Monday, March 19, 2007

Are you a High Risk Business that needs to process credit cards?

The only thing you have to be to considered a "High Risk" when it comes to doing business in this economy is anything against the norm. If you don't have a store front aka sticks and bricks location then you are considered a "High Risk". If you do have a store front but it is in a really bad town, city or zip code, you are considered "High Risk" and most of all if you have questionable or to put it bluntly bad credit you are definitely considered "High Risk".

So what is a business to do when they can't make the grade of a traditional bank or "Low Risk Only" credit card processor? Well, fortunately you do have a few options. One way I have gotten around not even having a merchant account is use services like PayPal.com and Google Checkout. Both services don't care if you are "High Risk" or not, all they want to is a verification of who you are and what you are selling. You can be up and running in minutes with any one of these services. PayPal.com happens to be my favorite and I have been a verified merchant of theirs for the past seven years.

Now their is also and answer for all you that want to step out there and go the extra mile and get a traditional merchant account. There places to go even if you are considered a "High Risk" business. Advantage Processors.com and Easycharge.net two places you can at least start. So don't stagnate your business by not accepting credit cards. Give one of these services a try and take your business 2 The Next Level.

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