant Advisors delivers customized processing solutions that allow merchants to focus on growth rather than payments. GMA advisors are available to guide merchants every step of the process.
eMerchantBroker.com is a Los Angeles-based credit card processor that primarily serves high risk e-commerce business types. The company’s high risk processing services include chargeback dispute resolution, an online payment gateway, ACH processing, merchant cash advance, and MOTO processing options. eMerchantBroker.com has maintained a low complaint rate since our first review of the company and appears to offer custom pricing plans depending on each business’s type and processing history.
We worked with all of the high risk credit card processors, to be able to compare and our pick was HRMA-LLC. They cover all business types, have a vast experience in the business, fast customer support and low fees.
Do you have a business related to Timeshare sales & advertising ? HRMA-LLC can help you. Read more details on High risk merchant account processor.