How to start High Risk Merchant Accounts for Online Jewelry Stores?Posted by Daniel Brain on December 29th, 2017 Merchant Stronghold High Risk Merchant Accounts Provider in 2015, and 2016, Merchant Stronghold is focused on providing simple and affordable merchant accounts for the cosmetic and fine jewelry industry. Online Jewelry stores are always being denied for Merchant accounts. Banks and processors deem this industry as a high risk, and many will not support online jewelers because of that. Be that as it may, there is no unenthusiastic to be disheartened, Limitless can help to enable organizations to get approval on a high risk merchant account for online jewelry stores. There are a couple of reasons organizations in this industry are being tagged a high risk business. Online jewelry stores regularly offer high ticket things and have large and vast transaction sizes, which are measured a risk excessive number of banks. It is also an industry that has a higher percentage of fraud, regardless of whether it is by the merchant or the customer. There are numerous merchants selling fake or bogus jewelry and there are also fraudulent customers who claim that the jewelry is fake, defective, or that they never received it. Banks do not want to support or sponsor businesses in an industry that has a background marked by chargebacks that regularly can’t be secured by the organizations themselves. While these reasons make it harder for online specialists’ jewelers to get accepted by processors, it is long from impossible. limitless can get your online jewelry store up and process quickly. We have helped many high risk merchants get accounts approved and can coordinate you with the appropriate processor that has some expertise in online jewelry merchants. Immeasurable is 100% committed to getting your high risk merchant account approved, and we will work with you consistently. We specialize complicated cases like this, so we are able to get you approved in a matter of seconds. If you are an online jewelry business looking to get approved for a high risk merchant account, call us at Like it? Share it! More by this author |