What are High Risk Merchant Industries?
Common High-Risk Industries Any business with bad personal or business credit scores, a high chargeback history, a startup, or high frequency or high average tickets can be at high risk. On an individual basis, the majority of high-risk businesses are among such by the industry they operate in. Some examples of high-risk industries include Document Preparation - Downloadable Software Educational Software Electronics Business Extended Warranties Financial Aid Consulting Financial Services Fine & Cosmetic Jewelry Insurance Providers Magazine Subscriptions Air & Water Filtration Antiques & Collectables Apparel Sales Auto Parts & Accessories Auto Transport Businesses with Bad Credit Beer, Wine & Liquor Sales Computer Hardware Debt Consolidation Discount Buying Service Risk factors that make a business HIGH RISK You have lost your previous merchant account due to high chargeback ratio. Questionable sales and marketin...