High Risk

high risk merchant accountsCard Systems have become experts in the high risk approval process.

Banks consider some companies to be high risk. Contrary to what you have believed all these years, banks are less in the business of managing money than they are of managing risk. Risk to a bank is everything. Even if you have conducted business with a particular bank for an extended period of time, that bank might consider your company to be high risk.

This does not mean that you cannot get a merchant account; it just means that there are certain boundaries you will need to operate within when obtaining your merchant account. We are familiar with these boundaries. The bank that you have been with all of your life may be great for your personal transactions, but might not be the best choice for your existing venture.

Card Systems specializes in the procurement of high risk merchant accounts and we’ll make sure you are placed with the appropriate processor.  We are here to steer you through the minefield of setting up a merchant account.

Fill in our easy application today!

Contact Information
Call us at +1 (239) 549-5055 or toll free at  (866) 207-3298
Email: info@cardsystems.com

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Process Credit Cards Anywhere!

Card Systems has solutions for your critical business needs:

  • security
  • payroll
  • mobile payments
  • online sales
  • loyalty programs
  • gift cards

Print out our 1 page flyer for more info, then give us a call at (239) 549-5055.

IRS Reporting Requirements

The Housing Assistance Tax Act of 2008 included the enactment of Section 6050W of the IRS Code. This is an important new measure that requires obligated reporting entities to report the gross amounts of their merchant customers' payment card and third party network transactions to the IRS.