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Posted by / 28-Jun-2020 08:42

Any free sex chat sites no credit card or money required

If that’s not bad enough, you might even have a liquidated damages clause in your contract that raises the price of breaking it even further.While the processing industry is generally moving more toward lower monthly and annual account fees, you won’t be so lucky as a high-risk merchant.In this article, we’ll discuss the factors that lead to a business being labeled high-risk and how this determination will affect your ability to get a merchant account.We’ll also provide some recommendations for high-quality providers that specialize in servicing the high-risk sector.Remember that every provider has their own criteria, so while you might be considered a high-risk business by one provider, you might be approved for a regular, non-high-risk account by a different provider.Here are the most common types of high-risk businesses: If you’ve been reading this so far and you’ve determined that your business is in the high-risk category, it’s time to face this harsh reality: merchant accounts for high-risk businesses inevitably cost more than those for non-high-risk ones. You’ll pay more in both account fees and processing charges, and you’ll probably be stuck in longer contracts as well.While some business types, such as pornography or drug paraphernalia will almost always be placed in the high-risk group, others may or may not be, depending on your processor.Some merchant services providers have very strict guidelines for determining high-risk status, while others use more relaxed criteria.

While this list doesn’t cover every single possible high-risk business, it does include the categories that are most often regarded as high-risk.Larger, high-volume businesses receive lower processing rates and often get more generous contract terms.Businesses are also treated differently based on the degree of financial risk they present to their processor.There’s also a third category of providers who specialize in placing high-risk businesses.While their rates and fees aren’t a good deal for non-high-risk merchants, they can often provide a merchant account for high-risk businesses that have been turned down by other providers.

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If you’re considering a particular provider, check their website or contact them directly to see if they find your business to be high-risk.

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