Applying for and being approved for a merchant account isn’t always a simple matter! Especially for business that are labelled “high risk” or “hard to acquire”. This post outlines all the basics of how high risk merchant accounts work, what to expect from the application process, and how to get approved easily and quickly!
Category: FFL and Firearms Merchant Account
5 Signs You Could Benefit From A High Risk Merchant Account Any business that relies on the ability to accept credit and debit card payments from its customers needs a merchant account for payment processing. However, the standard merchant account offered by most financial institutions isn’t an ideal fit for every business. For any number
Firearms Merchant Accounts (FFL) Although the firearms industry remains a thriving one, with nearly one-third of US households owning at least one gun, there exist certain challenges facing business owners in the process of obtaining a firearms merchant account. The greatest hurdle is the fact that financial institutions which offer payment card processing classify businesses
Bad Credit Merchant Account & Payment Processing A bad credit merchant account is used when your personal credit does not fall within the underwriting guidelines set by the financial institution providing the account. Believe it or not, your “personal” credit score is one of the most important factors in the approval process, simply because underwriting
Top 10 Scam Prevention Tips for Cyber Monday It’s that time of the year again. The weekend of Cyber Monday is the largest revenue generating weekend for both in-store and online retailers. Don’t let the hustle and bustle distract you from putting your guard down; this is a perfect opportunity for scammers to target you,
Free Credit Card Logos For Use With Your Merchant Account! Free credit card logos for your website including MasterCard®, Visa®, American Express®, Discover® and PayPal™ logos We have provided free Visa, MasterCard, American Express, Discover, and PayPal credit card logos for you to use. Feel free to use these images on your website. Simply copy
What is a High Risk Merchant Account? A merchant account is a type of account, approved by a bank or financial institution, that allows businesses to accept credit or debit card payment from their customers. However, the type of business applying for a merchant account may affect the level of risk associated with that merchant