WHAT KIND OF BUSINESSES NEED A HIGH RISK MERCHANT ACCOUNT?

High Risk Credit Card Processing is when the systems involved for processing the transaction has a security risk. Most of the systems involved in credit card processing use a form of point-to-point encryption to make the contents of your credit card secure, however each individual system could be compromised, exposing any decrypted credit card data. This is where the risk comes into play and the merchant providers assess the vulnerabilities involved. The characteristics of a high risk merchant account is high sales volume, bad credit, TMF / Match, chargebacks, and of course fraud.

Besides industries that are considered controversial by domestic banks like, online pharmacies, travel, tobacco, gaming, replica, and digital downloads there many other business types that are also classified as high risk.


The other industries of risk are:

Adult
Airlines
Answering Services
Auto Clubs
Bail Bonds
Bankruptcy Services
Bingo Halls
Catalog
Cellular
Collection Agencies
Cruise Lines
Currency Exchange
Dating Service
Debt Counseling
Diet Centers
Digital Media
Discount Club
Door to Door
Electronic
Employment Services
Fortune Teller
Furniture
Gaming
Inbound Call Center
Adult
Airlines
Answering Services
Auto Clubs
Bail Bonds
Bankruptcy Services
Bingo Halls
Catalog
Cellular
Collection Agencies
Cruise Lines
Currency Exchange
Dating Service
Debt Counseling
Diet Centers
Digital Media
Discount Club
Door to Door
Electronics
Employment Services
Fortune Teller
Furniture
Inbound / Outbound Call Centers
Lottery
Mail Order
Memberships
MLM - Multi Level Marketing
MOTO
Outbound Call Center
Pawn Shops
Personnel Agencies
Pharmacy - Internet & MOTO
Real Estate
Replica
Restaurants
Resume Service
Retail
Seminars
Software
Tanning Salon
Telemarketing
Tobacco - Internet & MOTO
Travel Websites & MOTO
Wholesalers
Videotext
Vitamin Stores
800 & 900 Number

When doing business over the phone or online it is important to have a merchant service provider who specializes in high risk merchant accounts. Stradafee can assist businesses of all industries, risks categories and countries. You should expect the merchant service provider to be able to provide you with online credit card transaction reporting, fraud scrubbing, a payment processing gateway and a virtual terminal. A merchant service provider specializing in high risk industries understands the importance of credit card acceptance to the business. The merchant service provider will be able to help you obtain a merchant account to process your transactions. The high risk merchant account will also help you build your businesses credit so you will be able to grow your business.