If you're a business owner in need of payment processing, you're probably aware that some banks and payment processors avoid high-risk industries. Which industries, however, are considered high-risk? Industries with a high number of charge-backs, a poor credit history, a high-ticket volume, and a high amount of fraud are frequently considered high risk. Payment processing with traditional...

Often high-risk merchants operate in the industry that is considered age-restricted the industries such as cigarettes and tobacco or have high rates of fraud or chargebacks. These businesses often struggle to find high-risk merchant accounts or payment processors that are willing to work with them. Though, several alternative options can provide you with competitive pricing, popular...