Request a Call

Why Dual Payments is the Best Choice for Your Business: A Comprehensive Guide

Search

Why Dual Payments is the Best Choice for Your Business: A Comprehensive Guide

In the competitive landscape of payment processing, businesses in the United States are faced with a myriad of options. However, not all payment processors are created equal. Dual Payments emerges as a superior choice for businesses of all sizes, offering unparalleled service, competitive pricing, and cutting-edge technology. This article delves deep into why Dual Payments is the best option for your business, providing a detailed analysis that spans over 5000 words. Whether you’re a small business owner or a large enterprise, this guide will help you understand why Dual Payments should be your go-to payment processor.

1. Introduction

Choosing the right payment processor is a critical decision for any business. The right partner can streamline operations, enhance customer experience, and ultimately contribute to your bottom line. Dual Payments stands out in the crowded market by offering a unique combination of exceptional customer support, transparent pricing, advanced technology, and tailored solutions. This article will explore each of these aspects in detail, providing you with a comprehensive understanding of why Dual Payments is the best choice for your business.

2. Exceptional Customer Support

24/7 Support

One of the most significant advantages of Dual Payments is our commitment to providing outstanding customer support. Payment processing is a critical component of any business, and issues need to be resolved quickly and efficiently. At Dual Payments, we prioritize your satisfaction by offering 24/7 support. Our team is available around the clock to assist you with any questions or concerns, ensuring that your business operations run smoothly at all times.

Dedicated Account Managers

In addition to round-the-clock support, Dual Payments offers dedicated account managers who provide personalized service tailored to your business’s unique needs. These experts understand the intricacies of your industry and are committed to helping you navigate the complexities of payment processing. Whether you need assistance with setting up your account, troubleshooting issues, or optimizing your payment processes, our account managers are here to help.

Proactive Problem Solving

At Dual Payments, we don’t just wait for problems to arise—our team actively monitors your account to ensure smooth operations. This proactive approach allows us to identify and address potential issues before they impact your business. By staying ahead of the curve, we help you avoid downtime and maintain a seamless payment processing experience.

Comparison with Competitors

Many other payment processors fall short in the area of customer support, offering limited support hours or impersonal call centers. With Dual Payments, you can rest assured that help is always just a call or email away. Our commitment to exceptional customer support sets us apart from the competition and ensures that your business is always in good hands.

3. Competitive and Transparent Pricing

No Hidden Fees

Hidden fees and confusing pricing structures are common complaints about many payment processors. At Dual Payments, we believe in transparency. Our straightforward pricing ensures you know exactly what you’re paying for, with no surprises. Say goodbye to unexpected charges on your monthly statement and enjoy the peace of mind that comes with knowing exactly where your money is going.

Customizable Plans

We understand that every business is unique, which is why we offer customizable pricing plans that fit your business model and transaction volume. Whether you’re a small business with low transaction volumes or a large enterprise with high transaction volumes, we have a plan that’s right for you. Our flexible pricing options allow you to choose a plan that aligns with your business needs and budget.

Interchange Optimization

Dual Payments goes a step further by helping you qualify for the lowest possible interchange rates, saving you money on every transaction. Interchange fees are a significant component of payment processing costs, and our team works diligently to ensure that you receive the best rates available. By optimizing your interchange fees, we help you keep more of your hard-earned revenue—a distinct advantage over competitors.

Cost-Effective Pricing

By offering cost-effective pricing, Dual Payments enables you to maximize your profitability. Our transparent and competitive pricing structure ensures that you get the best value for your money, making us the clear choice for businesses looking to reduce their payment processing costs.

4. Advanced Technology and Features

Secure Payment Processing

In today’s digital age, security is paramount. Dual Payments equips businesses with advanced security measures designed to protect your business and your customers. Our secure payment processing solutions include encryption and fraud detection, ensuring that your transactions are safe and secure. With Dual Payments, you can rest easy knowing that your sensitive data is protected from potential threats.

