Protect Your Payment ProcessingYesterday, we received a call from a business with a high risk merchant account that was processing $3 million a month with a bank.  The merchant was in a panic.  He had just received a letter from his bank notifying him that in 30 days the bank would no longer..

What is a High Risk Processing?High risk processing is a term used by acquiring banks to describe accounts that present a greater likelihood of contingent liabilities for the bank.  High risk processing accounts have a statistically greater likelihood of chargebacks, fraud, and financial loss for..

Diversify Your High Risk Merchant AccountsHow would your business continue to take payments if your high risk processing account was suddenly cancelled?  What is your “Plan B” in to safeguard your business operations if your current processor decides it no longer accepts high risk merchants?..

High Risk Rates vs Standard RiskThe elements involved in pricing a high risk merchant account are the same as those associated with a standard risk account.  The exception to this are in reserves, which are almost always required for a high risk account and are seldom required for a non-high..