A “High-Risk” Business Needs a High Quality Credit Card Processor

Is your business considered high-risk? You may be surprised to discover that, to some merchant processing providers, it falls into that category.

You would expect to find online gaming, adult entertainment, bail bonding and debt collection under that classification. But credit card processors also contend that other businesses have experienced higher-than-average incidents of chargebacks, fraud investigations and refund rates. That list includes law firms, consumer electronics, and life coaching.

Sometimes it’s not even a matter of the products or services you provide. If your business is cyclical, or relies on subscription-based sales, you may find yourself in a category where credit card processors are wary over the volatility of your revenue.

At Cliq, high-risk is not a deal-breaker.

Our approach is to get to know your business and the people behind it. As a merchant services provider we want to help your company succeed, and to go beyond the typical services offered by other companies.

Does “high-risk” automatically mean higher rates for your merchant account, plus higher setup fees, payment gateway fees, and chargeback fees that will impact your monthly sales figures? Not necessarily.

Your business is unique. So we’ll discuss your options, and all of the factors involved with your credit card processing needs. If there are risk factors we’ll work with you to mitigate them when possible, so a rolling reserve or minimum reserve may not be required in every case. We’ll also offer suggestions on how you can reduce chargebacks, such as better communication with your customers about your return and refund policy.

The Cliq difference

We work with a wide range of industries, including those that are seasonal, such as camps. As your company’s needs change we’ll change with them, providing the solutions you need to keep growing and prospering.

Let’s talk about your needs, and how we can help