PayKings Blog

What to Expect From the High Risk Merchant Account Underwriting Process

What to Expect From the High Risk Merchant Account Underwriting Process

May 16, 2023

The merchant account underwriting process can be overwhelming. This is particularly true for high risk merchant accounts, and those merchants who have been declined by traditional banks and aggregate payment processors. In every industry, there are companies that challenge regulations and create a bad reputation for those who are legitimate merchants. Due to these untrustworthy… Read More

Get an e-Cig and Vape Merchant Account

Get an e-Cig and Vape Merchant Account

May 16, 2023

Selling eCigs and vape retail online is a profitable business model. Because of the nature of this industry, these companies need a bongs merchant account. It is a venture you can’t take on without proper payment processing solutions. And vape business owners must be aware of the regulations that come along with being in a… Read More

Kratom Merchant Account

Kratom Merchant Account

May 16, 2023

Even though the market for kratom is starting to sky rocket, entrepreneurs are still faced with added difficulties. When it comes to obtaining a kratom merchant account, you will need high risk payment solutions. As a kratom shop business owner, it’s essential to understand the fundamentals when it comes to high risk merchant accounts and… Read More

Steps to Get Your CBD Merchant Account

Steps to Get Your CBD Merchant Account

May 16, 2023

How to get a merchant account for CBD products? If you are trying to get a merchant account for a CBD business, you’ll need to look for alternative forms of payment processing. CBD is a high risk industry in the financial sphere. This means your company requires a specific type of merchant account that allows… Read More

What is the TMF Listing and What Does it Mean for Merchants?

What is the TMF Listing and What Does it Mean for Merchants?

May 16, 2023

What is the TMF Listing? Hopefully you are reading this without having the misfortune of having a termination of your merchant file. But if you’ve just been informed of being added into the Terminated Merchant File (TMF) or MATCH record, then this information should help you understand what it means for you and how to… Read More

Why High Risk Industries are Avoided by Payment Processors

Why High Risk Industries are Avoided by Payment Processors

May 15, 2023

What Is A High Risk Industry? A high risk industry is a sector of business that banks categorize as riskier due to potential issues with their payment processing. These industries face concerns like high chargeback rates, MATCH listings, or fraud. Banks have special stipulations for boarding high risk accounts. High risk industries require merchant accounts… Read More

Online Dating Industry Trends Today and Beyond

Online Dating Industry Trends Today and Beyond

May 15, 2023

A recent report by Marketdata Enterprises, Inc. revealed that online dating companies have grown into a $2.5 billion industry in the United States alone. Furthermore, online services from dating merchant accounts make up for 70% of the worth of the market. An explosion of programs and online sites have continued to generate this services industry… Read More

Low Risk Vs High Risk Payment Processing

Low Risk Vs High Risk Payment Processing

May 14, 2023

Are you looking for a low risk merchant account for your business? Banks and payment suppliers will assess the risks connected with your company and choose whether they can accept your application for payment processing. Low Risk Merchant Account In case that they consider you a high risk merchant, you may be charged a premium…. Read More

Worried About High Risk Merchant Account Fees?

Worried About High Risk Merchant Account Fees?

May 14, 2023

So here you are, you either just had your aggregate merchant account shut off by the popular payment processors like PayPal, Stripe, or Square, or you’ve done your research and know your business is in a high risk payment processing industry. The answer to both of these predicaments is that you need to get a dedicated… Read More

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