High Risk Merchant Center
A long-time high risk merchant account holder or new to the world of risk merchant processing? Whichever the case, MerchantWorthy.com™ is looking to bring its unique high risk account application, approval and consulting services to help get your risk merchant account in operation. Our high risk merchant showroom is available for risk merchant advisory services and account applications throughout the day and on evenings or Saturdays by appointment. If you are looking for high risk merchant account information, call us at 800-357-0001.
The Number of Merchant Chargebacks is Important
In most high risk accounts or merchant account terminations, our merchant account underwriting team finds that the number of merchant chargebacks is the underlying cause. Essentially, a merchant chargeback is when a customer returns or disputes a merchandise or service charge - leading to a charge by the credit card processor to your merchant account reducing the account by the amount of the purchase plus a chargeback fee! The higher the number of chargebacks, the more likely you are to find your merchant account classified as high risk.
Risk Merchant Account Application & Underwriting
In almost every case, MerchantWorthy.com is able to get a completed risk merchant account application together with supporting documents through the approval process within 24 hours of submission. And our approval rate is excellent! So contact us immediately to get your completed merchant account application in front of our high risk merchant processors. And remember that reliable high risk merchant processors are the key to the stability of your business.
High Risk Merchant Reserves
For merchant businesses who are new to the high risk merchant category, the merchant reserve is a cash amount held back from the available post-clearing funds in your merchant account. The high risk merchant reserve generally ranges between 5% and 10% of each merchant's approved volume or monthly sales volume. Reserve amounts are held by the merchant processor to ensure against losses due to uncollected fees, merchant fines, excessive chargebacks, etc.
Merchant reserves can be held for a minimum of 180 days under a rolling reserve feature of the high risk merchant account. If you want to know more about risk merchant reserves and credit card processing accounts, please contact us or visit our high risk merchant walk-in showroom in Pompano, Florida.
Merchant Account Equipment
If your business needs new credit card processing equipment or you would like to find out more about the virtual payment gateways favored by high risk merchants, we can help you to find what you need. We offer on-site merchant equipment demonstrations in our walk-in risk merchant showroom and telephone tutorials and guides on how to set up and operate your merchant account's virtual payment terminal software.
High Risk Seminars & Sessions
From our Florida risk merchant showroom, MerchantWorthy.com™ will run high risk merchant introductory and analytical seminars. Or, if it is more convenient for you, we are always available for one-on-one risk merchant sessions to go over any aspect of the high risk merchant application, approval process or risk account characteristics. Call us at 800-357-0001 to set up an appointment during the business day, in the evenings or on Saturdays.
High Risk Merchant Markets
Even though MerchantWorthy™ is located in South Florida, we provide high risk merchant consulting services beyond our merchant walk-in showroom. If your business is located in Georgia, North or South Carolina or elsewhere in the Southeast, call us at 800-357-0001 to find out how we can help your business survive merchant account termination, risk merchant acquiring bank failure or the commonplace high chargeback problem. Or visit our High Risk Merchant FAQ to find out more.