In the transaction processing industry, certain business types and models are considered higher risk than others. Sometimes it is because of a high number of chargebacks, or a high incidence of fraud and unconventional sales and marketing tactics are often dismissed out of hand by the banks. Banks, like you, are in the business of making money, and one of their risk mitigating strategies, especially when it comes to so-called high risk merchants, is to charge them astronomically high fees in order to hedge their bets. MerchACT thinks it is unfair that many businesses, especially new, unproven businesses, get maligned because of their industry’s reputation.

MerchACT is pleased to be able to offer its customers with some of the lowest fees in the industry for high risk merchants. This is because, while some banks and processing institutions consider certain companies and industries to be high risk, others do not. The objective is to find an institution with a higher risk tolerance and perhaps a more open mind when trying to secure a merchant account so that your business is given the fair shake that it deserves, regardless of whether or not your business is traditionally considered risky.

The bottom line is that even if your business is considered high risk, if you have good credit history, and more importantly, a solid history of healthy sales and cash flow, you shouldn’t be paying the same high risk prices and be subject to the same high risk terms.

MerchACT has built favourable relationships with a wide range of domestic and international banks, allowing us to secure rates for our clients that other merchant account service providers just can’t. In addition to providing your business with access to unprecedented fees, MerchACT also provides its customers with thorough and comprehensive risk management solutions, ensuring that all of your merchant accounts are optimized and in line with industry standards. Our commitment to making sure our customers’ risk profiles are viewed favourably by transaction processors has allowed us to establish trusting relationships with the banks and provided us with access to fees that are unheard of elsewhere in the industry.

We offer a wide selection of account management options, allowing you to be as involved in the process as you like.

If you and your business have been searching for fees that accurately reflect your business’ risk profile and have yet to find them, contact MerchACT today and let’s work together to grow your business and design a package that is right for you.