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High Risk Processing

There are a many reasons that a credit card processing transaction may be classified as “high-risk”, and at My Seven Point Solutions, we have dealt with all of these situations and have become experts in the the business. Fortunately, with just one simple call our skilled representatives can evaluate your business and risk level in minutes to match you with the perfect merchant account. We provide you with an affordable solution that will keep your business on the cutting-edge, and competitive.

Don’t let the term high risk scare you, it simply means that your business doesn’t conform to the credit policies of tier one, conventional banks. We know just how difficult it can be to find a convenient credit card processor. Regardless of your line of business, My Seven Point Solutions makes it possible for your customers to complete their credit card transactions in a safe, secure way… which means more profit for your business.

My Seven Point Solutions offers state-of-the-art POS systems, terminals, mobile swipers, virtual terminals, chargeback prevention tools and gateways. Depending on how your business needs to accept payment we have the solution. We can help you integrate E-commerce into your business and we can integrate with just about every website and platform with Authorize.net.

Whether you are currently processing or need to setup a new merchant account for your high risk business, we are here to help. If you are currently processing with another company, or have been recently shut down, let us help you get up and running. Simply send us your most recent processing statements and our underwriters will conduct a free cost comparison analysis and show you the savings. For new accounts our application process is short and simple. We have long established relationships with many high risk banks so we are able to get your application approved when others can’t. At My Seven Point Solutions, our consultants are some of the most experienced high risk professionals in the merchant processing industry.

High Risk Industries

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Gentlemen’s Clubs

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Gun Sales

Low Risk Processing

My Seven Point Solutions offer low risk processing solutions, with first class customer support. We’ve been servicing e-commerce and point-of-sale (POS) merchants since 2002.

Through our wide range of bank partners, My Seven Point Solutions delivers custom payment processing solutions that can have your business accepting credit card payments within days.

In the world of payment processing, there are low risk merchants, medium risk merchants, and high risk merchants. Risk level is determined by several factors: industry type, processing history, country of incorporation and more. To qualify for low risk merchant accounts, your business will fit the following description:

  • You process less than $20,000 per month
  • Your average ticket size is less than $50
  • Zero to low chargeback ratio
  • You operate within a low risk industry
  • You are incorporated in a low risk country

Additionally, 80-85 percent of transactions are card present as opposed to online or card not present fit the low risk description, such as a storefront business that also operates an e-commerce site. Moreover, healthy processing history goes a long way in securing low risk merchant services as does a high credit score (750 and higher).

If the merchant, however, falls outside of the description of any of the aforementioned criteria, their risk level rises.

Low Risk Industries

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Boutiques

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Liquor Stores