Flexible Payment Options

Dual Payments offers flexible payment options that allow you to accept payments through multiple channels, including in-store, online, and mobile. This flexibility ensures that you can meet your customers wherever they are, providing them with a seamless payment experience. Whether you’re running a brick-and-mortar store, an e-commerce platform, or a mobile business, Dual Payments has you covered.

Innovative Solutions

We are committed to staying ahead of the curve by embracing modern payment methods. Dual Payments offers innovative solutions such as contactless payments, digital wallets, and cryptocurrency. These cutting-edge payment options not only enhance the customer experience but also position your business as a forward-thinking leader in your industry.

User-Friendly Platform

Our platform is designed with simplicity and efficiency in mind, ensuring a smooth experience for both you and your customers. The user-friendly interface makes it easy to navigate and manage your payment processing, while our robust reporting tools provide valuable insights into your business operations. With Dual Payments, you can streamline your payment processes and focus on what you do best—running your business.

Integration with Existing Systems

Dual Payments’ platform is designed to integrate seamlessly with your existing systems, ensuring a smooth transition and minimal disruption to your business operations. Whether you’re using a point-of-sale (POS) system, an e-commerce platform, or a custom-built solution, our team will work with you to ensure a seamless integration.

5. Tailored Solutions for Every Industry

Retail

For retail businesses, Dual Payments offers intuitive systems and robust reporting tools that streamline point-of-sale transactions. Our solutions are designed to enhance the customer experience, reduce checkout times, and provide valuable insights into your sales performance. With Dual Payments, you can optimize your retail operations and drive growth.

E-Commerce

E-commerce businesses can benefit from Dual Payments’ seamless payment gateways and advanced fraud prevention features. Our solutions are designed to enhance your online store, providing a secure and seamless payment experience for your customers. With Dual Payments, you can reduce cart abandonment rates, increase conversion rates, and grow your online sales.

Hospitality

The hospitality industry has unique payment processing needs, and Dual Payments is here to meet them. Our solutions simplify payment processing for hotels, restaurants, and other hospitality businesses with features like split payments and tipping options. With Dual Payments, you can enhance the customer experience and streamline your payment processes.

Healthcare

For businesses in the healthcare sector, Dual Payments offers HIPAA-compliant solutions that ensure the secure and efficient management of patient payments. Our healthcare-specific solutions are designed to meet the unique needs of the industry, providing a secure and seamless payment experience for both you and your patients.

Customized Solutions

No two businesses are alike, and a one-size-fits-all approach to payment processing simply doesn’t work. Dual Payments takes the time to understand your industry and provides customized solutions to meet your specific needs. Our ability to adapt to different industries is a significant advantage over competitors who offer generic, inflexible solutions.

6. A Proven Track Record of Reliability

High Uptime Rates

Downtime in payment processing can be costly, both financially and in terms of customer trust. Dual Payments is committed to providing reliable service you can count on. Our robust infrastructure ensures that your payment processing system is always operational, with high uptime rates that minimize the risk of downtime.

Real-Time Monitoring

We continuously monitor our systems to identify and address potential issues before they impact your business. Our real-time monitoring capabilities allow us to stay ahead of potential problems, ensuring that your payment processing system runs smoothly at all times.

Disaster Recovery Plans

In the unlikely event of a disruption, Dual Payments’ disaster recovery plans ensure minimal downtime. Our recovery protocols are designed to get your payment processing system back up and running as quickly as possible, minimizing the impact on your business operations.

Comparison with Competitors

Many other payment processors struggle with reliability issues, but Dual Payments has built a reputation for dependability that you can trust. Our commitment to reliability ensures that your business operations run smoothly, allowing you to focus on what you do best—serving your customers.

7. A Partner in Your Growth

Scalable Solutions

As your business grows, your payment processing needs will evolve. Dual Payments offers scalable solutions that can grow with your business, ensuring that you always have the right tools and resources to meet your needs. Whether you’re a small business looking to expand or a large enterprise with complex payment processing needs, Dual Payments has you covered.

