Now you can enjoy the credit, deposit and transactional benefits of modern banking.Operating a high-risk business puts you in a difficult position as a merchant. Either because of the products or services you offer or because your customers typically have a high rate of chargebacks, you have to take special measures to enjoy the credit, deposit and transactional benefits of modern banking. KM Processing can provide simple, reliable and reasonably priced solutions that allow your customers to pay via credit card, debit card, or electronic check — and allow you to quickly bank those payments in your business account. What's more, we provide these services with integrity and transparency.
What makes a business "high-risk?"The "high-risk" label is applied by banks and credit processing agencies.
Why? Typically, because:
- The business is offshore, but sells most of its products to the U.S.
- The merchant sells products that are viewed as suspect or morally ambiguous – such as online pharmaceuticals, online gambling or adult content.
- The merchant’s customer base typically exhibits a high rate of chargebacks or fraud.
- The business uses aggressive sales and marketing tactics like timeshare sales (Some financial planning sites often fall into the high-risk category for this reason.)