Businesses processing more than $100,000 per month are considered high volume merchants. As part of the application procedure, high volume merchants are asked to submit financial statements consisting of Balance Sheets and P&L (Profit & Loss) Statements.The financial statements are part of..
As US ecommerce growth slows to only 10% per year, merchants are looking for new ways to increase market share. International markets are booming and represent the best opportunities for US merchants to gain new customers..Card processing is the necessary base of the pyramid for accepting..
High Risk Merchants & ChargebacksLet’s face it. When it comes to chargebacks the odds are stacked against high risk merchants.The reason certain businesses are classified as high risk is that the industry type carries a greater statistical likelihood that chargebacks will occurs. Yet,..
High Risk Merchants ChargebacksHigh risk merchants are presented with significant challenges in dealing with chargebacks, many of which are beyond their control. One of the biggest issues is that some of the largest processors in the US have woefully inadequate reporting systems to notify..