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Understanding Payment Processing and Solutions for High-Risk Industries

Solega Team by Solega Team
September 13, 2024
in E-commerce
Reading Time: 2 mins read
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Understanding Payment Processing and Solutions for High-Risk Industries
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In ecommerce, integrating a dependable fee answer is essential for finishing gross sales. Whereas that is simple for many on-line shops, these in high-risk industries typically face challenges discovering appropriate fee processors.

At Volusion, we simplify this course of by partnering with Fort Level Funds, a specialised fee answer for high-risk sectors equivalent to CBD, firearms, and furnishings.

Understanding Excessive-Threat Processing

Main fee firms like Stripe and Sq. categorize companies as high-risk primarily based on a number of components:

  • Transaction dimension: Massive transactions can result in issues about chargebacks
  • Future supply: Companies with prolonged supply instances, equivalent to furnishings or cruise strains, might fear banks
  • Reputational threat: Banks might keep away from associations with sure industries like grownup content material or payday lending
  • Business compliance: Sectors like CBD and firearms require strict adherence to rules

Fort Level Funds: Your Associate in Excessive-Threat Options

Fort Level Funds avoids labeling companies as high-risk, preferring the time period “harder-to-place.” They focus on industries equivalent to:

  • Grownup
  • Beer / Wine / Liquor
  • CBD / Hemp / Hashish
  • Firearms / Ammo / Weapons
  • On-line Pharma / CNP Pharma
  • Tobacco / Cigars
  • Vape / e-Cigarettes
  • Weight Loss Merchandise

Advantages of Selecting Fort Level Funds

If your enterprise is assessed as high-risk by different processors, Fort Level Funds gives customized consideration and swift utility processing:

  • Specialised evaluation: Their workforce understands the nuances of varied service provider classes
  • Fast setup: Integration along with your Volusion web site may be accomplished in as little as two enterprise days
  • Flexibility: They work with a number of banks, guaranteeing minimal disruption if one financial institution discontinues companies to high-risk industries

Getting Began with Fort Level Funds

Including Fort Level Funds to your Volusion ecommerce web site is straightforward and easy:

  1. Software submission: Submit your utility (0-1 enterprise days)
  2. Underwriting evaluation: Evaluate course of (1-3 enterprise days)
  3. Approval and setup: Gateway setup (0-1 enterprise days)
  4. Integration: Add to your Volusion web site (0-1 enterprise days)

For extra info on how Fort Level Funds can profit your enterprise, fill out our inquiry form or go to their application page.

Associate with Volusion and Fort Level Funds As we speak

Volusion and Fort Level Funds be certain that even high-risk industries can effectively course of funds with out pointless issues. Sign up for our 14 day free trial to start out your ecommerce journey in the present day!

About Volusion

Volusion is an all-in-one ecommerce answer that helps entrepreneurs construct and handle profitable on-line companies.

View more articles by Volusion



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