Best High Risk Merchant Account for High-Chargeback Business

It is essential that businesses regarded as high risk through chargebacks have the right merchant account for them to thrive. Some businesses are high chargeback industries, such as online gaming, digital marketing, online travel services, content, and subscription-based services. Most banking institutions and payment processors will approach with skepticism, as well as adding additional fees for chargebacks to the cost of doing business. This is where out-of-the-ordinary solutions, such as best high risk merchant account, come in with tailored features that meet the unique circumstances of these businesses.

What do I need in a suitable merchant account for the high-chargeback business model?

The requirements of a reliable high risk merchant account for high-chargeback businesses will typically include:

• Fraud scanning and fraud prevention.

• Chargeback solutions.

• Flexible processing limits.

• International processing /multi-currency.

• 24/7 service with risk analysts on demand.

Traditional merchant accounts will often suspend or limit their services for chargebacks, even if they were in small volumes. High risk accounts will provide services designed to anticipate the risks and attempt to mitigate them, and allow the merchant to continue their business plan stably and successfully.

How Trinity Consultings is Uniquely Effective

Trinity Consultings specializes in connecting high risk companies with the best merchant account providers. They have been in business long enough to know what high risk companies deal with in regards to high credit card chargeback ratios, and can connect them with the best tailored payment solutions that traditional processors will simply refuse.

Here is how Trinity Consultings will assist you:

1. Business Assessment: Trinity takes an assessment of your business model, transactions, chargeback history, and other industry-related interests so they can USB (Uhgiriuro consult) the best payment provider to engage with for your high risk account.

   
   

2. They have relationships with Payment Providers: Trinity Consultings has relationships with many acquiring banks, and high risk gateway's, around the world, allowing them to ensure that companies they are working with are approved as a merchant and are given the best rates.

   
   

3. Integrated Chargeback Tools: Trinity only works with accounts that are integrated with chargeback tools designed to monitor real-time alerts, and are equipped with dispute management dashboards, or in the position of taking proactive pre- chargeback actions.

   
   

4. No Chargeback is a successful Business: As a business, your success is to remain in good standing. In these difficult times, the knowledge and experience to monitor on-going compliance requires ongoing awareness, focusing on the over-all calculation of where their clients can integrate legal/regulatory/finance expectations in a premium-based payment service or cloud associating personal advisory agreement.

Top Features to Look For

When searching for the right model risk merchant account for a high chargeback business, Trinity Consultings recommends watching all of these features in more detail:

Rolling reserves and funding policies to get a sense of any cash flow issues.

Monthly processing limits that are on par or higher than the plan volumes.

Technology platform which includes a payment gateway compatible with Authorize.Net, as well as NMI or even their API if you have a custom payments page.

Fee models and the issues with surprise fees that spike your margins.

The Bottom Line

Companies with high chargebacks don't have to keep settling for bad or costly payment processing. Working with a specialist like Trinity Consultings can potentially allow these companies to work with the best high risk merchant account to manage chargebacks and risk while growing the business. They can also lock in a chargeback count for a large-lump sum issue. Trinity can customize a program that allows you to run your business while mitigating payment processing risk. If your business suffers from excessive chargebacks, where a high risk merchant account would help, the advantages of working with Trinity Consultings will be one of those long-term solutions.