Merchant services providers classify some businesses as high risk.
And if you own or run a “high risk” business the real risk FOR YOU is getting an account approved to accept credit cards… and keeping it open long term.
After all, just because a company says “yes” today doesn’t mean that they won’t freeze or close your account tomorrow.
And if you’ve been in business long enough you know exactly what I’m talking about.
So what can you do?
How to get approved and keep your account open
There are so many problems facing merchants these days that have high risk accounts or want to start one.
And part of the problem is a lack of education out there on both sides of the isle.
For example, there are business owners that do not know how to get a high risk account along with a ton of sales agents or reps that don’t know how to properly set up high risk or high volume merchant accounts.
On the side of business owners you can’t really blame them because many merchant services rules don’t make much sense for the average person to figure out or understand. It’s hard for people to understand that high sales volume and getting a ton of customers online presents a problem.
After all, why get penalized for doing well, right?
So what about sales agents? Well, many of them get paid for submitting paid applications whether or not you end up with a processing company long term. Add to this than many people became merchant account reps over the past few years because of the “promise” of big paydays without having to work much.
The bottom line?
Lots of “newbie” reps who don’t really know how to work with special cases. And let me tell you high risk accounts are special cases.
So how can you get an approval?
The key is to work with a specialist who ONLY deals with high risk accounts. That way you end up with a trained high risk specialist that will not sugar coat what you will have to do in order to have your account approved and processing. Additionally, there will be no need to talk to many agents because specialists have relationships with ALL the processors and banks, both domestic and offshore.
This means “one stop shopping” for the account you need, and getting it approved with the right company who won’t close you down a week or month down the road once you start using your account.
After all, what’s the point of that?
By working with a specialist they have the advice, expertise and “tricks of the trade” to get just about any account approved, especially if you have good credit and sales volume. By working with someone with many years in the business, rather than a “newbie” you’ll get the benefit of their relationships, such as what underwriters to choose, etc.
Makes sense, right?
Stop searching the web and apply now and you will get an immediate response even if it is on the weekend.
So if you are in one of the the high risk categories below (and even if you’re not because there are too many to list here)…
- Online Tech Support
- All types of Travel Companies
- Diet supplements
- Free trials
- Gun shops
- High Volume/High Ticket
- Telemarketing merchants (must have a website)
… click the link below and fill out the form.
I hope you found this information helpful. Please feel free to share your comments below.
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