Actionable Insights

Dual Payments provides valuable analytics tools that help you make data-driven decisions and optimize your operations. Our reporting tools offer insights into your sales performance, customer behavior, and payment processing trends, allowing you to identify opportunities for growth and improvement.

Educational Resources

In addition to our advanced technology and tools, Dual Payments offers a wealth of educational resources to help you get the most out of our platform. From tutorials and guides to webinars and training sessions, we provide the resources you need to succeed. Our commitment to education ensures that you have the knowledge and skills to optimize your payment processing and drive growth.

A True Partner

Other payment processors may view you as just another client, but at Dual Payments, we see you as a partner. Your success is our top priority, and we go above and beyond to help your business thrive. From personalized support to scalable solutions, we are committed to being a true partner in your growth.

8. Compliance and Security

PCI DSS Compliance

Navigating the complex world of payment regulations can be challenging, but Dual Payments makes it easy. Our systems adhere to the Payment Card Industry Data Security Standard (PCI DSS), ensuring that your sensitive data is protected. By prioritizing security and compliance, we help you avoid costly penalties and protect your reputation.

HIPAA Compliance

For businesses in the healthcare sector, Dual Payments offers HIPAA-compliant solutions that meet strict regulatory requirements. Our healthcare-specific solutions ensure the secure and efficient management of patient payments, providing peace of mind for both you and your patients.

Fraud Prevention Tools

Stay ahead of potential threats with Dual Payments’ advanced fraud detection and prevention features. Our tools are designed to identify and mitigate potential risks, ensuring that your business and your customers are protected from fraud. By prioritizing security, we help you maintain the trust and confidence of your customers.

A Commitment to Security

At Dual Payments, we understand that security is a top priority for businesses. That’s why we are committed to providing the highest level of security and compliance, ensuring that your payment processing is safe and secure. Our commitment to security sets us apart from the competition and ensures that your business is always protected.

9. A Commitment to Innovation

Next-Generation Payment Methods

The payment processing landscape is constantly evolving, and staying competitive means embracing change. Dual Payments is at the forefront of innovation, continuously investing in research and development to bring you next-generation payment methods. From biometric payments to blockchain technology, we’re always exploring new ways to enhance your payment processing experience.

Enhanced User Experience

Our platform is designed with simplicity and efficiency in mind, ensuring a smooth experience for both you and your customers. We are committed to providing a user-friendly interface that makes it easy to navigate and manage your payment processing. By prioritizing the user experience, we help you streamline your operations and enhance customer satisfaction.

Sustainable Practices

As part of our commitment to corporate responsibility, Dual Payments is exploring eco-friendly payment solutions and practices. We understand the importance of sustainability and are committed to reducing our environmental impact. By choosing Dual Payments, you can align your business with a payment processor that values sustainability and corporate responsibility.

Staying Ahead of the Curve

While other processors may be slow to adapt, Dual Payments is committed to keeping your business ahead of the curve. Our commitment to innovation ensures that you have access to the latest payment processing technologies and solutions, helping you stay competitive in a rapidly changing market.

10. Conclusion

Choosing the right payment processor is a critical decision for your business. Dual Payments offers a unique combination of exceptional customer support, transparent pricing, advanced technology, and tailored solutions that make us the best choice for businesses across the United States.

While other processors may promise similar features, Dual Payments delivers on those promises with a proven track record of reliability, innovation, and customer satisfaction. Whether you’re a small business owner or a large enterprise, our solutions are designed to help you succeed.

Make the switch to Dual Payments today and experience the difference. Let us show you why we’re the superior choice for your payment processing needs. Contact us to learn more or get started—we’re here to help your business thrive.

Share the Post:
Search

Download a Zero Fee Case Study

Learn more about how Zero Fee Processing has actually put money back in the pockets of a real-life business owner.

