What is a High-Risk Merchant Account?

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eMerchantPro High-Risk Merchant Online Payment
Solutions
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What is a High-Risk Merchant Account? And how
can you get it?

• Did your business get labeled as high-risk by
  your payment processors? Dont worry! A high-risk
  merchant account is here for you! Paying higher
  processing fees is the ability of a high-risk
  merchant account just to compensate for the risk
  factors involved. If you go through this blog, it
  will tell you how come your business is
  high-risk and how to pull it out of those issues.
• What is a High-Risk Merchant Account
• Getting chargeback, many frauds, and a higher
  volume of refunds makes you one of the high-risk
  merchants. Most of the time, it could be the
  reason, just because youre a newcomer who hasnt
  been in the market before and never processed
  any payments.
• Sometimes in which industry youre working is
  considered as high-risk. And online frauds can be
  the reason too. High-risk merchant account is
  capable of working in this industry too.

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Can You Control Higher Transaction Issues?
Several companies in the market accept credit
card payments as payments for the products
consumer wants. Processing fees differentiate
from company to company and products to
industries. So, you can assume that the
processing fees which are charged upon merchants
in low-risk businesses can be high in high-risk
businesses. Although even low-risk merchants pay
chargeback too, its slightly a little bit higher
than the low-risk businesses. As a high-risk
merchant, many times, the payment processor holds
a certain amount from your income. Just in case
those transactions get suspicious for fraudulent
payments. So, there are many restrictions, and
you need to overcome them. High-risk businesses
also generate higher revenue and turnover than
any low-risk business. Bigger the risk, the
bigger the profits. Just because of these
situations, merchants get into trouble and dont
even get help from local banks, which hinders
their growth. Why Does A Merchant Fall Into The
High-Risk Category? Deliberately calling you a
high-risk without reason is impossible. There can
be many possibilities that you might actually be
attracting some of them. Well, each PSP thinks
differently works differently, so the reason for
judging you as one of them can vary. Let list
some of the factors that any PSP can think about
a high-risk merchant.
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Transaction volume is off-limits.

• Although not every business gets transactions in
  a large volume, for some, thats just the daily
  outrun. And these can be one of the reasons for
  calling someones business high-risk. Monthly
  turnover, which crosses 20,000 and every other
  transaction hitting 500, can be part of these
  listings.
• Offshore payments
• Its not that any business cant accept offshore
  payments. But offshore payments attract too much
  risk. Selling into countries under the label of
  high-risk can cause online frauds, which is
  obvious to us, you or anyone globally.
• Startup!
• Take it simple! Not everyone is running an online
  business, so there can be chances that you can
  run into someone who cant show their track
  records. And as a fresher, getting such services
  from local banks isnt easy, and not completely
  impossible.
• Industry
• Records not mentioning any crime, bad history, or
  involvement in any filthy work cant save you
  from the suspicion. You can still get the label
  of a high-risk merchant as the industry youre
  dealing in is one of them.
• High-volume transactions, a large number of the
  chargeback, and reputation risks will provide you
  with the tag. Ex- running an adult toys
  business, and one of your consumers kids opened
  up the site and unknowingly made the payment.
• Theyll still get back at you and claim a
  chargeback for the reason that the payment wasnt
  made by the real cardholder. How would you feel?

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How To Apply for a High-Risk Merchant Account And
Get Faster Approval?

• Business and tax files will explain your business
  thoroughly, so theyre mandatory. After that,
  processed application, PSP will decide whether
  to treat as one of the low-risk merchants or put
  you on the list of high-risk. Gradually theyll
  make a plan for you.
• List of things needed for these services
• Copy of business license
• Certified if incumbency
• KYC and KBC
• Address proof of the merchant and utility bill
• Previous three months processing history
• Businesses run in different sectors need an
  expert to handle their outcomes at payment
  processing. So, you need to find a reputable and
  relatable PSP for your business. Here, we want to
  introduce you to one of the leading brands for
  providing merchant services.

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eMerchantPro serves everyone!
From low-high-risk businesses, everyone came to
eMerchantPro for merchant solutions. And as our
nature, we provided them with the best ever
services they could get. Getting a high-risk
merchant account and a high-risk payment gateway
in fine rates can change their businesses. And
were glad to become the reason for their trust.
To get this high-risk merchant account, follow
us through the email, and get your expert
solutions, now! Contact Us- onboarding_at_emerchant
pro.com
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ADDRESS
616 Corporate Way, Suite 2-5040, Valley Cottage,
NY 10989 Email at us onboarding_at_emerchantpro.com
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Thank You