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..
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..
How Hedge Bets Relate to High Risk ProcessingDuring a trip to Las Vegas last week, we talked about various betting strategies, including hedge bets. For those of you who have never gambled, hedging is betting both (or all) sides, on the outcome of an event.Some of us thought hedging at the gambling..