Related Posts

Card Fees by 4%
Dual Payments Insights

Slash Credit Card Fees by 4%: The 2024 Guide to Dual Pricing Merchant Accounts (For Beginners)

1. The $15k Secret: How Credit Card Fees Drain Small Businesses The average small business loses $10k–$15k annually to credit card fees (Forbes, 2023). For

[...]
Read More
restaurante
Dual Payments Insights

Why Bars and Restaurants Are Switching to Dual Pricing and Cash Discounting

In recent years, bars and restaurants have increasingly adopted dual pricing and cash discounting models to combat rising operational costs. With inflation at a 40-year

[...]
Read More
Save $18k Annually
Dual Payments Insights

Save $18k Annually: How Dual Pricing & Cash Discounts Transform Used Car Sales (Legally)

1. The $18k Secret: How Credit Card Fees Are Killing Used Car Profits The average used car dealership processes $1.2M/year in card payments, losing $36k–$48k

[...]
Read More
ahorro
Dual Payments Insights

Zero-Fee Processing: The Dental & Chiropractic Guide to Saving $18k/year & Boosting Profitability

1. The Hidden Cost Killing Dental & Chiropractic Profit Margins The average dental or chiropractic office loses $15k–$25k annually to credit card processing fees. With

[...]
Read More

Request A Call From A Dual Payments Representative

We know you’ve got questions. You could spend the day reading every word of our website, but you might find answers more quickly by just asking someone from our team. That’s what we’re here for!

Download a Zero Fee Case Study

Learn more about how Zero Fee Processing has actually put money back in the pockets of a real-life business owner.

Don't have time to read it all right now?​

Download your free PDF of “The Complete Guide to Credit Card Processing“. Just give us your email and we’ll send it to you right away!

