A high-risk business is any business that operates within an industry that is considered risky or unsafe. Any business that has a higher than average risk of financial failure may be considered high risk, which depends on factors like location, industry type, local culture, and the age of the business.
Learn everything you need to know about navigating your high-risk business. From understanding how banks deal with high-risk businesses to learning how to stay off the MATCH list, utilize our resources and stay prepared for the road ahead.
Under the Dietary Supplement and Education Act of 1994, firms that manufacture and distribute dietary supplements and ingredients must evaluate their own products to ensure…
A high-risk merchant account lets businesses labeled as high-risk accept credit and debit cards. After processing fees, funds are transferred to the merchant's bank account…
Cryptocurrency is a cutting-edge payment method that, as it gains more global acceptance, only seems to grow in popularity. If you're interested in expanding your…
Among the long list of MCC codes used within payment processing to categorize industry types, a high-risk MCC code indicates a business operates in a…
NMI provides payment gateways—including high-risk payment gateways—used by more than 250,000 merchants worldwide.[footnote]NMI. NMI Reports Breakout First Half of 2021, Primed for Continued Success. Accessed…
High-risk virtual terminals allow your small business to remotely accept a variety of different payment options via a secure webpage. Before continuing, we should note…
Many eCommerce platforms ban high-risk industries from conducting business on their sites; BigCommerce, however, does not. As one of the world's most notable eCommerce brands—currently…
Within the payments industry, the term high-risk business describes businesses associated with an elevated risk of financial exposure. (Unfortunately, the phrase has nothing to do…
Shopify is one of the world's most prominent eCommerce platforms—currently powering more than 4.4 million live websites across the globe.[footnote]BuiltWith. "Shopify Usage Statistics". Accessed on…
You can easily accept high-risk transactions using an Authorize.net payment gateway, provided it's connected to a high-risk merchant account. And Authorize.net's high-risk payment gateways don't…
Quick and Easy Approval for High Risk Merchants