In the aftermath of high-profile mass shootings, corporate America has been taking a stand against the firearms industry amid a lack of action by lawmakers on gun control. Payment processing firms are limiting trades, Bank of America ceased providing funding to businesses that make AR-style guns, and retailers like Walmart and Dick’s Sporting Goods imposed.
When you’re setting up a new business (or revising and updating your already existing one), it’s helpful to know the latest technologies and services available to to you and your eCommerce business. Online retail sales and services are a necessity in this day in age even to those businesses who have a brick and mortar..
Imagine with us, if you will, you are researching the next best industry to maximize your profits and fatten your wallet. During your probe, you come across something that causes you to pause. You discover that the industry deals in “high risk payments.” Is this really something that should cause you to turn tail and.
If your company is considered high-risk, it can seem impossible to find a payment processing company that will take you. The stark reality is getting high risk merchant solutions for your business is risky but not as difficult as it might appear. The important thing is taking the steps to better your chances before you.
With the recent wave of cannabis legalization and decriminalization for recreational and medical use in the United States, entrepreneurs and corporations alike have been flocking to get on the ground floor of this booming industry. Possession laws for cannabis vary from state to state, and the natural marijuana derivative cannabidiol, or CBD, faces more lax.
If you’ve read the news lately, or have noticed the number of vape (or e-cig, e-juice, e-liquid) shops cropping up in your community, you won’t be surprised to hear the vape industry is on the rise. In fact, researchers estimate the vape industry will be worth over $8.26 billion by 2025. With this astronomical growth,.
In 2017 the online dating industry yielded over $415 million dollars. There is clearly a market for this type of business, money to be made with online dating, and a need for this specific service. So how do you get your online dating business set up for payment processing that is reliable and secure so.
In this highly digital, online for everything, technologically advanced world we live in, it’s mind-boggling that there are still some companies that do not accept credit cards as a method of payment. Why is this? How are these businesses successful? The biggest complaint is the fees that merchants have to pay for credit card processing.
What do high priced ticket sellers, travel agencies, adult entertainment, online dating websites, medical marijuana practices, subscription boxes, and vape retailers have in common? They’re all high risk industries. Ultimately, banks and low-risk independent sales organizations (ISOs) avoid associating themselves with these and other high risk business types. This makes payment processing a challenge for.
A new type of internet scam is hitting companies and merchant accounts – “phishing” attacks. These strikes are a savvy combination of social technologies and identity theft that manages to trick people into revealing private details. Unfortunately, it’s really rewarding for fraudsters. Phishing attacks cost companies from those with low risk to high risk merchant.