How to Get a High Risk Merchant Account


How to get a high risk merchant account? There are many factors that go into a financial institution’s decision to approve any business for a high risk merchant account. Merchants that are considered to be high risk face a difficult time getting approved through traditional banks. Many online businesses that wish to open merchant accounts find […]

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What does Chargeback Mean?


What does chargeback mean exactly in terms of business credit card transactions? It is certain that the best kind of business transactions are the ones that go smoothly, without a hitch. However, sometimes the customer is not happy with the product, service, timing, or delivery. Before a single chargeback can take place, an individual must have […]

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What Do I Need to Open a Business Bank Account?


Many start-up business owners ask, “What do I need to open a business bank account?” A more important first question might be, “Do I need a business bank account in the first place?” Corporations and sole-proprietorships have different requirements for receiving payments, as well as for reporting them for sales tax, corporate and personal income taxes, etc.

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What Is A High Risk Merchant Account?


What Is A High Risk Merchant Account? Certain businesses find out the hard way that their business is considered a high risk merchant account.  Typically, high risk merchants are unable to get approved to accept credit cards after they have tried to get a standard merchant account at one or more traditional payment processors. Being denied […]

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