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It is definitely possible, but it is important for you to understand how Stripe works first. Let us quickly understand that why your account is frozen. Stripe is not trying to steal anyone’s money. It’s a well-known company and it’s a backbone for many small and large merchants. They operate
Sometimes getting a high-risk merchant account in New Zealand can actually feel like climbing a mountain while also blindfolded. Whether you are in the online coaching industry, you sell nutraceuticals, or you operate in any other high-risk industry, the process is rarely straightforward. But with the right guidance, approvals do
The scale of your Vegetable business operation can change how payment processors look at you. With a monthly sales volume of around $500,000, you are no longer treated as a small farm stand. You will be seen as a mid-market, high-volume merchant. That means underwriters will examine not only what
Even though you are not a plant-touching business, payment processing companies and merchant acquirers often lump CPA firms and advisory practices into the same high-risk bucket as cannabis, CBD, or hemp clients you serve. The challenge is not what you do. The actual challenge is how the banks perceive your
Many websites that operate in the wellness and supplement industries generally wonder why their merchant account applications get declined by traditional payment processors. The reality is that acquiring banks and payment processors view these verticals as high risk and here are some of the reasons behind the same. The first
Getting approved for a CBD merchant account in the USA is not as easy as just filling out an application form and hoping that everything will work out best for you. You will have to think strategically and work with financial partners that specialize in supporting merchants from high-risk industries.
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