High Risk Merchant

When traditional ecommerce merchant accounts are not available high risk merchant
account services come in. It’s too important to be able to process credit
cards, especially if your business is considered high risk. Getting a high risk
merchant account means being able to process credit cards. High risk merchant
services are also called high risk offshore merchant account services. High
risk merchant processing has the same privileges of standard ecommerce merchant
accounts, but it has its nuances.

Being declared high risk by most banks means than your type of business is
very risky. This also means that you’re eligible for a high risk internet
merchant account.

These are some of the services that are qualified for a high risk internet
merchant account:

• Online Dating Services


• Online Pharmaceutical Services
• Vitamin and Herbal Products Sales
• International Call Centers
• Outbound Telemarketing
• Voice-over-IP Services (VoIP)
• Web Hosting
• Downloadable Software
• Prepaid Phone and ISP Cards
• TMF
• Other services involving high charge backs or refunds

If you are considered a high risk merchant than you shall have to get a high
risk merchant account to start processing your clients credit cards. A high
risk merchant is no different than an ecommerce merchant.

You will not be surprised to read that high
risk merchant accounts involve higher fees than usual merchant accounts.
There are many reasons. The main reason is that high risk merchant accounts
are high risk! The high risk merchant account provider is taking the risk
of high charge backs and refunds. Another reason is that it is easier to get
a high risk merchant account than a normal account due to the competition
involved and high standards for businesses (there are other ways in such cases,
but not for high risk businesses).

Being a high risk merchant has its disadvantages but it’s main advantage is
that its available especially for high risk businesses and high risk merchants.
So there is absolutely no need to break your head over credit card processing
owning a VoIP service for example. High risk merchant services are here and
available for you within a few mouse-clicks!