High Risk Merchant Account

High Risk Merchant Accounts are created specifically for companies engaged in activities that are typically considered 'High Risk' , and therefore have difficulty opening a regular merchant account. Because of Healy Consultants' strong relationship with a leading Asian high risk merchant account provider, an increasing number of our clients are now able to open a high risk merchant account. A high risk merchant account may be a suitable if:
1.
The merchant carries out activities classed by credit card processing companies as high risk, including online casinos or gambling activities; businesses involving digital cash and e-wallets; adult content; online tobacco sales; counterfeit products; online travel agencies and online pharmacies. Note however that there are restrictions on opening a high risk merchant account if activities are illegal or offensive to public order and morals.
2.
The merchant's business is not registered.
3.
Credit card processing companies have blacklisted the merchant or if the merchant does not have a stable credit history.
4.
The merchant processes either large sales volumes thus enhancing their risk, or small volumes which would make a merchant account ineffective given the need for fraud screening softwares.
Contact Us
For more information on a high risk merchant account, email email@healyconsultants.com or telephone us at (+65) 6735 0120.


Buy the Singapore chapter of Healy Consultants' Asia Business Set Up book for US$100, to order call +65 6735 0120 or e-mail email@healyconsultants.com

 

 

 

 

 

 

 

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