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Intuit’s QuickBooks is a popular choice for business accounting, but if you accept credit cards through Intuit merchant services, you’re well aware that it comes with high costs. What you may not know is that you can use a lower cost processing option and still automatically input your sales data into QuickBooks.
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Pharmaceuticals, nutraceuticals, and the more nebulous “pseudo-pharmaceuticals” are all considered high-risk sales in credit card processing. That means a different approach to securing a processor.
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When most people think of “high risk” credit card processing, they think of gambling, firearms, tobacco, and similar industries. But travel agencies also typically fall under “high risk.”
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Gambling of any form has a murky history in the United States. Legal in some locations and not in others, it creates a challenge for credit card processors.
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Learn how to navigate the credit card processing maze to secure the most competitive pricing and solution for your dental practice.
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Some people are surprised that tech support businesses are considered high risk. But when you factor in the ease of scamming consumers, high chargebacks, and over-the-phone or internet transactions, it makes more sense.
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Vape shops and traditional tobacco smoke shops often run into challenges when applying for merchant accounts.
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Adult entertainment and services are considered “high risk” in credit card processing, but that doesn’t mean that you don’t have options.
