How High-Risk Merchant Accounts Work: Everything You Need to Know
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Ongoing, First published Jan 31
Merchant accounts with high risk are created to cater to businesses that operate in areas susceptible to chargebacks that are high and fraud or surveillance. This includes online gaming and adult entertainment, as well as Forex trading and travel and tourism services. The high-risk merchant accounts provide specialized services, like chargeback protection and higher limits on processing and tools to prevent fraud. Even though these accounts usually have higher processing costs, however, they guarantee that companies that have high-risk factors can take payments safely and effectively.
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