How Do I Know My Business Is Low Risk Or High Risk Before Applying For Merchant Account?

How Do I Know My Business Is Low Risk Or High Risk Before Applying For Merchant Account?

Before you apply for a merchant account, you should know whether your business is high risk or low risk. High-risk businesses typically have higher fraud risk and chargeback risks, which make it difficult to secure financing. In contrast, low-risk businesses tend to have lower credit risk and fraud risk, which makes it easier to get…

Gun-Friendly Ecommerce Platforms

Gun-Friendly Ecommerce Platforms

As a gun merchant, you can’t always rely on the world’s leading ecommerce platforms to sell firearms, ammunition and other products. There are other challenges when selling guns online. Many banks and credit card processing companies aren’t “gun-friendly.” That means you’ll need to look for a high-risk merchant account and payment processing solution that lets…

What To Do About PCI Noncompliance

What To Do About PCI Noncompliance

PCI DSS compliance. You’ve likely heard this term. But what’s it mean? And what are the fines for PCI noncompliance? PCI DSS is the Payment Card Industry Data Security Standard. It’s a promise companies make to safeguard sensitive card payment information according to PCI security standards. What if you don’t take proper care of customers’ sensitive…