What is considered high risk business?

[nastathin]

Need to know what business is considered high risk bussiness?

 

[JohnLocke]

Adult, Replica, Pharmacy and Gaming business is considered as high risk business! there are many more..

 

[nastathin]

So I can't apply for merchant account with Replica business? Who can process replica please advise:s-confused: I have already applied with psbill and gspay both declined..

 

[JohnLocke]

There may be other processors around what about Failsafe Payments - your reliable partner. Merchant credit card processig have you tried them?

 

[PainlessProcess]

There are several classifications for high risk businesses. It can be based on questionable products such as e-cigs, supplements, or enhancement products. High-Volumes of transactions or high dollar transactions. Risk Free, Free-Trail, Risk Free Trial, Negative Option and other continuity business models. Products and services with high rates of chargebacks such as adult, debt collections, private investigations... and the list goes on. Your classification is based on the industry or product you sell and the business model you run. Replica businesses can get approved, it depends on the history of the principal(s) involved...

 

[Alnitech]

I suppose almost every business may be considered as risky ecpesially when it is connected not with production but with reselling.