How Mastercard’s Negative Option Crackdown Impacts High Risk Merchant Processing

How Mastercard’s Negative Option Crackdown Impacts High Risk Merchant Processing

It’s as if the General Data Protection Regulation (GDPR) has collided with high risk merchant processing: Mastercard is rewriting the rulebook for merchants who use negative option billing by requiring more transparency. A lot more transparency. MasterCard has set new rules, effective 12 April 2019, that will force merchants to improve communication and transparency with…

Lending Industry About to Add More Drama to High Risk Merchant Processing

Lending Industry About to Add More Drama to High Risk Merchant Processing

The world of high risk merchant processing is never boring. Now it’s the lending industry that’s about to face its most significant disruption…maybe ever. While the payday loan industry for years was in the crosshairs of Operation Choke Point, the Consumer Finance Protection Bureau’s effort to squeeze out certain high risk industries, it survived (Operation…

How South Dakota vs. Wayfair Could Impact High Risk Merchant Processing

How South Dakota vs. Wayfair Could Impact High Risk Merchant Processing

Since we offer high risk merchant processing for e-commerce businesses in a sales tax-free state (New Hampshire), we’re taking particular interest in the South Dakota vs. Wayfair court case. We think many folks in the e-commerce payments industry are paying attention (or should be), since the U.S. Supreme Court will decide whether online retailers should…

The Beauty of High Risk Merchant Processing: Where Do We Start?

The Beauty of High Risk Merchant Processing: Where Do We Start?

The creedo for high risk merchant processing is high risk, high return. And it’s all true. The earning potential with high risk payment processing is immense if navigated with due diligence and good practices, but also knowing the risks that lie within each individual industry – the latter perhaps more important than ever. It is…