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Can a high risk merchant survivor without a provider?

 
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ShannonD
New Merchant


Joined: 23 May 2022
Posts: 4

PostPosted: Fri Sep 14, 2022 12:33 am    Post subject: Can a high risk merchant survivor without a provider? Reply with quote

Can a high risk merchant survive without a provider? Is it really necessary to acquire a third party processor or get the help of high risk merchant account provider a default for those who wish set up business like digital downloads and dating websites? Or is there an alternative?
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stymiee
Site Administrator


Joined: 08 Jan 2021
Posts: 59

PostPosted: Mon Sep 17, 2022 9:31 am    Post subject: Reply with quote

Unfortunately due to the inherent risk associated with these kinds of accounts regular providers can't offer their services at competitive rates because they almost certainly would suffer loses due to chargebacks and fraud. That's why these kinds of businesses are forced to seek providers who charge premiums for their services.
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