Folks are not lying when they say things are bigger in Texas, and perhaps no city has better evidence of this than Dallas. Each year millions of people flock to the Star of Texas to take in its grandeur and enjoy its many amusements. They visit the 561-foot-tall Reunion Tower, and stroll through the 66-acre floral wonderland that is the Dallas Arboretum and Botanical Garden. Tourists stop by to say hello to the Dallas Zoo’s 8000 animal residents, and take in football games at the 101,000-seat AT&T Stadium. They also bring millions and millions of dollars into the city’s economy – most of which goes to merchants in the city – hoteliers, restaurateurs, and shop owners. Some businesses miss out on all that wealth, however, because they cannot accept credit cards online. If they can, they may have to pay astronomical fees in order to do so, which can really reduce the size of their profits. That is not exactly the kind of great deal Texas merchants are looking for.
The problem lies with credit card processing companies that label businesses applying for merchant accounts as being high risk. There are many reasons for this. Some ventures are brand new, have bad credit, are small and/or independent, or conduct trade internationally – all of which could work against them when asking a processor for an online merchant account. The payment processors can refuse to give them accounts, or make the businesses share their own merchant accounts for a steep price. Since the businesses are on those accounts as a third party, they have to wait for the processors to receive the funds and distribute them – which could take a while. Many processors randomly seize the funds of business using their merchant accounts, and can hold onto them for an indeterminate period of time.
Luckily for the merchants of D-Town, there is another payment processing company out there who believes that a high risk label should not stop a business from being able to offer card services and stay in the game with competition. Charge.com has online merchant accounts available for every kind of business – whether high risk or low – and their application process is quick and free. Once a merchant has been approved for online credit card processing, they receive a private merchant account that is free of ridiculously prohibitive fees and arbitrary holds. Charge.com asks as little as 0.25% for credit card processing, and only a $0.15 fee on each transaction. Other terrific benefits include:
- FDIC Insured accounts
- Domestic and international accounts available
- Better security
- Free software set up and technology – including mobile card readers
- Free expert technical support 24/7/365
- Instant transaction approvals
There is no shortage of spectacular sites to see in the Big D. There is, however, a shortage of good high risk credit card processing, which could leave a lot of merchants missing out on a stack of cash as tall as Big Tex. Fortunately, they have a lucky star like Charge.com ready to help them shine.