High risk activities - Online payment solutions & merchant account services adapted to high risk activities

What is a High Risk merchant?:

A high risk merchant account is always required by a business that has a very high turnover with large volumes of sales and, tends to have increased risk of fraud. Even though there is a horde of such online businesses, which will justify procurement of a high risk merchant account, the major ones are: adult entertainment, Internet travels services, online tobacco, online gaming, online pharmacy, online sale of replica products, pre-paid calling cards, ISP and hosting services, Telemarketing services and so forth.

Some other products and services that are also considered as high risk online businesses and need high risk merchant accounts include: Lotteries, Amusement/recreation services, Automobile rental, Computer stores, Collection agencies, Detective services, Downloading of software, Escorts services, Horoscope/fortune telling services, Educational seminars, Time share sales

In addition to the product or service being sold on the Internet, the country where the company is registered may be a concern to the Acquiring Bank, and as such consider the business as high risk - especially if the merchant has inscribe their company in an offshore merchant account, tax free, jurisdiction.

A merchant with previous card processing history that received a high level of customer contests which either produced a high refund rate or, even worse, a high chargeback rate will most likely be considered a high risk merchant.

New e-commerce businesses with high monthly volume sales expectations (i.e. over $100,000 per month) will be considered by the bank as high risk merchant account. Businesses with high ticket values will also be viewed as high risk business.

Businesses capturing credit card details over the telephone (also known as MOTO – Mail Order Telephone Order) are deemed as high risk.

Solutions

PayXpert provides most of kinds of high risk merchant accounts. We know the risk and have managed overcome the obstacles that make banks distrustful of providing solutions for credit card merchant account processing.

Our high risk merchant account solutions are simple and open to the majority of merchant solutions, online casino sites, adult oriented merchants and online travel agencies.

PayXpert is very involved in the following industries and has turned this experience to a profit for its high risk merchant.