Wednesday , April 24, 2024

How to Earn More Profit from Accepting High Risk Businesses

 

 

There is a desire to make money and the desire to avoid risk. In between is where profit lies.

As many ISOs and merchant sales agents know, higher volume, complex, higher risk and hard to place merchants represent a significant profit opportunity. But to benefit, you need the right processing partner. Specialists in the high risk space with a dedicated, experienced underwriting team, plus the right bank relationships, make a huge difference.

As a merchant reseller or ISO, you may be turning away profitable business due to concerns about risk or chargebacks. Break through these barriers by partnering with a firm that has the operational model to board merchants considered high risk by traditional banks. Risk Payments was built with this goal in mind.

As specialists in online and card-not-present processing, Risk Payments offers an aggressive merchant acceptance policy and provides its ISO and merchant reseller partners with industry consultation, flexible merchant account solutions – domestic or offshore – and can reduce liability to yield greater rewards. In short: you can now turn previously declined deals into profit.

One Size Doesn’t Fit All

Not all businesses considered high-risk are built the same. Each has its own unique requirements. Banks evaluate them on either financial or reputational risk. If an acquirer expects many chargebacks, monetary losses or potential for fraud, they will stay away. Even though these merchants may have sound financial and operating practices, they may still be declined.

These industries include:

· Online Firearms

· Online Pharmacy

· Telemedicine

· Travel

· MLM / Direct Marketing

· Nutritional Supplements

· Collections

· Digital Content

Risk Payments understands these business types and can mitigate any and all potential risk. Its team of specialists has the experience, processes and capacity to address high-risk merchant markets and comply with card brand rules across multiple geographies.

Profit Safely from High Risk Industries by Partnering with Risk Payments

· Maximum revenue share and lifetime residuals

· True interchange plus pricing

· Chargeback management and risk reduction programs

· Zero liability and no exclusivity

· Online residual and commission reports

· Dedicated and knowledgeable Partnership Manager

Grow Your Business with a Full Suite of Merchant Solutions

· Multi-currency pricing (MCP) with over 130 currencies

· Global payment gateway with hosted pay pages

· International merchant accounts

· Recurring, subscription billing

· Automated account updater

· Fraud management and security tools

Risk Payments’ dedicated experts engage in sound underwriting practices that address evolving risk trends. The end result is faster merchant approvals with less attrition.

Earn additional revenue by becoming a partner by calling 480-745-7500 or visit Risk Payments online.

For More Information Visit: www.riskpayments.net/partner

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