If you are looking for solutions on high risk merchant account bad credit, then you came to the right place! Quadrapay is the expert in the high risk merchant accounts providers industry to accept payments for your business even with bad credit score.
A merchant can be classified as high risk business because of several varieties of reasons. That’s why it’s always a better option to go with a reliable payment processor. We have a good connection with several acquiring firms to offer you the best out of merchant account with bad credit history.
Taking Another Opportunity With Quadrapay: High Risk Merchant Accounts With Bad Credit Score
A business is known as high risk merchant bad credit when you go bankrupt in your history of credit, or you get a low score in the FICO. That’s why it is essential to maintain your credit score because it’s the primary factor for a bank or financial institutions to provide services to you. You expect your payments to be settled in your bank account within 12-48 hours after completing the sale, and that must be your main moto, but due to the high chargebacks on credit cards, this will create several issues because of high risk category your bank may decide not to give you payment processing services for your business.
As per a general survey, “there are around 90 millions of people in just America only which comes under the category of bad credit”. And all these happen because lack of knowledge and services of low experience merchants, that’s why you need a bad credit merchant account from the reliable industry experts like Quadrapay.
Procedure To Get A High Risk Merchant Account With Bad Credit Score
To practise for a high risk merchant account with bad credit, you need to first:
- Clear All Outstandings: You have to clear all the outstanding debts for your financial institutions or banks.
- A Letter Proof of Payment: After clearing all the outstanding dues being settled, you have to get a letter stating that you have made all the full and final settlements and no outstanding due is left. This letter will also be stating that you deserve a second chance.
- Documentation: You need to provide your KYC documents for completing the verification and approval process. After completing the complete analysis of your records, you will be ready to open merchant account with bad credit.
Why Choose Quadrapay For High Risk Merchant Account Bad Credit Solution?
Quadrapay is proud to be an expert in providing payment services for the high risk merchant account bad credit businesses with good relations of several acquiring PSPs so that you can continue to receive payments for your products and services even in the cases of the bankrupt, poor history of credits, and low scores of credit merchant services account, all these with an always ready to assist customer service support. So stop thinking and contact us now at [email protected].