High Risk Merchant Accounts

Some people think that “high risk” applies to “vice” businesses – things like alcohol, firearms, and adult entertainment. While those often are high risk, they aren’t the only ones, and the reasons why have little do with processors’ opinions on the business. In this article, we’ll talk about industries that are considered high risk and …

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Credit Card Processing Restrictions on Marijuana Businesses

That’s because while recreational marijuana is now available for sale through dispensaries in multiple states, it’s not legal on the federal level. In fact, the federal government lists it as a Schedule I drug, considered as dangerous as heroin. In 2016, Alaska, California, Maine, Massachusetts, and Nevada voted to legalize recreational marijuana. While medical marijuana …

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