High Risk Credit Card Processing
High Risk Credit Card Processing for many different types of previously un-bankable business types.
high risk card processing |
High risk is an industry classification that is typically designated to businesses that have a high amount of chargebacks. These companies typically do business online and have a known issue with poor delivery of products or services giving customers a good reason to want their money back.
Business types such as Adult Related sites Vitamin and health product sites, Timeshare sites online gaming sites and online travel sites to name a few.
Accepting credit cards is a must. Businesses that accept credit cards sell %75 more goods and services vs companies that do not not offer multiple payment options.
What can you do to minimize chargebacks and reduce the fees associated with high risk merchant accounts?
Companies like Quantum Merchant Services can offer businesses a chargeback management program. This type of program integrates several different criteria that educates merchants on what to watch for, what type of information to gather regarding the card types they are accepting. As well as how to settle disputes with customers so they are less likely to submit a chargeback request to their issuing bank.
If your business is considered high risk or if you are thinking of opening a business and selling online contact us. Our professional sales staff can determine which route to go whether you will be good to go with a standard card processing account or high risk merchant account.
Chargeback management |
Quantum Merchant Services
7300 Hudson Blvd N
Suite 255
Oakdale Mn
55128
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