Glossary
High Risk Merchant –
A high risk merchant is one who may experience a higher than average rate of returns, payment fraud, customer disputes, and chargebacks. Some common high risk industries include: e-commerce, adult services, and pharmaceutical sales.
A high risk merchant is one who may experience a higher than average rate of returns, payment fraud, customer disputes, and chargebacks. Some common high risk industries include: e-commerce, adult services, and pharmaceutical sales.
High Risk Merchant Account –
A high risk merchant account is one that is used on an e-commerce site to accept payments for processing, for certain high risk industries, or bad credit merchant accounts, off-shore merchants who might have difficulty working with merchant account providers that will only work with lower risk industries.
A high risk merchant account is one that is used on an e-commerce site to accept payments for processing, for certain high risk industries, or bad credit merchant accounts, off-shore merchants who might have difficulty working with merchant account providers that will only work with lower risk industries.
Merchant Account –
A merchant account is an account that an e-commerce website has with a provider of services where people can submit payment to a bank and make a purchase directly from the shop or online store.
A merchant account is an account that an e-commerce website has with a provider of services where people can submit payment to a bank and make a purchase directly from the shop or online store.
Mobile Payment Solutions –
A mobile payment solution is a tool or service that allows the customer to pay for goods and services on the go. An example of a mobile payment option is using Square on an iPad so cardholders can swipe to pay no matter the location.
A mobile payment solution is a tool or service that allows the customer to pay for goods and services on the go. An example of a mobile payment option is using Square on an iPad so cardholders can swipe to pay no matter the location.
Offshore Merchant Accounts –
An offshore merchant account is an account primarily for e-commerce merchants to process online transactions in a non-resident country.
An offshore merchant account is an account primarily for e-commerce merchants to process online transactions in a non-resident country.
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