Evaluating Low vs. High-Risk Payment Processing: A Look at Providers such as Pay.cc
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PinionNewswire — If youre running an online business, one of the first things you need to make sure of is that you have a credit card payment processor. After all, how else do you expect customers to pay for your products? And even if you run a small business, having the option to let customers pay with their credit card is a big convenience. Since very few people carry cash with them, being able to pay with their cards is a major advantage.
Pay.cc homepage source: pay.cc
What Are High-Risk Merchant Accounts?
When you sign up with a company that will accept credit card payments, such as Pay.cc, theyll likely assess your risk level first. Usually, theyll evaluate whether youre categorized as a high-risk business before accepting your application. Being labeled as high-risk me...