High Risk Business - Merchant Stronghold

What is Friendly Fraud?

May 19, 2017 / by Merchant Stronghold / Chargebacks, High Risk Business, Merchant Account / 0 comments

Understanding the Friendly Fraud Card not present (CNP) credit and debit card transactions provide the perfect environment for what’s commonly referred to as friendly fraud. A CNP transaction as a payment card transaction where the cardholder does not or cannot physically present the card for a merchant’s visual examination. At the time of order delivery […]

Responding to “Merchandise Not as Described” Chargeback Claims

April 28, 2017 / by Merchant Stronghold / Chargeback Reduction, Chargebacks, Chargebacks Fraud, High Risk Business, High Risk Business Merchant, Merchant Account, Merchant Services / 0 comments

Taking orders online and shipping the orders to customers might sound simple, but there are challenges. Customers expect products they receive to look exactly like the website pictures, match the descriptions provided on the website and to function accordingly. Descriptive information has to be clearly written so that there is no room for interpretation and any […]

Easy Tips to minimize Chargebacks in Trial Continuity

April 11, 2017 / by Merchant Stronghold / Chargeback Reduction, Chargebacks, Chargebacks Fraud, High Risk Business, High Risk Business Merchant, Merchant Account / 2 comments

What is a Trial Continuity? A continuity program iѕ a company’s sales offers whеrе a buyer/consumer iѕ agreeing tо receive merchandise оr services automatically аt regular intervals (often monthly), without advance notice, until thеу cancel. Thеrе аrе twо essential advantages tо trial continuity. In thе firѕt place, fоr organizations, trial continuity iѕ salary safeguarded. Yоu […]

Tips to Prevent Chargeback

March 30, 2017 / by Merchant Stronghold / Chargebacks, High Risk Business, High Risk Merchants, Merchant Stronghold, Retail Businesses / 0 comments

Hеrе аrе ѕоmе tips fоr avoiding chargebacks: Merchant Communication to Prevent Chargeback-Mаnу chargebacks саn bе easily avoided, оr еvеn rectified, if thеrе iѕ open communication bеtwееn thе consumer аnd thе merchant. Proper Description оf products And Services: Aѕ a merchant, make ѕurе уоu givе сlеаr descriptions оf уоur products аnd service policies ѕо thаt liabilities […]

Running Tour and Travel Business : You are at High Risk (MCC 4722)

February 20, 2017 / by Merchant Stronghold / High Risk Business, MCC / SIC Code, Payment Gateway, Travel Agency / 0 comments

If you run a travel agency as the tour operator, or hotel operator planning to the same then you must be excited by the opportunities in High Risk. Before start receiving online funds, you must setup payment gateway for your merchant account. Your online payment gateway basically makes it possible for your customer’s payment to […]

What are High Risk Businesses?

November 30, 2016 / by Merchant Stronghold / Chargebacks, E-Commerce Tips, High Risk Business, High Risk Merchants, Merchant Account / 9 comments

You are most likely wondering what a high risk business is. if you arrived on this page. This is a term that you can find very often in the financial world and it does bring in front quite a lot of challenge even for the industry professionals. We are here to eliminate the shroud and […]

WHAT’S REQUIRED TO BOARD A HIGH RISK BUSINESS MERCHANT

August 10, 2016 / by Merchant Stronghold / High Risk Business, High Risk Business Merchant, High Risk Merchants, LLC Businesses, Merchant Account, Merchant Account Requirement, Merchant Account Tips, Merchant Agreement, Merchant Services, Merchant Statistics, Merchant Stronghold, Merchant Underwriting / 3 comments

Business Documents and KYC 3 months recent prior processing statements for all products intended on being processed through the merchant account (If applicable)

CREDIT CARD PROCESSORS FOR DOCUMENT PREPARATION SERVICES BUSINESS [ MCC 7276 ]

July 15, 2016 / by Merchant Stronghold / Business, Business & Economics, Document Preparation, High Risk Business / 8 comments

If you are offering document preparation services. Then you know how much important it is for your business to accept credit cards online. For any small or large scale business the hardest part is to choose the correct credit card processor that fits the right technology and business needs. There are number of merchant account […]

ONLINE PAYMENT PROCESSING SERVICE FOR MAGAZINE SUBSCRIPTIONS

July 8, 2016 / by Merchant Stronghold / High Risk Business, High Risk Business Merchant, MCC / SIC Code, Merchant Account, Merchant Services, Online Processing / 1 comment

Since 2014, there has been a 400% increase in people moving to digital wallets and credit cards reports Merchant Stronghold. Today, small businesses are more dependent merchant accounts and payment gateways to be able to offer multiple payment options to their customers. Credit Card is the most preferred and fast one. A convenient way for […]

MERCHANT STRONGHOLD : BEST PAYMENT GATEWAY PROVIDER

June 29, 2016 / by Merchant Stronghold / High Risk Business, High Risk Business Merchant, High Risk Merchants, MCC / SIC Code, Merchant Account, Merchant Services, Online Payment Services, Online Processing, Payment Gateway / 3 comments

Merchant Stronghold: Best Payment Gateway Provider Merchant Stronghold is one of the leaders in the merchant account industry. We offer payment Gateways and payment options that no one in this industry offers. Executing an agreement with merchant service provider is the first step towards accepting credit card payments. Before Opening a merchant account, you should […]

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