High Risk Merchant Accounts TypesBanks classify certain types of business as high risk merchant accounts. Statistically, high risk merchants have a greater likelihood of chargebacks and fraud, increasing the chance of financial losses for acquiring banks.Companies in any industry with fast growing..
Travel Industry Payment ProcessingMore than 50% of all travel reservations are now made online. Travel and hospitality is the world's largest industry. The World Travel and Tourism Council predicts sales revenues in excess of US$15 trillion by 2017.All types of travel merchants need processing..
Depending on one acquiring bank for payment processing is a risky proposition in today’s volatile banking environment. Multiple payment processing accounts are strategically desirable for ecommerce merchants to ensure processing can continue uninterrupted.How Changes in Banking Regulations..
A direct marketing company contacted us today with an all-too-common story. Its current merchant account provider was terminating processing because the company had chargebacks http://www.riandalaw.com/Documents/MerchantChargebackLiability.pdf that exceeded the card brands required ratios of..