Banks are constantly scrutinizing and ultimately redefining the merchant types that they will and will not approve for a merchant account. What is acceptable to an underwriter one day could be prohibited the next. To this end, there is nothing more frustrating for a merchant than having a merchant account closed because a bank redefined their credit policy and decided that they no longer want a particular class of business.
MIDsource offers domestic high risk merchant accounts for a wide range of industries. With our extensive network and direct banking relationships, we pride ourselves in our ability to obtain new merchant accounts for businesses in the high risk and card not present space. You need a knowledgeable partner who can provide processing options based on market conditions, regulations, legislative changes, policy changes and fluctuating bank appetites. For years, the dedicated professionals at MIDsource have leveraged deep relationships and industry expertise to keep our merchants live and processing.