I’ve been operating as a high-risk business for a while now, but I’m hoping to improve my standing. Is it actually possible to change my high-risk status over time, and if so, what steps would help me qualify for better rates or lower-risk classifications?
Answer by: abdullah-al-naim
3 weeks ago
While you can’t change factors like your industry, you can improve your business’s profile by lowering chargeback rates, enhancing fraud prevention, maintaining stable sales volumes, and building a strong financial track record. Partnering with high-risk-friendly payment processors can also help.
Learn more about High-risk business and merchant accounts:
Understanding High-Risk Business: Risk Factors and Solutions
10 Clear Signs Your Business Might Be High Risk!
Low-Risk Vs. High-Risk Business in Terms of Payment Gateway
High-Risk Merchant Account: Secure Yours, Thrive Without Limits
