When your business sells online, it is only logical that you’ll have to accept payments from customers over the internet too. To facilitate the process of payment acceptance, you’ll have to team up with a payment processing company. But before these companies agree to deal with you, they’ll first examine the nature of your merchant to determine the class it falls into – whether high-risk or low-risk. Generally speaking, low-risk merchants are those businesses that are perceived by payment processors to carry minimal to zero-risk factors, while high-risk merchants are those businesses they fear have huge potential to be defrauded.…
Here is all you need to know about high-risk merchant accounts
