Whether you’re a travel agent or jeweller, or in the business of online gambling or Cannabidiol (CBD), you’ll find you’re one of a long list of business sectors that fall under a ‘high risk’ category. These sectors are considered a greater risk by banks and are more closely monitored by Visa and Mastercard. This can not only make it difficult to get a merchant account with a bank, but can also cost you more in fees and chargebacks.
If you manage a business that operates within a high risk sector, Swipen can advise on best practice and help you set up a full e-commerce payment process that’s secure and correctly reported. This helps to protect both you and your bank from chargeback losses and credit card fraud.
Swipen are experts within the high risk sector and have formed close relationships with merchant banking partners, giving the banks more confidence to approve accounts for our high risk customers. We will manage your application and deal directly with the bank on your behalf, giving you time to concentrate on what you do best.
Our risk management solutions give you security and control; our award winning reporting will give you instant and live access to your online account and our fraud prevention is state of the art. We can also work with you to negotiate rolling reserves, settlement times and set up costs.
To find out more about Swipen’s merchant service solutions for high risk sectors, or book a call back from a member of our team, click here: https://swipen.co.uk/high-risk/