Maximising Merchant Accounts in High-Risk Industries

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10 Minutes


Guide 2


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. This is to the benefit of ban
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