Maximising Merchant Accounts in High-Risk Industries
Read time
10 Minutes
Category
Guide 2
Introduction
A high-risk merchant account is provided to businesses who are:
Seeking to facilitate credit and debit card transactions and therefore need a merchant account.
Whose business operations exceed security parameters set for an aggregate merchant account.
Upon establishing a business with a merchant account, the merchant is assigned a MID or MCC (Merchant Category Code), to help designate their services into risk categories.
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