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Old 04-05-2007, 02:58 PM   #1 (permalink)
ltjman22
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Default Question about merchant accounts!
What is a high risk merchant account I keep hearing about all over the web? Is this a merchant account that has fraud involved in it?
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Old 04-06-2007, 10:16 AM   #2 (permalink)
CardinalCommerce
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High risk merchant accounts are accounts that the associations (visa/MC) feel are more prone to fraud. These are usually designated by SIC or MCC code.

These typically are businesses involved with adult, gaming, gambling, quasi-cash, and prepaid.
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Old 04-16-2007, 07:32 PM   #3 (permalink)
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Thanks for the info, that really cleared it up for me! it's nice just to have someone explain something rather that just google it?
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