Looking for a Business Opportunities Merchant Account?

Need a Business Opportunity Merchant Account?

A business opportunities merchant account is indeed classified as high risk for a variety of reasons, making it difficult to find a reliable processing partner. PayKings specializes in working with high risk merchants and has multiple acquiring banking partners that offer sustainable business opportunity merchant accounts.

By way of product categories, skincare products, home-based business opportunity merchants, and nutritional supplements, such as CBD and weight loss formulas are generally considered to be high risk merchants. This is not necessarily decided on the kind of goods being sold. In this instance, being classified as high risk is a result of the method payments are being processed.

In an increasingly digital world, clients are adopting mobile and new payment processing procedures. Meanwhile, business owners are taking the point-of-sale off the counter. PayKings offers unique business opportunity merchant account solutions that make it easy to accept all forms of  payment processing that your customers utilize, from anywhere in the world your business may take you.

How Can PayKings Help With Your Business Opportunity Merchant Account?

As the world gets increasingly cashless, offering your customers an alternative to cash or check is paramount. Some benefits of starting a business opportunity merchant account are:

• Improved cash flow direction
• Capability to accept recurring payments for services provided on a regular basis
• Increased earnings
• Avoid possible losses from bounced checks
• Better customer service and satisfaction

PayKings can get your high risk business opportunity company a merchant account quickly and easily. Learn more about our application process here. Additionally, PayKings understands the ways to keep costs low for your business. We focus on making sure your high risk merchant account is sustainable and continually processing payments. One specific initiative we take is to be diligent in keeping your chargeback ratio low. A few of the strategies that business opportunity merchants can put into place to assist in reducing chargebacks are:

How Does Being High Risk Affect Getting a Business Opportunity Merchant Account?

With the continually growing regulations looming in the business opportunities industry, it makes running a company much harder for their owners. Regulations, restrictions, and rules for business opportunity merchant account providers can put even more stress on being successful. Due to these numerous challenges, finding a payment processor that will accept a merchant account for a business opportunities business can be extremely difficult. Banks often brand business opportunities firms as high risk business for a variety of reasons. And most merchant account providers do not fully understand how the industry works. This results in most banks not only categorizing the industry as high risk, but they are also unlikely to approve your application all together. PayKings is here to walk you through the entire process. If you have had trouble acquiring credit card processing for your high risk merchant account, you’ve come to the right place.