Kratom Merchant Accounts: What You Need to Know

Some credit card processors simply lump kratom with marijuana and refuse to provide merchant accounts for either substance. Others are willing to provide merchant accounts for kratom, but you can expect to go through a lengthier approval process and pay fees that reflect kratom’s high risk processing status. What is “high risk” processing? High risk …

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Credit Card Processing for Pharmaceuticals

If you’re running a business that sells a medication, product, or supplement that makes a health claim or treats an illness, you’re in ‘pharmaceuticals.’ In this explanation of high risk merchant accounts for pharmaceuticals, we’ll explain the various categories involved and help you determine the right credit card processing solution for your business. Why are …

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Credit Card Processing for Gambling and Fantasy Sports

The rise of fantasy sports adds another layer of complexity, as lawmakers and fantasy sports businesses argue over whether the activity is truly “gambling.” However, if you run a casino, online gambling site, or fantasy sports site, be aware that you’ll be considered “high risk” when it comes to credit card processing. High Risk Merchant …

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Credit Card Processing for Tech Support Businesses

Fortunately, legitimate tech support businesses can still secure merchant accounts to accept credit cards. You’ll just need to work with a “high risk” credit card processor that permits tech support businesses. Types of Tech Support For the purposes of credit card processing, tech support generally refers to any business that offers assistance with computers or …

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