I’ve been comparing merchant account options and noticed some are labeled “high-risk.” What exactly is classified as a high-risk merchant account, and how do providers determine whether a business falls into that category?
Answer by: abdullah-al-naim
3 weeks ago
A high-risk merchant account is designed for businesses in industries considered high-risk, allowing them to process card payments. These accounts usually have stricter rules and higher costs compared to standard merchant accounts.
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