One of the most frustrating but necessary parts of running a business is using credit card processing services. This is because more and more people choose to use their cards to pay for goods and services. These processing services make it so that their transactions are accepted in a matter of seconds instead of pending forever. However, these services often come with monthly fees for businesses.
When you run a high-risk style business, these fees can be even more daunting. You are already trying to save money to keep your business running, and those fees can really add up. Thankfully, Xccept is here to save the day and offers high-risk credit card processing services to keep you on track.
What Makes a Business High Risk?
“High-risk” businesses are considered companies whose goods and services are not secure and can be financially challenging. They may rely heavily on investments for funding because they cannot guarantee when they will get clientele.
Types of high-risk businesses include:
- CBD Products
- Non-Profit Organizations
- Multilevel Marketing
- Adult Industry
Though it is hard to determine how often these types of businesses fail, some reports say that 50% of startups will close within their first five years of operation. This can be due to many reasons, including a failure to garner traffic, poor money management, and high competition within their area.
Because keeping hold of money is so crucial, the 3% processing fees set by many credit card companies can add to the chances of these businesses collapsing. Xccept can take some of that fear away.
The Benefits Offered at Xccept
Xccept wants to watch all companies be successful, so they don’t mind that your business model is a little shakier than others. They will still come in and cover those monthly fees for you. In the long run, this can save you up to 50% of what you would be dealing with sans collaboration.
Not only that, but Xccept offers Stage I PCI security on transactions. This ensures that your customers will not have to deal with fraud, and you won’t get faulty payments. This is one of the most trusted and highest security and encryption services in the entire world, so you really will have nothing to worry about!
Have you never utilized credit cards at your business before? Not to worry! Xccept will send you a processing machine once you are approved! This machine is easy to use, and both seasoned pros and newcomers can figure it out. If you do have questions regarding the machine, Xccept can be called at any time of day for assistance. Even better, there s never any downtime for rebooting or updates!
What Other Businesses Can Xccept Help?
Since they want to help everyone, Xccept has been able to create more customized plans for a plethora of business classifications. They know that not all two models are alike, but they still want to work as mediators when possible. You can be helped if you operate one of the following services:
- Food and Beverage
- Small Businesses
Meanwhile, to keep ethical and safe, Xccept will not help illegal businesses, discriminatory services, or cryptocurrency companies. Businesses are also required to be based in America, and owners must be legal residents of the country or have a valid Social Security number.
Xccept Can Help to Keep You Afloat
For many high-risk businesses, credit card companies give them a hard time or see them as bad customers to deal with. More often than not, they might not even choose to help them with processing. If they do, the costs can be even higher than the average 3% many companies expect.
Xccept does not see this as fair and thinks you deserve the same treatment as other types of services. They hold no grudge against you, even if you have had previous troubles with credit card companies or had suspended and closed accounts. You can still depend on Xccept to save the day.
If you want a chance to save money and keep your business running smoothly, contact Xccept immediately and be pre-approved within 24 hours. Their collaboration is one of the least risky decisions that you can make.