What To Do If You’ve Lost Your Chase Merchant Account Article by: Highrisk Solutions If you’re a business owner, you understand the importance of maintaining a long lasting merchant account. If something were to go wrong and your account were to be invalidated, you would find yourself in a very complicated dilemma. Your company would not be able to accept payments and this would result in great losses. This can be incredibly scary, but there is help out there. Take a step back, calm yourself and know that we’re here to help. Identifying The Problem First and foremost, you should attempt to identify the problem. We realize that a lot of merchants will be labeled as high-risk. This automatically puts you in a more complex battle. Although the battle will be uphill, it is not one that cannot be won. Below, you’ll find a list of merchants, which are commonly labeled high-risk.
Internet and e-commerce businesses Travel and cruise companies Online auctions Those offering memberships to clubs Nutraceutical Telemarketing E-cigarettes Offshore Processing Multi-Level Marketing
Again, proving that your company is worthwhile and trustworthy will not be impossible, but it will be more complicated on your own. The First Step With our assistance, you will begin by proving your company’s worth and reliability. The first step is to find a reliable merchant to build a lasting relationship with. Traditional banks such as a Chase merchant account may not be willing to take on certain verticals or e-commerce businesses. We have relationships with many different banks and can evaluate your situation to place you with the best provider for your needs. We pride ourselves on our lasting relationships with our clients and allowing them to grow their business to the next level. Acknowledging Your Past