Using a credit and debit card payment to be a luxury a few years back. But now, card payments become a necessity for most businesses with online platforms. So if you run a small business or a big size business, you need a high-risk merchant account. A few years back, a merchant account can be difficult to open, but now it is very easy to open and use. Even, 5 Star Processing provides a high-risk merchant account instant approval. We have many solutions for your business. If you want to make mobile payments, then our service provider can help you to accept payments from your android and apple phones too. Your entire requirement is our help; we will grow your business with modern gateways that will accept payments from anywhere in the world.
High-Risk Merchant Account Instant Approval | 24*7 Merchant Support
Generally, high-risk merchant account instant approval takes a few weeks and days to complete the approval process. 5 Star Processing offers services that are personalized for your business. Our highly experienced team of experts works closely with you so that you can choose the right merchant services and payment method for your business. If you are facing any issue and want to ask any questions or queries to our technical support team, then they will help you with chargeback and other issues 24/7.
What can delay your merchant account approval?
5 Star Processing offer high-risk merchant account instant approval solution for merchants who require enhanced all the transaction process. If you are a high-risk merchant, we understand that merchant accounts are not easy for you. Instant approval for a merchant account is not an easy task. It takes a few weeks for approval. Some factors which delay your merchant account approval –
- Bad Credit – Bad credit reduces the chances for businesses to get bank approval.
- High-Risk Business
- E-commerce with Large Transactions
- International Merchant
One-Stop Solution from 5 Star Processing
High-Risk Merchant Account Instant Approval doesn’t exist though, doesn’t mean that you are not able to get instant approval. Our most successful fast approval providers can handle a case in under 48 hours. If you have any queries about high-risk merchant account instant approval or you need help securing a merchant account give us a call at +1-888-253-9692. For more information, visit 5 Star Processing.
Following these steps and being knowledgeable about the approval process will help you find a quality high risk merchant service provider and thus increasing your odds of success.
In a broad way, these are the three steps for getting approval for a high risk merchant accountDo your research- Running a business that is operating in what's considered a high risk industry requires more thoughtful planning to be successful and to keep your merchant account in operation.
Examples of high risk businesses include: eCommerce Anything adult-oriented Tobacco Gambling Financial services Legal services Travel and hospitality.
Finding a source for a merchant account and then keeping your account open is much easier once you know the common pitfalls to avoid Finding the Right processor - The next step is to focus on is to find the right processor.
The processing partner you choose will make all the difference when it comes to your business' success in payment processing.
It is drastically more impactful to find the right partner for high risk businesses compared to that of 'low risk" business because of how the approval process works.
Generally, there are three different costs associated with PayPal merchant account fees such as hardware costs, software costs, and payment processing fees.
If you are using PayPal for digital transactions then you don’t need to worry about payment processing.
Even it makes its money by payment processing fees.
PayPal offers its basic software at no cost.
Software costs are monthly fees you need to pay for payments of the webpage, mobile, and over the phone.
Payment processing fees are a small percentage of payment being processed.How does the Online Payment Process work?If you want to start online payment process work, here the steps to follow and the players involved with the payment process.
Gather information on How to Get Your Merchant Account Approved Instantly.
Setting up card payments is going to make a huge positive difference to your company.
It opens you up to a much wider selection of potential customers and it can guarantee greater satisfaction.
However, before you can start thinking about doing that, you need a high risk merchant account instant approval.
We all want to get going as quickly as we can, however, it isn’t always that simple.
Statistics (First Card Payments) suggest:30 Percent were cases of identity thefts.15 Percent of orders were wrong26 Percent of orders had something else in the box.On the one hand, Merchants have to deal with Fraud, Money Laundering, and Wrongly delivered or charged products.
However, there needs to be an expert Payment Service Provider such as eMerchantPro to produce significant results in the payment experience line-up.The features are a representation of the Payment Gateway’s capabilities.
Moreover, it produces solid consumer retention for a business through the service provider’s expertise.
The consumer can use the saved transaction data to repay in the future with just a little credential entry.Easy CheckoutTo smoothen the process further, the Easy Checkout feature of the Payment Gateway removes any waiting time or illogical re-directions.
It means a merchant can reach a global audience easily and quickly.Keeping in mind that preference is the key will revolutionize the business.
Thus, the reporting mechanism of the payment gateway readily informs the concerned institution promptly.
Find the right credit card processing solution for your pharmacy.
5 Star Processing provide Best Online pharmacy merchant account and telemedicine solutions.
At High Risk Solutions, we offer true solutions for these specific business types.
Set our proprietary payment gateway for your online pharmacy sales.
