Travel Classified as High Risk MerchantsTravel and hospitality are among the world’s largest industries. Over 50% of all travel reservations are now made online and that number is increasing daily. The World Travel and Tourism Council (WTTC), predicts travel revenues will exceed $15 trillion..
What is High Risk Processing?High risk merchant accounts are a classification used by banks. The classification is associated with certain industry types that have a greater than average likelihood of chargebacks & fraud.Even if your business has low incidents of fraud & chargebacks, you..
Health care providers and medical billing companies have been accepting card payments for a long time. Yet, it is surprising how few health care organizations or medical billing firms accept payments online.In this day and age, offering patients the ability to pay online seems like a "no..
Financial Ratios & High Risk AccountsFinancial ratios are an important part of the underwriting of a high risk merchant account. Financial ratios help determine the strengths and weaknesses of company operations and judge the stability of a company. Here are a few of the most commonly used..