Hey everyone! So, I'm in a bit of a situation and could really use some advice. I run an e-commerce store for specialty items, and it's been growing fast, but we’re starting to face some challenges with payment processing. Because of our industry, we’re flagged as "high-risk" and keep running into issues with traditional banks not wanting to work with us. Recently, we had a scare where our processor froze our funds, which was a real wake-up call. I'm now looking for a high-risk payment processor that’s reliable and won’t put us in the same position again. Any suggestions or stories from people in similar situations?
Finding a Reliable High-Risk Payment Processor?
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martinharris11
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- 2 posts
jinwatkins1
- Membre
- 2 posts
25 octobre 2024, 17:14
Yeah, I totally get where you’re coming from! I had a similar experience when my business started getting flagged because of the products we sell. I also struggled to find a processor that could handle the risks without charging an arm and a leg. After searching for a while, I came across this high risk payment gateway https://highrisktech.com/, and honestly, it’s been smooth sailing since. They’re set up to work with businesses just like ours, and I’ve noticed that their terms are way more flexible than what traditional banks offer. They also seem to understand the industry quirks, which is a big plus. Maybe check it out if you’re still on the hunt?
rickey5
- Membre
- 2 posts
28 octobre 2024, 12:56
I’ve read that there are different criteria that can classify a business as high-risk, and it’s not always obvious at first. It must be tough to navigate those rules and regulations, but it’s great to see that there are options out there for specialized processors to help businesses keep things moving smoothly.
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