High risk cannabidiol & hemp oil merchant accounts in 2019. This is a popular topic as more countries open up to new products. High-risk merchant accounts are a group of financial services that allow businesses to receive card payments from clients. Credit card processors assign merchants to one of two categories: high risk or low (normal) risk, based on a number of factors. High-risk merchants face reduced options in processors, plus higher fees and stricter contracts. Being considered as high-risk sounds terrible. But in some scenarios, it can be your best option. We have been talking about diverse aspects of the high-risk merchant account industry for many months and have almost sure touched on most, if not all, of the most important issues. Here are some more advices on high risk merchant account providers.
High risk credit card processor : Soar Payments provides excellent customer service along with a good selection of pre-planned service packages. The company strives to be transparent in its costs, providing simplified, “no-haggle” pricing.
A lot of financial processors do business only with with low-risk businesses, who they see as a low risk investment. That means businesses considered high-risk will have a limited selection of potential payment services to choose from. Any processor you approach will take a careful, detailed look at your business to determine if you fall under their definition of “high risk,” based on the financial risk your company represents. It’s practically not possible for commerce merchants to operate without having enabled as payment type the credit or debit cards. Before you can take “plastic,” you need a payment processor who acts as a liaison between you, banks, and credit card networks. Read more details on Payment gateway for high risk business.
Based in Woodland Hills, California, PaymentCloud is a merchant account provider that specializes in serving high risk business types. This includes CBD and Kratom businesses. The company’s products and services include point-of-sale solutions, mobile phone swipers, an online payment gateway and virtual terminal, EMV-compatible terminals, and merchant cash advances. PaymentCloud provides a dedicated account rep to all new merchants for the life of the account. The company has not received any negative complaints on consumer forums, and it customizes its pricing according to each merchant’s business type and processing history.
We used all of the high risk credit card processors, to be able to compare and a solid choice is iPayTotal. They cover all business types, have a large experience in the business, fast customer support and low fees.
Our banks have been selected to assist our customers to get the most secure high-risk merchant account solutions for their business sectors. We have chosen the banks with the highest integrity and methods, adding confidence to your payment processing solution, to get you the best transaction fees for high-risk sectors. We offer the kind of value and personalized service your business needs to get off the ground and grow. Our support team will work with you to identify the best merchant services and payment products to fit your needs. And, whether you have a question about your merchant account, need help with chargebacks, or have a question about your statement, our representatives are ready to help 24/7.Our team will prepare a solution tailored to your business. ?We combine the right technology with service and support to ensure you never miss out on an opportunity. Source: https://ipaytotal.com/ipaytotal-high-risk-merchant-account/.