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Premier One Payments explains the requirements for obtaining a High-Risk Merchant Account.
USA (December 26, 2021): It is always free and without obligation to apply for a high-risk account. When a company agrees to continue forward with an application, Premier One Payments assigns a dedicated high-risk merchant account professional to help them through the process before offering the
high risk merchant processing solutions. The aim is for them to receive approval as quickly as possible at the greatest feasible prices.
The application process for a high risk payment processing account is simple. Clients need to apply along with supporting papers.
ID for the account signer; most recent past three months of business bank statements; cleared check for the bank account where processing payments will be settled; 3-6 months of payment processing history; and business formation & registration information are among the supporting papers.
Account approvals can take as little as one day, however owing to the time required to fully underwrite a file, most high-risk merchant account approvals take 48 hours. For rapid acceptance, applicants will need a comprehensive application package.
"Take your time filling out the application form thoroughly and submitting all needed papers. The more detailed your documentation is, the faster your high-risk merchant account will be approved", Premier One Payments' spokesman stated.
Naturally, having a signer on the account with strong personal credit is a smart idea. If not, think about getting a co-signer who does. After the complete file has been examined, credit is verified as the final stage in the application process.
Underwriters review the high-risk merchant account application form first to ensure that all the information is valid and full. The underwriting team then turns its attention to the rest of the application package.
High-risk online sellers must have properly functional and secure websites. All pages and links must function properly. Customer care email and phone numbers, as well as privacy, refund, and other policies, must be shown. Provide a demo or test login in the application package if the website requires a username and password for extra information, so the underwriters can see what consumers view.
About Premier One Payments
Premier One Payments, as a full-service payment processor, offers organizations with the highly secure technology and software they need to take both online and mobile payments.
For more information, visit
https://www.premieronepayments.com/
Media Contact
Premier One Payments
Phone: (855) 226-3341
Email: info@premieronepayments.com
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