Merchant Accounts

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Types of Merchant Accounts

High Risk – Not all High Risk accounts are considered equal. There are various types of high risk accounts, and many of them are considered “high risk” by many organizations, and will charge your organization accordingly. The reality is many of these merchant accounts are in fact not actually that risky and may qualify for a lower overall effective rate accompanied by lower reserve requirements.

If your organization is searching for a high risk merchant account, please contact our High Risk specialist, Garrett Rittenberg at 877-455-7482 x 9995.

Examples of High Risk account(s) that Riva Payments / EPX NY Services today, include the following types of accounts:

• Traveling companies
• Businesses dealing in adult services
• Pharmaceutical Industries
• Online gambling and casinos
• Businesses dealing in E Cash
• Internet service providers and hosting services

Retail – A retail transaction is any credit card transaction that occurs in a “face to face” environment where the card is accepted and “swiped” through a card reader.

Examples of retail merchant account(s) that Riva Payments / EPX NY services today, include the following types of accounts:

• Supermarkets
• Party City retail outlets
• Car Dealerships
• Golf Courses
• Auto Body Shops
• Restaurants
• Sporting Goods retail outlets
• Temporary Halloween Stores

MOTO / E-Commerce – A Moto/ E-Commerce transaction is any credit card transaction that occurs in a “non-face to face” environment where the credit card is accepted over the phone or over the internet.

Examples of MOTO / E-Commerce merchant account(s) that Riva Payments / EPX NY services today, include the following types of accounts:

• Paper goods Wholesalers / E-Commerce
• Novelty Item Wholesalers
• Balloon Wholesalers / E-Commerce
• Costume Wholesalers
• Container Wholesalers / E-Commerce
• Sporting Arenas – Suite Sales / ticket sales
• Publically traded companies / E-Commerce
• Private Aviation