Problems are inevitable in a high risk business' setting. You could see below what are the businesses that are considered high risk:
●High volume
●Online Pharmacy
●Online Gambling
●Travel
●Adult Website
●Telemarketing
●Dating Service
●Escort Service
●Lottery Ticket
●Multilevel marketing
They are labeled as high risk because of their reputation of having high returns of chargebacks and as fly-by night businesses. The owners encounters dark and difficult times just to get merchant accounts to be able to accept payments that will keep the business blood flowing. In the long run, they either end up with a high risk merchant account or an offshore merchant account.
Read the whole article to be enlightened:
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