| Term | Definition |
|---|---|
| High-Risk Merchant |
A high-risk merchant is one that has been judged by a processor or bank to present an increased level of risk for chargebacks and fraud. This may be because the merchant operates in a high-risk industry, sells products or services that experience a high level of chargebacks, or is prone to fraudulent transactions. High-risk merchants pay higher payment processing fees and are often unable to open a merchant account with many providers. Read more >>> |
