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What is a Designer Footwear and Shoes Merchant Account?
A designer footwear and shoes merchant account allows businesses to accept credit card payments for high-end, luxury shoes. Whether you’re selling well-known designer footwear brands in-store or online, a merchant account provides the gateway to process payments quickly and efficiently. These accounts are specifically tailored for businesses that need to handle high transaction volumes, process international payments, and ensure a smooth experience for their customers.
At Durango Merchant Services, we help luxury footwear retailers by offering designer footwear credit card processing solutions to meet the specific needs of your business.
Why Designer Footwear is Considered High Risk for Underwriting Banks
Luxury designer footwear falls under the “high risk” category for several reasons, including:
- High transaction values: Designer shoes often come with large price tags, which increase the chances of disputes and chargebacks.
- Brand reputation risks: High-profile designer brands are prime targets for counterfeit products, which can lead to legal issues.
- Fraud concerns: Given the value of the products, designer shoes are more likely to attract fraudulent transactions.
- Regulatory scrutiny: Underwriting banks are wary of businesses selling products that could be fake or violate copyright and trademark laws.
For these reasons, businesses that want to offer designer shoes payment processing may need to undergo a more detailed review and provide additional documentation to prove the legitimacy of their business and the authenticity of their products.
How to Get a Process Credit Cards as a Designer Footwear Merchant
To apply for a designer footwear and shoes merchant account, businesses will typically need to provide:
- Business documentation: Legal business entity registration, tax ID, and relevant permits or licenses.
- Proof of inventory authenticity: Documentation that proves you’re selling legitimate designer products, such as invoices from authorized suppliers or letters of authorization from brands.
- Bank statements: To show your financial stability.
- History of sales: Providing past transaction records can help banks assess the risk of chargebacks and fraudulent activity.
Durango Merchant Services can assist you in gathering the necessary paperwork and submitting it to potential acquiring banks. Our team works closely with high-risk industries like designer footwear to ensure that you have the right payment processing solutions in place.
Popular Designer Footwear Brands
Here’s a list of some of the most sought-after designer footwear brands:
- Christian Louboutin
- Jimmy Choo
- Manolo Blahnik
- Gucci
- Prada
- Balenciaga
- Saint Laurent
- Valentino
- Chanel
- Alexander McQueen
When selling these luxury brands, it’s important to have a reliable merchant account that can handle high-value transactions and international sales.
What if Your Account Has Been Suspended, Frozen, or Closed?
Stripe, Paypal, Square and Shopify Sometimes Close Accounts without Warning
If your account with Stripe, PayPal, Square, or Shopify has been suspended, frozen, or closed, you’re not alone. Many businesses in the designer footwear industry face similar issues due to:
- High chargeback rates
- Fraudulent transactions
- Concerns over counterfeit goods
- Rapid sales growth that triggers platform red flags
At Durango Merchant Services, we specialize in high-risk accounts and can help you find alternative payment processing solutions if you’ve been dropped by a mainstream provider. We offer tailored solutions to help keep your business operating smoothly and ensure that you’re able to continue accepting payments from your customers.
Proving Authenticity and Avoiding Copyright & Tradmark Issues
One of the key factors in securing a designer footwear and shoes merchant account is proving that you’re selling legitimate products. Underwriting banks will scrutinize your business to ensure that you aren’t dealing in knock-off items that infringe on copyrights or trademarks. To protect your business and your customers, you’ll need to:
- Provide proof of authenticity for all designer footwear in your inventory.
- Work only with authorized suppliers and obtain proper documentation.
- Make sure that your marketing and sales materials reflect the true nature of the products you’re selling.
By ensuring you follow these steps, you can build trust with your payment processors and avoid potential legal issues related to counterfeit products.
Why Choose Durango?
If you’re ready to start processing payments for your designer handbag and purse business, contact Durango Merchant Services today. We’ll walk you through the process of securing a Designer footwear merchant account and provide the tools you need to grow your business securely.
High-Risk Expertise: Durango Merchant Services is experienced in working with high-risk merchants, ensuring that your payment processing is designed to handle the nuances of your industry.
Stable Merchant Accounts: Unlike aggregate providers, we provide dedicated merchant accounts tailored to your business needs. This means less risk of unexpected freezes or closures and more control over your account and funds.
Fraud Prevention and Chargeback Mitigation: We help you implement tools to reduce fraud and manage chargebacks effectively, giving you peace of mind that your account is secure and protected.
Responsive Customer Service: At Durango Merchant Services, we pride ourselves on offering personalized support to help you resolve any issues that may arise. We’ll work closely with you to ensure that your business remains operational, even if you’ve faced setbacks with other providers.
If you’re ready to start processing payments for your designer apparel business, contact Durango Merchant Services today. We’ll walk you through the process of securing a Designer footwear merchant account and provide the tools you need to grow your business securely.
