High-Risk Merchant Account Services Provider Offers Boundless Solutions
As a high-risk merchant account provider. Our team at Amald provides secure credit card processing. And many other payment options for online businesses and merchants globally. If your bank considers your business risky. Then turn to our reputed payment providers for quick and safe transactions.
What makes a business risky?
Banks reject merchants with a decent credit history and solid revenue streams. Because they don’t have brick-and-mortar businesses or enough assets. Banks consider these businesses as high-risk businesses. Because there is a big chance that such businesses will vanish soon. Or go bankrupt before paying their debts.
Traditional financial institutions don’t like to work with businesses. Like online dating, auction, gambling sites, adult entertainers, telemarketers, and web-hosting services. Banks let them away due to higher rates of failure. And the products or services they sell consider questionable.
Yet, we take the risk when the bank denies it. Just fill out an application today. And get approval for your high-risk merchant account very soon.
High-Risk Merchants Versus Low-Risk Merchants
The chargeback ratio sets high-risk and low-risk merchants apart. Every payment processor has a chargeback analyzing program. When a low-risk merchant enters an analyzing program. It gives time to fix the problems before they are subjected to additional fees.
High-risk merchants have to pay higher fees. Additional fees charge monthly when a high-risk merchant is in a chargeback analyzing program. Usually, chargeback fees are higher for high-risk merchants than others.
A business labeled as high-risk. What next?
When a business is considered high-risk. Merchants can still be able to accept credit card payments. But, these are subjected to higher processing rates. Also, banks can request a reserve on a business credit card processing.
Some high-risk merchants can get banks to reclassify a business. But, it is not easy considering the many factors that result in the classification. A positive credit card processing history of at least six months and fewer chargebacks. And refunds can shoot a reclassification. Banks expect less than 1% of the chargeback ratio of a business’s total transactions.
Reasons why businesses are considered High-Risk
Financial institution underwriting guidelines determine if a merchant is high-risk. So, every payment processor calculates risk differently. Chargebacks and fraud define risk. The more likely a business has a high volume of chargebacks, the greater the risk.
For example, travel businesses are considered high-risk. Due to numerous cancellations because of outside factors, such as weather. The adult business acquires many chargebacks. It is not unusual for customers to use adult entertainment sites and then ask for a refund. And also claim that they never visited the websites. Most businesses, such as gambling, nutraceutical, online dating, are also considered high-risk. Because of the nature of the high volume of chargebacks.
But a single factor will not determine if a business needs a high-risk merchant account or not. So, these factors help in making decisions:
So, most merchants only become high-risk accounts after racking up high-volume chargebacks. Some find benefits to these accounts. Increment in sales volume allowances, multi-currency acceptance, and recurring billings. They all are advantages of using high-risk payment processing.
What Factors To Know Before Applying For International Merchant Account?
There are a lot of factors that you can consider when looking for a high-risk merchant account. Some important factors which you should know are as follows:
Opt for our High-Risk Merchant Accounts Experts
Our team at Amald works hard to help domestic and global businesses. In processing credit card payments quickly and efficiently. We also provide a host of other financial and payment solutions. That allows high-risk merchant accounts to enhance.
We offer:
With having significant experience working with high-risk merchants. We also manage a positive image due to our decent, customized pricing structure and quality customer support.
One of the main reasons we were named as the best high-risk merchant account provider. We always focus on providing customers with a positive impact. And our support team is available 24 hours a day. So never hesitate. Let the process start today.
Ready to accept credit card payments
At Amald, we believe every business deserves a chance to grow. And that’s why we help domestic and global high-risk merchants process credit cards.
We offer credit card processing to all businesses, consisting of these industries:
- Adult Entertainment
- Forex
- Casino
- eBooks
- Electronics
- Gaming
- IPTV
- SMM
- Sex Toys
Amald A Top-Class High-Risk Merchant Account Provider
Amald has a specialization in providing payment services for businesses. That needs high-risk merchant accounts to process credit cards online.
We like to give a chance to all businesses, even those with not perfect credit history. Also, we work with startups with zero credit history. Moreover, industries have chargebacks and returns. And merchants that had terminated accounts by banks.
All customers’ data is kept secure and confidential and smooths the application process. And make it easy and simple. Our high-risk merchant account provider can get all credit card transactions processed at a single moment. So, fill out an application form now.
Visit : Online Casino Merchant Account, Online Gaming Merchant Account, Forex Trading Merchant Account
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