“High Risk Holdings took the time to understand my business model and to educate me. Other brokers I worked with just asked me to fill out multiple applications and hoped one would be approved. It was reassuring to work with a company that actually cared about my business.”
Since 1996, when voters approved Proposition 215, commonly known as the Compassionate Use Act, medical marijuana has been permitted in California. However, medical marijuana dispensaries have long had trouble accepting debit card payments due to regulations on the banking sector. That has changed as of January 1, 2020, though. A change in state rules that […]
Read ArticleIf you have shopped for a merchant account, you may have noticed that some businesses are denied accounts due to high risk. Merchant account companies assume a certain amount of risk with each company they work with. In many industries, the risk is fairly low. However, companies in some niches like casinos and gambling may […]
Read ArticleCountless processors and banks deem definite varieties of businesses high risks. Gaming businesses should include online gaming merchants from the finest service provider. Banks or extra processors consider these accounts high risks as of the potential for massive chargeback, possible legal violations, returns, or just bad advertising for accepting those sorts of businesses. High-risk merchants […]
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