Understanding B2B High-risk Merchant Accounts

When you’re in the business of high risk, the last thing you want to do is spend unnecessary time researching your merchant account provider. This is especially true if you’re a new company and don’t yet have a solid customer base.

A B2B high-risk account is one that has a greater chance of chargebacks or fraud. This type of business accepts payments from other companies as opposed to individuals.

Here’s everything you should know:

B2B versus B2C Merchant Accounts

The main differences between B2B and B2C merchant accounts are:

●       Chargebacks

B2B merchants have higher chargeback rates than B2C merchants because they’re dealing with larger transactions and more frequent disputes over products and services they’ve sold to other businesses.

High-risk merchants may also have more fraudster customers who try to steal their payment processing accounts by filing false chargebacks against them.

●       Fees

The fees associated with accepting payments are … Read more