Example of High Risk Merchants

  • 1-900 Phone companies – If you’re the type of company that charges people to have a chat on the phone, you’ll be considered high risk.
  • Adult Bookstores – Clearly a part of the adult entertainment industry, and an easy mark for the high risk tag.
  • Adult Entertainment – Any business labeled with the “adult” descriptor will automatically be assigned a high risk status.
  • Adult Toys – As “adult” is in the name, it’s an easy target for association with the adult entertainment market.
  • Airline Industry – Due to cancellations on high ticket purchases, this will put your airline company in the high risk category
  • Amazon Stores – By having a high rate of return, Amazon stores are seen as high risk.
  • Ammo Sales – Association with the weapons industry guarantees high risk status.
  • Annual Contracts – Any time an annual contract is involved it can be considered highrisk because most consumers forget they signed up and chance of chargeback can be high.
  • Antiques – With a high average ticket per item, antiques are considered a risky merchant type.
  • Astrology – The study of the celestial bodies and the influence on human affairs can be a chargeback target if customers feel like they aren’t getting the answers they want.
  • Auctions – Because of the nature of bidding on a product and not having a set price the risk level goes up.
  • Autographed Collectables – There is almost always a question as to whether an autograph is authentic, and therefore chargebacks are much higher in this industry.
  • Automotive Brokers – Brokers of automobiles have a very high average ticket are are therefore of higher risk.
  • Bankruptcy Attorneys – Since the people who are working with bankruptcy attorneys are usually in financial trouble, the odds that a payment would be charged back is higher.
  • Betting Services – In many states betting is illegal but for the legal states betting with a credit card has huge chargeback implications.
  • Brokering – When a third party is involved with selling a product the risk level goes up ten fold.
  • Business Loans (Merchant Cash Advances) – Loaning money is always risky, but with business loans and startup lending, high risk is present by the nature of the business.
  • Casino – Just like a betting service, if a customer gambles with their credit card the chargeback rate sky rockets.
  • CBD Products – CBD itself poses high chargebacks because of the legitimacy of the product and the health benefits promised.
  • CBD E commerce – CBD E Commerce has twice the charge back of retail CBD because many consumers don’t feel like the product they receive gives them the benefits promised.
  • Check Cashing (Check Processing) – The level of fraud in check cashing and cash advances is what gives this industry a higher risk consideration.
  • Cigarettes – With higher levels of risk for theft and criminal activity, cigarette sales are deemed high risk.
  • Collection Agencies (Collection Agency) – Many banks see collections as an unsustainable business model that is many times unreliable.
  • Collectible Coins – A higher level of chargeback in this industry gives it a high risk tag.
  • Collectible Currency – Due to the level of inauthentic collectibles, the risk of chargebacks are much higher with collectibles.
  • Copyrighted eBooks – When someone sells something copyrighted without permission many legal issues can arise.
  • Coupon Programs – With many coupon programs the coupons expire and once they expire the consumer wants the money back they spend.
  • Credit Counseling – Due to their clients usually being in financial problems, this industry is fraught with non-payment and fraud.
  • Credit Protection – Most people that need credit protection are bad with money so chargebacks abound.
  • Credit Repair – If a consumer needs credit repair then chances are they are a high risk for chargebacks.
  • Currency Sales – Many businesses that exchange currency do it at incorrect rates hence more chargebacks.
  • Dating Services – Dating is a volatile industry, and is also lumped in with the adult entertainment industry, making it a high risk account.
  • Debt Collection Services – As the collection of debt isn’t always possible, this industry retains the tag of risky.
  • Debt Consolidation Services (Debt Consolidators) – Consolidating debt is a challenging business and as debt is usually the problem, it’s seen as unsecure from a payment perspective.
  • Debt Repair Services – Since the clients of debt repair services are usually having financial challenges, it makes this industry seem a higher risk.
  • Discount Health Programs – Many people don’t feel they are really getting a discount so they try to get their money back and if they don’t the chargebacks sky rocket.
  • Discount Medical Care Programs – Just like the discount health programs if they don’t save the consumer wants their money back.
  • Drug Paraphernalia – Anything that is associated with the drug trade is considered high risk. Offshore merchant accounts are commonly used for this type of business.
  • E Commerce – As the source of the payment is unverifiable at the point of sale, any transaction without the card present has a higher risk of credit card fraud.
  • Ebay Stores – Many people sell items that aren’t as described so chargebacks can be an issue.
  • Electronic cigarettes – much like traditional cigarettes, e-cigarette sales are also deemed high risk.
  • Electronics – This industry has a much higher ticket compared with many other businesses. A chargeback for a $3,000 tv or two and your account can be in jeopardy rather quickly.
  • Escort Services – This is deemed a part of the adult entertainment industry and therefore needs a high risk merchant account and payment solution.
  • Event Ticket Brokers – If a customer buys a ticket and doesn’t use it they feel like they can charge the transaction back.
