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High Risk Credit Card Processing Blog Posts

By First American Merchant

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When All You Need Is An Offshore Merchant Account

Do you need an offshore merchant account? Do you think working offshore can be tricky? How to open this type of merchant account without challenges and with the best possible terms? Just read this article and you’ll get answers to your questions. What Is an Offshore Merchant Account? An offshore merchant account is also called an international merchant account or “off shore” merchant account. This is an option for payment processing. It’s available to merchants with high risk businesses, a history of chargebacks or fraud, or bad credit. Thanks to offshore credit card processing, merchants who can’t be approved for […]

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High-Risk Merchant Account Solutions for Credit Repair Businesses

Everything is high-risk about a credit repair businesses, from its name to the nature of activity it gets involved with. So don’t get shocked if your credit repair merchant account gets terminated or your request to secure one gets rejected. Nevertheless, FAM is now here to assist credit repairing businesses survive and flourish by helping them open accounts and install credit and debit card payment processing solutions. And with our improving economy, you expect to see more Americans look for long-lasting remedies to their financial problems. What’s the Right Merchant Account for Your Risky Business? The features of the high-risk […]

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Small Business Owner | High Risk Merchant Account Options

Struggling to find the merchant account services you need? If you’ve been turned away by the bank – or multiple banks – it’s time to consider what a high-risk provider can offer you. For the “high-risk” business, small business funding and payment processing services continue to be difficult to find. A high-risk provider offers safe and secure options, regardless of the risks involved with a business type or industry. First American Merchant, for example, is a full-service provider. Meaning, their team of professionals have years of experience helping “hard-to-approve” merchants secure all the services they need to operate smoothly and […]

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Automotive Payment Processing Solutions

More and more entrepreneurs are turning to alternative lenders like First American Merchant for their payment processing needs. Why? Industries like automotive are considered to be high risk by banks and other traditional providers. At first glance, running an auto shop seems to be straightforward. However, the day-to-day operations of an auto shop are incredibly diverse. Large average ticket sizes for repairs and parts are typical for this industry. Unfortunately, this also leads to fund holds or overwhelming chargeback rates. As a result, banks consider these businesses too risky and turn them away. Without a merchant account, businesses are unable […]

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Alternatives to High Risk Business Loans for the Small Business Owner

Some industries are considered to be riskier than others. For these businesses, funding options becoming seriously limited. In an effort to secure the capital they require to operate smoothly and cover expenses, many turn to high risk business loans. The problem with trying to secure a small business loan with a bank is that traditional lenders are unwilling to work with risky industries or those struggling with a bad credit history. Even if they do offer specialized business loans, you can expect to experience long wait times for approval, hefty collateral requirements and extensive documentation requests. As a result, startups […]

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Your Merchant Service Provider is The Reliable Business Partner You Never Knew You Had

As a businessperson looking to set up a card payment service, you might view your account provider as only a vendor that provides business solutions and charges a fee. But these companies are more than just payment processors. Both the merchant and the provider shake hands with the same goal in mind: to realize more credit card purchases. For the payment service company to be successful, the merchant has to be successful. This shared focus means that both sides have to work together. A merchant account relationship is, therefore, built on more than just a signed document. It is a […]

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The Importance of PCI Compliance To Business

The widespread acceptance of credit cards as a primary method of making payments has brought benefits to merchants and customers alike. However, cases of identity theft, fraud and data breaches remain a significant concern among industry players. Consequently, the recent years have seen the tightening of PCI DDS rules to ensure the security of credit card transactions. What is PCI DDS? Payment Card Industry Data Security Standard is a set of regulations that govern how all businesses should accept, process and transmit credit card information to maintain a secure business environment for all. Any organization that handles any card data […]

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Successfully Getting Through Your Merchant Account Provider’s Underwriting Process

To many traders, the idea of acquiring a merchant account will sound pleasant until they get to the underwriting process. Despite the global acceptance of credit cards as a payment method, retailers are often hesitant to open an account because of the lengthy vetting process that banks and other merchant services providers conduct to determine whether or not to give a business the account. Underwriting is, therefore, a concern for many new business owners. Nonetheless, we’ve highlighted a few tips to help prepare and increase your chances of getting approved. What the process entails When applying for a merchant account, […]

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Getting A Business Loan From An Alternative Online Lender

Getting business funding requires some planning. It is important to gather the required information and documents ahead of time. This will help you go through the whole process easily. Alternative online lenders are a great option to apply for business funding. They offer fast approval and ease of application process, and are increasingly becoming more and more popular. Generally, you’ll be required to provide only 3 or 4 documents. The whole process will take minutes instead of days, and you’ll be able to get your funding in some 24 hours. It’s critical to turn to a reputable business loan provider […]

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Staying In Business Is Not Easy But a Merchant Account Can Help

It is not easy to make it as an entrepreneur. It was even more difficult to start a business 20 years ago. Modern technology has made it easier to start, however, staying in business is still tough. Technology and Pace Today, the pace is quicker than 20 years ago. Social media has made everything easier and, simultaneously, more difficult. It is all about attitude and hard work, sacrifice and willing to pay the price. Don’t be afraid to fail; if you haven’t failed, you haven’t lived. Technology is developing with rapid advances. You start competing on a global scale and […]

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