High Risk Processing Attorney 101 – For Merchants Benefit.
Having a high-risk processing attorney is a good idea if you have a lot of online transactions. This type of legal counsel can help you ensure you’re staying in compliance with laws and regulations. This can also help you with your marketing strategies and advertising claims. Many attorneys specialize in this area of law.
They can work with you to ensure that your business follows the rules. These professionals may also assist your with valid terms and conditions as well as policy pages for the website. Some industries require legal opinion and these attorneys may assist with the same as well.
If you are a high risk merchant then having a high-risk processing attorney is highly recommended because you’ll need to ensure that all laws and regulations are followed. Then only an acquirer may be interested in on-boarding you as a merchant.
There are few other reasons that may be the reason to look for a high risk processing attorney. Suppose you have a small business and are concerned about high chargebacks. In that case, you may be in a category categorized as high-risk. While the most common cause of high-risk tag is a fraud, there are other reasons why a business might be classified as high risk. The most common reason is a high chargeback rate, but other factors can also contribute to the classification. For example, if you are in the gaming industry, you may be a high-risk company.
Other industries that may need the assistance of high-risk processing attorneys include skill gaming, CBD, Crypto exchanges, legal betting and vapes.
Another reason that a high-risk business may be flagged by financial institutions is that it may not be profitable. The financial institutions will want to make sure they’re working with a company with a proven track record to avoid losing money. If you are in this category, you need to work with a high-risk processing attorney who can help you in putting all the factors on paper so that you give a clear financial standing history to the acquiring bank.
We have handpicked few agencies that may have the required skills to assist you with the required legal opinions for credit card processing if you are a high risk merchant.
Disclaimer :- We are not associated with any of the law firms listed below. The information is only reference material for merchants benefit.
They offer various payment related attorney services including High Risk Processing Attorney Services. There website mentions that it is there core part of practice. They also assist with professional services in relation to getting reserves from Processors and getting de-listed from TMF list.
With offices in San Diego and Los Angeles the Law firm offers various services in relation to merchants and acquirers. The Law firm offers professional assistance to merchants with queries in relation to Electronic Payments Law. The firm also offers professional assistance with Match/TMF removal.
Based in Washington DC the law firm offers various payment industry related services. The website includes legal services for gaming and betting merchants. The firm also offers key services that include TMF/Match Removal.
If you can recommend some more law firms that you think shall be listed here then email us on [email protected] also send us a small write-up that differentiates the law firm from others and why it should be on the list.