  • Extended Warranty Companies – Warranties are rarely used so people try to charge back the money that has been spent paying for them.
  • Federal Firearms License Dealers – Any organization associated with guns or firearms is automatically considered in this category.
  • Fantasy Sports Websites – Just like gambling, if a person starts to lose too often they try and charge back the transaction.
  • Finance Brokers – The entire financing industry is risky. By simply extending credit to other individuals, this business is betting that a majority of them will actually pay what they say they will.
  • Financial Advising/Consulting – The high risk tag on financial advisors isn’t about the advisors or their firm. It’s about the clientele and their current circumstances.
  • Financial Loan Modification Services – Due to a clientele in financial struggles, the high risk term is applied to any payments in this industry.
  • Financial Planning – Anything that includes risk for the consumer can have consumer implications with chargebacks.
  • Financial Strategy – Another risk and reward category, if money is lost, consumers try charging back making this a high risk industry.
  • Fortune Tellers – When a person doesn’t hear what they want to hear, or what is told doesn’t happen, the fortune teller can receive huge chargebacks.
  • Furniture Sellers – High risk only when its custom furniture.
  • Gambling – If money is lost the chargebacks rise.
  • Gaming – Chargeback levels skyrocket when consumers don’t win.
  • Get Rich Quick Programs – It’s rather common in this industry for an individual to purchase the training and then chargeback their purchase saying it didn’t deliver on what was promised.
  • Google Stores – With a high rate of return on their items, Google stores are considered high risk.
  • Gun Sales (Firearm Sales) – The gun and projectile industry is automatically associated with high risk credit card processing.
  • High Average Ticket Sales – With any high average ticket, just a couple of chargebacks can mean a massive shift in how risky the account is deemed by the processor.
  • Home/Vacation Rentals – Many issues with chargebacks can take place if the consumer decides not to travel.
  • Horoscopes – Many people believe this is hocum so will chargeback transactions.
  • How To Programs – A common practice in this industry is to purchase the program and charge it back with the description that it didn’t deliver what it promised.
  • Hypnotists – Many merchants will charge back these transactions if results they hoped for were not met.
  • Import/Export Business – Another example of taking goods over country borders which automatically brings in additional risk to any processing account.
  • Indirect Financial Consulting – When using a third party to consult, the high risk status gives the processor fraud protection.
  • International Cargo – Any time you introduce a multi-country element to credit card processing, the ability for fraud to be introduced skyrockets.
  • International Merchants operating in the US – Since the merchant isn’t operating from the United States, there are many unknowns about what is happening on the other side of their business, thus increasing the risk.
  • International Shipping – Transporting goods between countries is risky and introduces all sorts of elements to the financial stability of any transaction.
  • Investment Books – consumers get upset if the investor isn’t right which can lead to chargebacks.
  • Investment Firms – As investments are never a “sure thing” this is considered a risky industry for having a merchant account.
  • Investment Strategy – Anything with future promises can lead to chargeback.
  • Knife Sales – weapons of any kind are automatically given high risk status.
  • Kratom E Commerce – Accepting payments online is high risk, and Kratom is a substance in the health and wellness industry, which is also considered high risk.
  • Life Coaching – With no tangible goods involved in the transaction, life coaching is considered high risk.
  • Lingerie Businesses – Associated with the adult entertainment industry, chargebacks abound.
  • Lotteries – In most states you can buy lottery tickets with a credit card but if you’re allowed to and the ticket is not a winner, consumers try to chargeback the transactions.
  • Magazine Sales – Many magazine sales are recurring subscriptions, which can have issues with chargebacks.
  • Magazine Subscriptions – Same as magazine sales chargebacks can be huge when a recurring subscription happens. (often referred to as recurring billing.)
  • Mail Order Companies – When something is ordered through the mail chargeback risk can go up.
  • Marijuana Dispensaries – As marijuana isn’t a legal substance in every state, this is considered high risk due to the legality of the product. Cannabis credit card processing is available through Shift Processing.
  • Matchmaking Services – Another branch of the dating tree, and often associated with the adult entertainment industry.
  • Medical Devices – If a medical device doesn’t do what’s promised the purchaser may chargeback the transaction.
  • Membership Organizations – This is another instance of where the transactions don’t have any tangible product and are easily charged back to the merchant account.
  • Merchants on the MATCH list – If you are a merchant who has been reported to the MATCH list (Member Alert to Control High Risk Merchants) or the TMF (Terminated Merchant File) you are given high risk status.
  • Merchants with Poor Credit – Merchant accounts are given based on the credit score of the business owner. It’s assumed that the business owner is going to be making the financial decisions for the business, and a poor credit score reflects on the viability of any business transactions.
  • Modeling Agencies – At many agencies models are promised the world and it doesn’t happen. The consumer then wants their money back.
  • Movie Downloads – Transference of a digital product is considered of higher risk. Also, rarely is a physical card present at time of purchase.
