Payment Guru : High Risk Merchant Account & Payment Gateway

Merchant account providers with high risk serve as a processing channel that protects the business from fraud. They assist clients when they are establishing their merchant accounts. Merchant account providers with high risk are a special kind of merchant service providers who are specifically trained to deal with an account with an increased or higher fraudulent incident. A company can get a label of high-risk account if it falls into categories such as not registered business entity, with a poor credit score, blacklisted by processing companies that are not affiliated with it and generates a large volume of transactions, and so on. Companies like online gambling and adult sites are among the most appropriate examples of high risk accounts. A reputable account service provider assists and aids high risk companies with setting up an account. It assists business owners in creating an account globally or in any other part of the world. The providers of accounts are typically empowered t

Certain banks view certain kinds of companies as high-risk, and even fear negative publicity for these types of businesses. A few of these are travel merchant accounts such as pharmacy merchant accounts for telemarketing and Internet merchant accounts. These kinds of businesses are typically denied an account for merchants or subject to a high and exorbitant cost due to the high risk classification. This is why some merchants prefer to get a high-risk offshore merchant account as banks onshore may not offer the facilities needed to establish a merchant account to process credit cards. Offshore banks first evaluate the nature and potential of the business of the person who wants to create a merchant account through them. The risk is assessed in light of the possibility of over-chargebacks, return charges and potential legal violations in the sale of specific types of products or services, and financial liabilities for the bank. The ability to accept payments in different currencies ca