Low And High Risk Merchant Account

Discussion in 'Credit Card Processing' started by margret, Mar 2, 2021.

  1. margret

    margret Member

    A merchant having a high risk of fraud and chargebacks is classified as a high-risk merchant. A high-risk merchant has to pay a considerably higher amount for the same services than low-risk merchants because banks have to use more resources and face higher risks when onboarding high-risk businesses.

    Difference between low risk and high-risk merchant accounts

    Low-risk accounts have a zero or low chargeback ratio, whereas high-risk accounts have bad credit history and excessive chargebacks.

    High-risk merchants require services that offer them secure, faster, reliable, and low-rate services to accurately manage their accounts and operations. A trustworthy low-rate merchant service provider can reduce the risk of frauds and chargebacks and ensure high trading volumes.
  2. Charles T

    Charles T Administrator

    Thanks @margret for bringing this up! That's useful background information on merchant account categorization.
    margret likes this.
  3. emerchantpro

    emerchantpro New Member

    High-risk merchant accounts have changed the course of businesses. The sector that was denied a merchant account and a payment processing channel is now in the top charts in the market.
    You can get in touch with us and accept online payments today. Our professionals will get in touch with you to clear all the queries instantly.
    Last edited by a moderator: Sep 9, 2021
    Charles T likes this.

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