I’ve been trying to set up a payment processor for my new online store, but a few providers flagged my business as high-risk. I’m not sure why. Why are some businesses labeled as high-risk by payment processors even if they’re completely legal and compliant?
Answer by: abdullah-al-naim
3 weeks ago
Payment processors classify businesses as high-risk if they face frequent chargebacks, operate in regulated industries, or have unpredictable income streams.
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
