What Are Merchant Account Limits?

Merchant Services Q&ACategory: Payment ProcessingWhat Are Merchant Account Limits?
Maurya Shubham asked 7 months ago
1 Answers
Bankim Chandra Staff answered 7 months ago

When you get approved for a merchant account then the PSP decides your monthly volume limit and maximum ticket size limit.
To ensure a good standing of your account you must ensure that you do not cross your monthly sales volume and should not accept individual payments above the approved ticket size limit.
Payment processing companies decide these 2 values depending on various factors

  • Merchants Risk Profile
  • Acquirers Credit Limit Appetite