High Risk Merchant Services - US, Canada, India, and UK

High Risk Pay Solution : Web Design / SEO Merchant AccountsMerchant Accounts for Web Design and SEO Companies in Canada, India, US and the UK

As internet access continues to become faster and more readily available, being able to reach consumers online is increasingly important for large and small businesses alike. As a result, the web design and SEO industries have grown significantly.

Currently a $24 billion a year market, the web design industry is expected to continue to grow by an average of 5% annually for the foreseeable future. The SEO industry is experiencing an even bigger boom, with the current annual global spending on SEO and related services somewhere in the neighborhood of $65 billion.

Why are Web Design and SEO Companies Considered High Risk?

Web design, SEO, mobile app development, software development, and similar businesses typically face an uphill battle when it comes to getting approved for merchant accounts. Despite the clear legitimacy of and need for these services, many banks and merchant service providers consider them to be high risk. There are many reasons for the high risk classification, including:

High number of Card Not Present (CNP) transactions
Many web design and SEO companies operate virtually, meaning that they are not necessarily in the same city, state, or even country as their customers. Because of this, most of their transactions are made without the client being physically present at the point of sale. These types of transactions have a higher risk of chargeback and fraud and banks are often leery of assuming that kind of risk.

Larger than average number of high ticket sales
Depending on where a web design company is located, the client’s industry, and the features and functionality required, a website can cost several thousand dollars or more just for the initial design and development. SEO services often come with a similar price tag. Like Card Not Present transactions, high ticket sales are often at higher risk for chargeback and fraud which is why they are often a red flag for merchant services providers.

Other risk factors include:

  • They may often be startups and/or have little to no credit history
  • They may operate offshore
  • They may offer high risk payment terms such as monthly recurring billing
  • Delays between billing and receipt of payment
  • Higher risk of chargebacks

High Risk Pay Solution Can Help You Get a Merchant Account for Your Web Design / SEO Company

Our team of merchant account specialists has successfully helped hundreds of businesses throughout Canada, India, US and the UK secure the payment processing services they need and we want to do the same for you. To learn more about our web design and SEO merchant accounts options, give us a call us at 855-736-6460 or click here to request information online. Or, if you’re ready to get started, you can apply online for free.