  • Multilevel Marketing Sales – Often associated with pyramid schemes, MLM sales are considered a risky business.
  • Music Downloads – Purchasing any digital product is considered to be of higher risk than a physical transaction. Most of the time the card is not present in a digital transaction using a shopping cart.
  • Not A US Citizen Doing Business In The US – It’s possible to get a merchant account without a US social security number, but not having a SSN will increase the risk the processor will have in issuing a merchant account for your business.
  • Online Adult Membership Sites – If you’re running a website that is adult themed and requires payment for access, this is a highly volatile account and definitely high risk.
  • Offshore Corporations (Offshore Merchants) – The international element is what gives the high risk tag when looking for domestic merchant accounts.
  • Online Gambling (Online Gaming) – Without a card being present and gambling as the activity, there are two reasons why this would be on this list. Online payment alone is risky even without the gambling element.
  • Overseas Exporting Services – The introduction of the international element is what gains access to this list.
  • Pawn Shops – There’s a general stigma that goes along with pawn shops, and it’s reflected in their assignment to the high risk processors list.
  • Penny Auction Sites – Even though the customers are usually bidding at only a penny more per bid, users will commonly charge back the transaction when they don’t win.
  • Pepper Spray – Considered a type of weapon, pepper spray vendors are considered risky.
  • Points Programs – Points programs that cost money can cause chargeback issues if points are not used.
  • Pornographic Merchants – If you’re a part of the adult entertainment industry in any way, you’re considered high risk.
  • Precious Metals – Counterfeit metals can be a problem in this industry, making it more risky to accept payments for.
  • Prepaid Calling Cards – Anything prepaid that a consumer may not use increases chargeback issues.
  • Prepaid Debit Cards – When they expire or are lost consumers want their money back.
  • Psychic Services – “Honey, did you visit a psychic? No babe, I don’t remember visiting a psychic.” I’ll just reverse that charge then.
  • Real Estate – A common target for scams and identity theft is how real estate makes this list.
  • Replica Products (Watches, Handbags, Wallets, Sunglasses, Etc…) – As the product being sold isn’t authentic to the original manufacturer, the percentage of requests for refund is much higher than a traditional merchant.
  • Rewards Programs – If rewards are not spent, the consumer wants the money back.
  • Self-Defense – Since the payment provided is for instruction and not a physical product, the self-defense industry makes this list.
  • Self-Hypnosis Services – Yet another instance where the goods being transferred are of a service and not a physical product.
  • SEO Services – With a high rate of request for refund, SEO agencies make this list.
  • Social Networking Sites – Just like a dating site, if a consumer does not get what they want from it, they always like to chargeback.
  • Software Downloads – The software industry makes their way on to this list because of the digital nature of the goods being sold.
  • Sports Forecasting – An example of paying for information and not for a product, and usually not in person where the card would be present for the transaction.
  • Startups – Every startup is considered risky, and the percentage of startups that make it is quite small compared to the number that fail.
  • Student Loans – With the cost of a college education continually on the rise, so is the percentage of loans that default and never receive payment.
  • Strip Clubs – Associated with the adult entertainment industry gains the strip club access to this list.
  • Stun Gun Sales – considered a type of weapon, which makes it a high risk merchant.
  • Supplement Sales – The request for refund in this industry is quite high due to the nature of the product.
  • Sweepstakes – “Hey, I entered a sweepstake and I didn’t win. I’d like my money back please.”
  • Talent Agencies – “I paid thousands of dollars for headshots and glamorous outfits and I haven’t gotten any paid gigs. Pay me back my money please.”
  • Telemarketing Services – Telemarketing services many times do not have the results the purchaser would like to see, so the services are charged back.
  • Telephone Order Sales – Anything ordered over the phone has a increased risk of chargeback.
  • Timeshare Companies – When timeshares aren’t used, people want their money back.
  • Travel Agencies – If trips are not taken, consumers would like their funds returned.
  • Travel Clubs – Many travel club discounts aren’t what they were promised, increasing risk for chargebacks.
  • Vacation Rental Brokers – Third party brokers on prepaid vacation can have issues when customers cancel their trips.
  • Vape Shops – The level of criminal activity and theft is higher with vape shop merchants and therefore carries a high risk label.
  • Vitamin Sales – If the vitamins don’t provide the results the merchant would like to see they chargeback the transactions.
  • Web Designer – Because this service is prone to chargebacks, it has been classified as high risk.
  • Weight Loss – Considered risky because the results aren’t really up to the company, but rather the individual has to stick to the plan to get results, often resulting in chargebacks.
  • Yahoo Stores – Since the goods sold through Yahoo can easily be returned, they are considered a risky merchant.

Turn Your Residuals into Immediate Cash Today

Selling your residuals doesn’t impact your merchants—they’ll keep processing happily. So, if you need extra funds, explore a credit card residual buyout. It’s fast, easy, and a smart move for your financial game plan.