Businesses in what are considered “high-risk” industries can have a hard time finding a credit card processor or merchant account provider to handle their payments — and when they do find one, they ...

St. Petersburg, Florid, July 15, 2024 (GLOBE NEWSWIRE) -- PayKings, a payment processing service, has introduced products aimed at businesses needing assistance to obtain standard merchant accounts.

For some processors, opportunity can abound among high-risk merchants shunned by acquirers that fear the potential losses. But losses can also abound if these relationships are not well-supervised, ...

The Federal Deposit Insurance Corp. this week removed its list of high-risk merchant categories from guidance and informational articles related to third-party payment processors. See Also: Digital ...

With a powerful growth engine, today's digital marketplace presents acquirers with the critical challenge of managing high-risk merchants. Success in this arena hinges on a dynamic and adaptable ...

It can be a delicate balancing act for acquirers, but it remains the case that the ones that perform proper due diligence can thrive. Whether it is the sale of subscription-based services, ...

Merchant Category Codes (MCCs) are four-digit numeric codes assigned by credit card networks, including Visa, Mastercard, American Express, and Discover. These codes classify businesses based on the ...