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 […]
In credit card processing, certain businesses are considered “high risk” and will need a processor that specifically supports those business types. But there’s some confusion about what exactly “high risk” means.