Every day, banks turn down on-line dealers who do not have bricks or mortar companies, or enough money, who have excellent credit rating, good reputation and strong incomes.
Banks identify such firms as high-risk operators. Since they are more likely to vanish or collapse prior to paying back their debts.
Traditional financial institutions do not like partnering with companies such as internet dating, online auction, gambling, adult entertainers. Banks are driving them away, and selling what they consider to be suspicious goods or services is higher.
High-Risk Merchant Account – An essential asset for higher business growth
Businesses who are based in the US require a merchant account.
To secure their business transactions and make them smooth and reliable.
High-Risk Online Gaming merchants, Adult service providers, casinos, etc. require a business account. To ensure that industries involving online transactions are safe and secure. Apart from that they also want to ensure that the customer needs to be hassle-free. While making payments for their business.
That’s why they require a platform that can not only successfully maintain the business transaction. They require it to be quick and flexible.
eMerchant Pro intends to provide the best High-Risk Merchant Account services to merchants globally. It offers solutions to merchants with no further delay.
How to acquire a high-risk merchant account?
It is difficult to have a merchant account since banks or financial institutions don’t grant applicants a business account. Before they follow a comprehensive solution to get to know the nature of your industry. Or get to know whether you are legitimate. If they find your business has an unethical way of earning. They would not allow you to have a merchant account. Moreover, put your industry in a high-risk category.
For a variety of reasons, banks classify companies in certain industries. And many online companies as high-risk traders, including large numbers of remittances. The bills are credit card charges which are charged to companies to charge companies to cover losses from fraudulent transactions.
However, if your business is low risk or middle-risk, you can have a merchant account. By following a vigorous process set up by the institutions. Some documents are required at the time of applying for a merchant account.
eMerchant Pro as a High-Risk Merchant Account Provider makes your business boom with their solutions. There are several things in common for the best high-risk merchant account providers in the payment sector. Including honest sales practices, transparent onboarding, personalized service to the customer, and fair contractual terms. Rates and fees are not as low as most low-risk suppliers offer, but fair and cost-effective.
Here is the list of documents that are required to have a merchant account:-
- Directors KYC
- A void check
- 3 months recent bank statement
- 3 months recent processor statement (in case you have a payment processor)
- Driving License/ Voter ID card
- Charge-back up to 2%
The service provider promises to grant you a merchant account within 7 business working days.
Benefits of High-Risk Merchant Account
Here is the list of some advantages that you can make with a merchant account.
- International Customers: International Merchant account allows your business to be recognized at international platforms. It allows you to promote your services or products to customers that are available worldwide. It also helps in getting a high volume of sales.
- Flexible Payments: Merchant account systems are easy to install. And it is better integrates with the system making it quicker and flexible.
- Payment Protection: Businesses that possess merchant accounts have secured their payment transactions. By encrypting the information that needs to be carried away safely and with protection. The essential information involves credit card numbers, secured pins, and other important information that needs to be protected.
4. Various bank acquisition options for companies
The best high-risk corporate account provider has extensive contact with the acquiring banks. Both domestically and overseas and can tell you the right bank for your corporation.
5. Many options for currency processing for your company
The highly risky account provider has bankers and services to help dealers process. Any currency while also accepting brands of local and common credit cards.
As a merchant, your company will flourish with reliable solutions. We are happy to deliver the facility at any time of the day without any difficulty. If you are looking for solutions from us.
High-Risk Payment Gateway for companies credit card facility
Credit Card processing services to dealers requesting service relevant to the purchase process, with a payment gateway. Your company will work appropriately with a credit card.
eMerchant Pro strives hard to provide High-Risk Merchant Account to merchants worldwide. Also, ensure that the business has easy and efficient payment processing. We have highly professional experts who will suggest to you which merchant account will suit your business requirements. Get the best merchant account that suits your business needs.