Although there are a number of cryptocurrencies–such as Bitcoin–that could be used, but these payment methods are so specialized that you will greatly limit your customer base. The only practical alternative is to get approved for a merchant account. Fortunately, we approve 95 percent of so-called “high-risk” accounts.
We offer full-service credit card processing so that you can receive payments from anyone, and people can pay with ordinary credit and debit cards. There are, of course, some requirements.
You’ll need official government-issued identification, credit processing statements if you have them, bank account statements, Social Security number or EIN, information about your business and proof of ownership.
We approve most applications, but you could get in trouble if your chargeback rates become too high. That’s why we offer turnkey advice about providing a high level of customer service to prevent chargebacks.
You should also monitor product deliveries, send email receipts for each order and generally follow the best practices of digital marketing and sales.