What are High Risk Merchant Industries?

Common High-Risk Industries

Any business with bad personal or business credit scores, a high chargeback history, a startup, or high frequency or high average tickets can be at high risk. On an individual basis, the majority of high-risk businesses are among such by the industry they operate in.

Some examples of high-risk industries include

• Document Preparation -
• Downloadable Software
• Educational Software
• Electronics Business
• Extended Warranties
• Financial Aid Consulting
• Financial Services
• Fine & Cosmetic Jewelry
• Insurance Providers
• Magazine Subscriptions
• Air & Water Filtration
• Antiques & Collectables
• Apparel Sales
• Auto Parts & Accessories
• Auto Transport
• Businesses with Bad Credit
• Beer, Wine & Liquor Sales
• Computer Hardware
• Debt Consolidation
• Discount Buying Service

Risk factors that make a business HIGH RISK

• You have lost your previous merchant account due to high chargeback ratio.
• Questionable sales and marketing tactics.
• Potential legal and financial liability.
• Your credit is really bad.
• Industries with excessive chargebacks or fraud incidents.
• Trial continuity business.
• Previous credit card processing is not good enough.
• You’ve been branded as a terminated merchant (TMF).

The high-risk merchant account categorization depends on your business’ industry. Regardless of your individual businesses’ track record. In addition, the high-risk category includes businesses that are declined by a previous credit card processors. And, businesses that are on the MATCH or TMF list. Also. the companies whose owners have bad personal credit or low credit scores or businesses outside the US.

If you are looking High-Risk Merchant Account for your Online Businesses. We can help you with the best solutions and Instant Approval Merchant Account. 

You can contact us directly @ +1 (888) 622-6875.

High Risk Merchant Account Payment Gateway for Tech Support Business

Tech Support Merchant Account Provider

For retail merchants, it is pretty easy to get a payment processor but it’s not the same with tech support businesses. This is due to the high rate of chargeback risk involved. So when you are looking for a merchant account provider, you should always ask them certain questions before applying. These questions could go as follows:

• Do you provide high-risk merchant account for tech support businesses?
• What about remote tech support (if relevant)?
• Does the underwriting department approve of it?

At times salesperson will assure you that they do provide service to tech support business and after you complete the process of applying for it, and send it for approval to underwriting department; you might find out that your application is rejected because they do not support tech support business.

Can Merchant Stronghold help?

Merchant Stronghold has expertise in providing all-inclusive high-risk credit card processing services to tech support merchants. To get the high-risk merchant account for your business, you have to fill the application form and provide us with all the information. We will respond you back through e-mail with the list of pricing and terms as per your requirements. Once your application is approved, you can start processing. To make the process easier for you, we can also set up your chargeback management tools and payment gateway.

COMPUTER REPAIR, ANTIVIRUS SERVICES, REMOTE TECH SUPPORT, IT SERVICES MERCHANT ACCOUNTS

Computer Repair, antivirus services, Remote Technical Support, IT Services High-Risk Merchant Accounts are always in high demand. Why are remote technical support, computer repair, antivirus services, IT services merchant accounts so hard to get? 

When you are looking for a merchant accounts provider that you can trust look no further than Merchant Stronghold. We understand your business and most importantly we know how to support you and your company when you need it most. Tech support merchant accounts are easy to get approved with our high- risk merchant account specialists are very experienced and knowledgeable both in domestic high-risk merchant accounts, cross border merchant accounts and offshore merchant accounts. If you are interested in learning more about the difference between domestic and high-risk merchant accounts click here. If you are seeking computer repair, remote technical support, antivirus services, IT services merchant accounts just give us a quick call today @ +1 (888) 622-6875.

Merchant Stronghold provides trusted credit card processing solutions to tech support businesses throughout the U.S, Canada, Europe, and India. Because the tech support industry is often deemed ‘high risk’ by traditional merchant processors, reliable tech support merchant account can extremely difficult. If your business provides the following services we have turn-key, world-class payment processing solutions available to you: IT services - Antivirus Services - Remote Technical Support much more. We have long standing relationships with global payment processors, banks, online gateways, traffic companies and rep-resentment firms.

To know more information for you can contact us via Email - info@merchantstronghold.com