CAN YOU GET A HIGH RISK MERCHANT ACCOUNT THAT DOES NO CREDIT CHECK VERIFICATION?

Merchant Services Q&ACAN YOU GET A HIGH RISK MERCHANT ACCOUNT THAT DOES NO CREDIT CHECK VERIFICATION?
Bankim Chandra Staff asked 2 months ago
1 Answers
Bankim Chandra Staff answered 2 months ago

This is difficult in case if you are searching for a domestic merchant account. Most of the domestic payment processing companies will perform a credit check. you might be interested in looking at offshore merchant accounts and e-check processing. These offshore merchant accounts might not be so difficult as the domestic solution as they are located in a different geography.

If you are lucky in getting a High-Risk Merchant Accounts with No Credit Check please think of retaining that account for a long time. This can be done by using charge-back alert and prevention services. This service allows the merchant to get alerts after the dispute is created. Many CDRN providers work directly with banks and other card issuing agencies. This does not guaranty 100% alerts but can help the merchant especially a high risk merchant to a great extent. We have seen many merchants getting good results by using the charge-back alert services.