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Which account will accept my business model?
Having several merchant account solutions is good for choice,
however we understand that it can be a little confusing because
you know, or simply assume, that your business will fit one account,
when in fact it turns out not to be the case. For example you could
easily assume that 'pay day loans' would be under our high-risk
account when in fact this is not actually the case - it's our
Solution 1 that
can help!
Why is this?
Basically it all depends on the bank we use and our own internal
policies. Yes our high-risk account is more likely to take 'higher
risk' businesses, however this doesn't mean they'll take anything.
It's also means that even though you may class it as high-risk,
we simply don't.
Below you will find a list businesses
and the account we can help with
As you will see a business may appear in just one list or it may
appear in all of them (giving you the choice
of merchant account). As you can imagine we can't list every
type of business there is, however these are the most common companies
we help.
Quicker to simply see what's prohibited? Click
here for a list of prohibited businesses
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With our 'Solution 1
Account' we can help:
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| Accommodation
Application Software
Advertising Agencies
Banking Software
Basic Materials Wholesale
Bets, Tips and Virtual Poker
Beverages - Soft Drinks Only
Business Equipment
Broadcasting - Radio
Broadcasting - TV
Building Materials Wholesale
Business Services
Business Software
Car and Vehicle Hire
CCTV Systems and Services
Clothing
Cosmetics (non pharmaceutical)
Cleaning Products
Confectioners
Computer Equipment (excl PC Support)
Computer Based Systems
Computer Peripherals
Communication Equipment
Design & Print (excl SEO & Web design)
Department Stores
DVD and CD Sales
Electronic Cigarettes
Electronics Stores
Electronics Wholesale
Eyewear & Glasses
Food Wholesale
Footwear & Accessories
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Grocery Items
Home Fixtures
Home Furnishing
Home Improvement
Housewares & Accessories
Management Services
Marketing Services
Medical Equipment Wholesale
Memberships
Music and Video
Multimedia & Graphics Software
Mobile Telecommunications
Office Supplies
Paper & Paper Products
Payday loans
Photographic Equipment & Supplies
Pornography Hard Goods (excl under
18's)
Publishing (excl annual subscriptions)
Recreational Goods
Rental & Leasing Services
Security Goods and Services
Sex Toys and Games
Small Tools & Accessories
Sporting Activities
Sporting Goods Stores
Stock Market Trading Software
Tarot Reading
Technical & System Software
Telecom Services
Textiles
Toys & Games
Waste Management |
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With our 'Solution 2
Account' we can help: |
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| Beverages - Soft Drinks Only
Business Equipment
Basic Materials Wholesale
Building Materials Wholesale
Business Services
CCTV Systems and Services
Clothing
Cleaning Products
Confectioners
Computer Based Systems
Computer Peripherals
Communication Equipment
Design & Print (excl SEO & Web design)
Department Stores
DVD and CD Sales
Eyewear & Glasses
Footwear & Accessories
Grocery Items
Home Fixtures |
Home Furnishing
Home Improvement
Housewares & Accessories
Marketing Services
Medical Equipment Wholesale
Memberships
Music and Video
Office Supplies
Paper & Paper Products
Photographic Equipment & Supplies
Publishing (Excl annual subscriptions)
Recreational Goods
Security Goods and Services
Small Tools & Accessories
Sporting Activities
Sporting Goods Stores
Textiles
Toys & Games
Waste Management |
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With
our 'High-Risk Account' we can help: |
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Advertising Agencies
Adult Accounts
Beverages - Soft Drinks Only
Business Equipment
Basic Materials Wholesale
Broadcasting - Radio
Broadcasting - TV
Building Materials Wholesale
Business Services
Business Software
Car and Vehicle Hire
CCTV Systems and Services
Clothing
Cosmetics (non pharmaceutical)
Claims Management
Cleaning Products
Confectioners
Computer Equipment (excl PC Support)
Computer Based Systems
Computer Peripherals
Communication Equipment
Design & Print (excl SEO & Web design)
Department Stores
DVD and CD Sales
Electronics Stores
Eyewear & Glasses
Food Wholesale
Footwear & Accessories
Grocery Items
Home Furnishing |
Home Improvement
Housewares & Accessories
Management Services
Marketing Services
Medical Equipment Wholesale
Memberships
Music and Video
Multimedia & Graphics Software
Office Supplies
Paper & Paper Products
Photographic Equipment & Supplies
Pornography Hard Goods (excl under
18's)
Publishing (Excl annual subscriptions)
Recreational Goods
Rental & Leasing Services
Security Goods and Services
Sex Toys and Games
Sexual Encounters
Small Tools & Accessories
Sporting Activities
Sports Tips
Sporting Goods Stores
Stock Market Trading Software
Tarot Reading
Technical & System Software
Telecom Services
Textiles
Tipping and Betting
Toys & Games
Waste Management |
Please note that these lists are not definitive. Also; even though
your business may appear, this does not necessarily mean that we
will be able to provide an account as we need to assess each business
model and each business owner individually.
Rejection of an application or other type of business
Web Merchant Services has the right to refuse the business of any
potential or current customers for moral, ethical or any other reason(s).
Even if the information they have supplied is true and complete.
We retain this right if we feel that the customer and/or the information
they have supplied is not what it appears. All rejections are sent
via email once an assessment has been completed.
Disclaimer
In order to increase a merchant's chance of obtaining a merchant
facility with one of our sponsor banks due to an applicants status
and/or business model and following a full risk assessment of an
application, we may need to increase certain elements: mainly the
settlement period and the rolling reserve (other terms may be effected
depending on the risk sector you operate in and your company’s
credit rating). A longer settlement period and a larger rolling
reserve are more likely to reassure our processing bank that we
have taken sufficient steps to mitigate the risk exposure on an
account.
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