MANAGED RISK ACCOUNTS
Certain types of businesses are deemed high risk by many banks – this is because of a possibly that they might earn little to no profits. This line of thinking is largely due to industry perception or history, such as higher rates of chargebacks or incidences of fraud, but your business should be able to have access to the many benefits of a merchant account, despite associated risks. Whether you’re accepting payments in-person or online, we can help you find solutions for your business.
Your high-risk business requires tailored, managed risk payment processing solutions to best suit the needs of you, your customers and your business. While most banks will take advantage and overcharge for managed risk accounts, we provide you with the solutions you need at a low cost with faster transaction speeds.
A merchant account is crucial to your ability to accept payments, grow your business and build customer satisfaction. However, a managed risk account is different from a traditional merchant account. Some examples of businesses that require managed risk accounts include collectibles or antiques businesses, adult businesses, supplements, cosmetics, travel, multi-level marketing companies and more. If you fall into the high-risk category, you could waste time and resources attempting to access an appropriate merchant account from banks who make you jump through hoops.
At MerchACT, we understand the speciality managed risk services your business requires. We provide you with the payment processing solutions you need at a low cost. As well, we ensure your business can grow so we approve you quickly. When you’ve been approved, you’ll be able to provide your clients with a secure and easy to use merchant account, which instills customer trust in your business and increases your profits.
MerchACT is a leader in risk management technology. We have spent 15 years working with high-risk businesses to provide them with managed risk accounts and payment processing solutions to help their business succeed. Our managed risk accounts allow you to more efficiently use your business’s resources and reduce losses, as well as maximize profits.
We value transparency and accountability, which is why we work to build long-term relationships. We consider you to be our partner, not just another customer. As well, we know we have the tools necessary to handle managed risk businesses and ensure their success, which is why we don’t shy away from these industries. Our customizable services will help you to take advantage of your market.
We know our high risk partners don’t want to be tied down with extra costs, that’s why we don’t charge application fees, and we are upfront about our costs and services throughout the entire process. We begin with a review of your current status, as well as providing solutions and guidance to help your business succeed. Once you’ve been approved, we continue our partnership just as it started with effective solutions.
Contact us today to learn more about managed risk accounts and what we can do to grow your business.