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…
Tag: high risk credit card processor
How valuable is underwriting for a high risk credit card processor? Invaluable.
Any and every high risk credit card processor experiences countless fraudulent merchants attempting to get a merchant account, as often as a weekly basis. Some processors even fall victim periodically to the more sophisticated criminals. It really is a constant battle that knows no end. Recently we read a terrific piece about the tech support…