It all depends on their risk department (underwriting) guidelines.If the guidelines are strict, then you won’t get approved. 🙁High risk merchants have to make do with crappier terms and higher rates. When you’re caught between a rock and a hard place, you don’t have much room to negotiate.
Durango (see our review) or Payline Data (see our review)), and they’ll definitely be able to help you out.
The first thing that you need to understand is that while one provider might consider you high risk…another may not.
Here’s a list of some “high risk” business types that might require a high risk merchant account.
It is by no means representative of ALL industries, but it definitely covers a large number of them.
I was dropped from current processor even after that.
Are there any processors out there who that would consider me?
We are selling second hand items…ideas would be great.
thank you Christine and Ron I’m looking for help with my supplement product. It deals with concussions Presli, Considering that supplements are considered a “high-risk,” I would say that Durango Merchant Services is your best choice here.
I’d recommend you do a cost analysis first and read through these articles on negotiating rates and determining how much you should be paying for processing. What would be the best solution and payment processor? What is your advice on youcaring web site that deals with wepay and paypal site in order to receive people’s monetary donations, which is better to go with wepay or Pay Pal or is there a better one you recommend?