Learn How To Determine-Your-Risk-Factor
Which category does your E-commerce business fall into – low, medium or high risk?
At AMSLV, we have outlined risk factors according to their categories for you to decide where your business falls.
Next time you apply for a merchant account¬† you will be able to make a fair assessment of whether you stand a good chance or not. Have a look at the features in detail.
Low Risk category
If your monthly volume of business is less than $20000, your business falls in this category. An average ticket of $50 or less will also be considered as a qualification to fall in this segment.
Another important feature of this segment is the use of a 3D secure processor ¬†in order to guard your business from frauds. If your business deals with low risk markets like selling books, clothes or home made goods or you live in the countries classified as low risk, such as Japan, Canada, Australia and Western Europe.
Medium Risk Category
If the monthly volumes of your business are between $20,000 and $100,000, you safely fall in this category. The ticket size needs to be between $50 and $100. Good examples of businesses that fall in this category are ‚Äď Penny auctions¬†, file downloading, trading in forex, and other subscription based services. Mail and telephone¬† order transactions will also be classified in this segment. If you are residing in Latin America, Cyprus, Malta or Israel, then you automatically fall in this category.
High Risk category
If your monthly turnover is more than $100,000, banks will automatically classify your business as high risk. The average ticket size needs to be more than $100 and you should be hosting your payments pages on your own. Businesses that generally fall in this category are online gambling , adult services, e-cigarette¬† sales and other virtual travel agencies. If you are residing in Russia, Middle East, Southeast Asia or Eastern Europe, you naturally fall in this category.
At AMSLV, our experts are sitting by the phones waiting to hear from you in order to clarify any doubts that you might have regarding, merchant accounts () and their services.
For knowing more, feel free to call us at 702-456-1116 or drop us an email at email@example.com