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High Risk Merchant Account – Choose The Right Provider

There are a plethora of reasons why some sites may not get cleared by traditional banks and payment service providers. For instance, they could not like the industry the business is operating in, or the history of processing transactions, or even the chargeback rates. Red flags too could translate into the cause for the closure of a merchant account.

Sometimes there are strict security codes which the banks adhere to but do not share with the public. In such a case suppliers may face immense issues when they apply for merchant accounts in other financial institutions.

If you want to know about payment risk management online solutions – Schedule a Demo.

What Is The Risk Management In Payments? - SecurionPay

The solution usually is to get a high-risk merchant account. After examination and collection of a plethora of merchant accounts out there we constructed a comparison matrix so that it is easy to put your finger on the right payment solution.

These businesses are huge, long-standing, and credible. We have referred a number of customers to them – and their payments are currently being processed without any issues.

Via our website we provide the safest and most reliable way to process payments by merchant account providers. This is especially true for websites that do not get the nod for merchant account applications. Banks usually will not provide any reasoning as to why they turned down the request for processing services. Some of the most common reasons are:

  1. The industry in question is not approved in some countries and therefore the bank there will turn the request down.
  2. The price tags of the products and services being offered are too high
  3. The volume of sales is too high and the supplier does not have the required processing history – therefore the risk is not equal to the gain and the bank will turn the request down in such a case.
  4. The credit history of the applying party cannot be verified. This is especially true when the vendors are located in a different country.