Did You Close Your Store? Start Accepting Payments Online

The outbreak of the coronavirus disease 2019 has put a lot of businesses in a difficult position. Lockdown orders have forced many non-essential operations to close their physical locations indefinitely. Although most business owners understand how important staying closed is, the threat to their livelihoods is also concerning. If you have found your business in…

Another challenge is forthcoming in high risk online merchant services

Another challenge is forthcoming in high risk online merchant services

It’s safe to say that chargebacks can be the root of all evil. In high risk online merchant services, we know many merchants who will agree with us. Internet merchants have had to adapt quickly to the many changes in dealing with chargebacks: First there was Visa’s (then Mastercard’s) pivotal decision to halve its chargeback…

An e-cig merchant is finding it’s a new age for high risk internet merchant services

An e-cig merchant is finding it’s a new age for high risk internet merchant services

It’s a new age for high risk internet merchant services, but apparently an e-cigarette and e-liquid manufacturer in California hasn’t received the memo. Recently, there was a piece in the Boston Herald about how Massachusetts Attorney General Maura Healey issued a cease and desist letter to an e-cigarette company in California, for breaches of the…

Wire Act Revision: Will We See a Lull in US Merchant Accounts for Gambling?

Wire Act Revision: Will We See a Lull in US Merchant Accounts for Gambling?

Gradually, US states are warming to different forms of gambling, both online and physical casinos, as a revenue source, fueling the need for US merchant accounts. Currently, 40 of 50 states have some type of legalized gambling in place. Will more states take advantage of gambling for an added revenue source? We think they will,…

High Risk Credit Card Processor Chargebacks Down, Says Early Survey

High Risk Credit Card Processor Chargebacks Down, Says Early Survey

Because we are a high risk credit card processor, we deal with several business types (and many of their merchants) that are plagued by high chargeback and return rates. Tech support, online dating, multilevel marketing and travel come to mind, among several others. So our attention spiked when Visa announced it was halving its chargeback…