Many businesses rely on online payment processing to thrive in today’s increasingly digital world. However, finding a reliable and secure merchant service provider can be challenging for high-risk industries, such as those involved with CBD products.

At US Card Solutions, we can provide the relief your business needs when looking for high-risk merchant service and high-risk payment processing.

Experts in the industry of online merchant service providers, we hope to share with you some more information on what high-risk merchants can do when they need payment processing solutions.

What is a High-Risk Merchant?

A high-risk merchant is a business whose transactions are vulnerable to chargebacks and fraud. Moreover, these risky ventures deal with huge transaction volumes and process international payments. Some have low credit scores and are prone to frequent product returns.

Many of the businesses categorized as high-risk operate in the following industries:

• Gambling
• Online dating
• CBD and Hemp
• Travel and ticketing
• Nutraceuticals and dietary supplements
• Adult entertainment
• Subscription services
• E-commerce
• Debt collection
• E-cigarettes and vaping

Are There Merchant Services for High-Risk Merchants?

US Card Solutions does offer what we call merchant service accounts dedicated to serving high-risk businesses. Unlike regular providers, we have the expertise to manage the intricacies of high-risk transactions.

For instance, we use advanced security measures to prevent fraud, which include real-time transaction monitoring, SSL encryption, chargeback protection, and two-factor authentication.

What High-Risk Merchants Should Consider When Looking at Merchant Service Providers

Every high-risk payment processing company has unique terms. For this reason, before you pick one, take your time to review its terms. Pay close attention to chargeback policies, fees, and underwriting criteria.

After the review, choose merchant services with the most favorable terms for your business. That’s one of the reasons why, when contacting us, we are as transparent as possible when it comes to pricing for our clients. Besides the terms, use the following considerations when scouting for a high-risk payment processing company:

Pricing

Pricing is paramount when scouting for merchant services because the fees your merchant asks can affect your profitability. For this reason, get high-risk merchant services with the most competitive rates.

We offer every business lifetime guaranteed rates and month-to-month contracts. This means you won’t have to worry about the potential of making a one or two-year commitment with a new merchant service provider.

Customer Support

Occasionally, your CBD or high-risk business might encounter issues with payment processing. These problems could be chargebacks, processing delays, or fraudulent transactions. Whatever the problem, our 24/7 customer support will provide five-star quality customer service any time of day.

Choosing a merchant service provider with responsive support if you want a smooth experience handling issues.

Reputation

Reputation is another thing that matters when seeking a high-risk merchant service provider. Servicing various industries outside of the CBD and high-risk fields, such as healthcare, retail, and e-commerce, we’re very familiar with the intricacies involved in all business types.

Industry Experience

Like any service provider, experience matters in the merchant service industry. US Card Solutions has many years of experience in understanding the challenges of processing high-risk payments. With this knowledge, we’ll handle risks with utmost precision. You will have a smooth experience choosing us to help with your business needs.

Have the Support Your Business Needs from a Reliable Merchant Service Provider

US Card Solutions is one of the most prominent high-risk merchant services in the US. We serve all high-risk businesses, including those selling CBD. Our customers enjoy 24/7 customer support, Merchant Cash Advance (MCA) loans, and transparent fixed rates.

Feel free to reach out to us or go over one of our packages to see one that fits your business establishment today!

Image Credit: ra2 studio / Shutterstock