Card Transaction & Settlement Flow The following participate in processing card transactions for high risk merchant accounts:Merchant Bank Account. This is simply the account where the money settled from the sales are deposited. It is generally the business bank account of the..
SasS and Cloud Computing Payment ProcessingCloud computing will increase approximately $41 billion this year to more than $240 billion by 2020. Nearly all parts of the cloud are projected to grow during the next nine years, but none will see the same levels of rapid expansion as the SaaS market...
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..
Best Practices High Risk Merchant Accounts The very nature of high risk merchant accounts makes them susceptible to chargebacks. When chargeback ratios exceed acceptable thresholds, high risk processing accounts can be jeopardized.The importance of communication between customers and merchants..