How to Get a High Risk Merchant Account

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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?

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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?

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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?

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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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